USDA and FHA Pro and Con in South-Gate-Ridge, Sarasota County, FL
For the year 2025, the USDA loan cap in South-Gate-Ridge, located in Sarasota county, FL, is $338,500. In contrast, the FHA cap for a single-family residence stands at $356,362.
Try utilizing the Lendersa® USDA loan calculator to evaluate and contrast the best current USDA and FHA rates. It will help you ascertain the necessary income, credit score, reserves, and required documentation to qualify. Our cutting-edge mortgage calculator allows you to compare USDA, FHA, Conforming, and VA loans side by side, aiding in identifying the most suitable program for your financial circumstances in Alabama.
Loan limits and downpayment requirements for 2025 in South-Gate-Ridge, Sarasota county, FL
Loan Type
Loan Limit
Down Payment
USDA
$338,500
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in South-Gate-Ridge, FL
At Lendersa®, our aim is to expedite securing the optimal USDA or FHA loan with minimal complications. Begin your journey with one of three starting points that will connect you to lenders and USDA loan programs.
A USDA home loan, endorsed by the government's Department of Agriculture, often referred to as the USDA mortgage or USDA rural development loan, is exclusively available for rural areas. Contrarily, an FHA loan requires a minimum down payment of 3.5%, whereas a USDA loan mandates no down payment whatsoever.
The Bank of Hindman opened for business in Hindman, Kentucky on October 3, 1903. The Bank of Hindman remained open during the Great Depression and has grown to become a $150 million financial institution. The Bank of Hindman remains locally owned and committed to serving the needs of our community.
329 Warfield Blvd, Suite A, Clarksville, TN, 37043
Legacy Mortgage is committed to providing quality service in a friendly atmosphere while helping you obtain the mortgage that is right for you. Your personal homebuying situation is unique, therefore we offer a tremendous variety of products tailored to meet your specific goals. Our top priority is to simplify the process
Our team continues to service the mortgage needs of clients throughout Memphis and the Mid-South and has become the #1 ranked purchase loan lender in Memphis. As one of the few privately held and locally owned mortgage lenders, all decisions and funding are handled in-house enabling us to provide clients with superior service and lower rates.
In April of 1957, a certificate was signed to organize an employee’s credit union for Crossett Paper Mills employees. The credit union started out in a small office inside the main building of the paper mill. Membership was opened in 1970 to Ashley Drew and Northern Railroad, a subsidiary of Georgia Pacific Corporation.
Franklin Bank & Trust Co. is ""Hometown Banking At Its Best Since 1958"". We opened our doors on Dec. 1, 1958 and are still here doing what we do best for you.
We have expanded our offices into Warren County with 3 convenient locations in Bowling Green as well as 2 full service locations in Franklin.
2005 Nonconnah Boulevard, Suite 7, Memphis, TN, 38132
CN/IC Employees Credit Union strives to be the lifetime financial partner of our member-owners.
CN/IC Employees Credit Union will be distinguished within the industry as a secure and growing organization which owes its success to constant attention to its members’ needs and expectations.
L G & W Federal Credit Union is dedicated to serving and supporting the MLGW family with the financial products and services they want and need.
Our friendly and knowledgeable staff has just one goal-to serve you! Unlike some larger financial institutions, we see you as a unique person, not just another account number.
Hometown Captial Group mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
