USDA VS FHA 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.
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