For the year 2026, the USDA loan cap in Panama-City-Beach, within Bay county, FL, is set at $285,000, whereas the FHA limit for single-family homes is $356,362.
By utilizing the Lendersa® USDA loan calculator, you can effectively compare the current best rates of USDA against FHA loans. It helps determine the requisite income, credit history, financial reserves, and documents necessary to qualify. Our sophisticated mortgage calculator places USDA, FHA, Conforming, and VA options side by side, assisting you to choose the optimal program for your financial circumstances in .
2026 Loan Limits and Down Payment Requirements in Panama-City-Beach, Bay, FL
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in Panama-City-Beach, FL
The mission of Lendersa® is to provide you with the best available USDA or FHA loan quickly and effortlessly. Choose one of three starting points that align you with lenders and USDA loan offerings.
A USDA home loan, guaranteed by the government via the Department of Agriculture (also known as the USDA rural development loan or USDA mortgage), is exclusively available in rural areas. In contrast to FHA loans, which require at least a 3.5% down payment, USDA loans require no down payment at all.
Innovations is not a bank. We’re a credit union. We’re a not-for-profit financial cooperative, made up of a bunch of wonderful members–all of whom have some kind of connection to Bay County. If you live, work, worship, volunteer, or attend school in Bay County, Florida, you’re eligible to join. Business and other legal entities are in too.
Beach Office 8730 Thomas Dr, 1110 A, Panama City, FL, 32408
Lends in Florida
Blissful Mortgage LLC is located in Panama City Beach, FL, United States and is part of the Activities Related to Credit Intermediation Industry. Blissful Mortgage LLC has 3 employees at this location. (Employees figure is modelled). There are 2 companies in the Blissful Mortgage LLC corporate family.
Bay Credit Union was established in August of 1952 as International Paper Employees Federal Credit Union. In 1976 the name was changed to Bay County Industrial Credit Union to more adequately reflect the expanded membership. Again in 1987 the name was changed to Bay Credit Union when our field of membership was opened to virtually.
First National Bank Northwest Florida is the oldest local community bank in the area. The goal of the bank has always been to provide the best possible customer service. The same banking services as a regional bank but with a local family “feel.” Come be a part of our banking family.
2718 Martin Luther King Jr, Blvd Panama City, FL, 32405
Lends in Florida
Panhandle Educators FCU is a leading Florida Credit Union with an A+ rating by DepositAccounts.com, a subsidiary of LendingTree, and has a 5 Star rating by Bauer Financial. We offer a range of financial solutions including Personal Accounts, Business Accounts, Mortgages, Auto Loans, Personal Loans, and more
3707 W. 23rd Street Suite A., Panama City, FL, 32405
Lends in Florida
Oasis Mortgage, where we specialize in residential mortgages. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants who will be assisting you every step of the way. At Oasis Mortgage, we are able to provide our clients with extremely competitive pricing.
12805 US Highway 98 E, Suite E201, Inlet Beach, FL, 32461
Lends in Florida
Walton Funding was formed with the intent of bringing our borrowers the most favorable lending terms available in the market. We specialize in finding solutions that don't meet standard agency criteria. Our qualified borrowers have transparent access to wholesale rates, giving them some of the best rates available in the industry.
Inlanta is a family owned business—and we run it that way. Treating our customers, partners and employees as family is why we believe we’ve been successful for our 25 years in service. Today, Inlanta is one of the nation’s fastest-growing independent mortgage banks with more than 250 team members serving borrowers in 24 states.
HomeFi provides a fast, affordable and fully digital mortgage experience backed by exceptional customer support. HomeFi Corp NMLS #1804455. HomeFi never charges extra fees for our services on government or conventional loans. That means no lender origination fees, application fees, or underwriting fees.
