USDA Vs. FHA your options comparison in Springfield, Bay County, FL
In the year 2025, the USDA loan limit for Springfield, located in Bay, FL, is set at $336,500, whereas the FHA limit for a single-family home is $472,030.
Take advantage of the Lendersa® USDA loan calculator to compare the most favorable rates of USDA versus FHA loans available today. This tool helps establish the necessary income, credit score, reserves, and supporting documents needed for qualification. Our advanced mortgage calculator exhibits USDA, FHA, Conforming, and VA lending options side by side, empowering you to determine the most suitable financial program in a place like Alabama for your specific situation.
2025 Loan Limits and Down Payment Requirements in Springfield, County of Bay, FL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Springfield, FL
The primary aim of Lendersa® is to connect you with the most suitable USDA or FHA loan with speed and without unnecessary difficulty. Choose one of three tailored starting points that culminate in lender matches and USDA loan offerings.
The USDA home loan, supported by the Department of Agriculture, commonly referred to as a USDA rural development loan or mortgage, is available exclusively in rural areas. Unlike FHA loans that demand a minimum of 3.5% down payment, USDA mortgage loans offer zero down payment requirements.
The State Bank is a financial institution located in La Junta, Colo. The bank offers a wide variety of checking and investment products and services to customers. It provides various checking products, including free checking, financial connection, Rediclub, business management and corporate accounts.
At Colorado Bank & Trust Company, we believe the customer always come first. No voice mail for our customers – every call is answered by an employee specially trained to get you the answers you need! The Bank opened its first branch in Pueblo, Colorado, on January 19, 2006. The new branch was built on the “Mesa” in eastern Pueblo.
FCU was established as a select employee group (SEG) credit union in 1953 to provide financial services to MPB (now known as Timken) employees and their family members.
As a not-for-profit institution, all profits earned from operations are returned to members in the form of lower fees, better rates, and more services and dividends.
Savings Bank of Walpole is a state chartered mutual savings bank insured by the Federal Deposit Insurance Corporation (FDIC).
We are a financial institution like no other in our market, a financial institution without a shareholder, a mutual bank. Here today, and prepared for tomorrow. Providing the best in banking values — we are your advocat
PCT Federal Credit Union was established in 1962 by a group of teachers. It began its operation out of the Treasurer’s home, later a storeroom in a school, then once again in home of the prevailing Treasurer and at present occupies a building at 2203 Cranberry Highway in West Wareham
Headquartered in Framingham, we are able to offer our customers the benefit of local decision making from people who live & work in their community. This allows us to support the local economy & the organizations that work so hard to strengthen it. MutualOne Bank meets the needs of its customers with a variety of checking, savings, consumer loan.
QS Private Lending specializes in making short-term, hard money loans for the acquisition, construction and renovation of investor-owned real estate. We focus on properties in Massachusetts, Rhode Island, New Hampshire and Georgia.
As one of the oldest and largest private, hard money lenders
Whether you need a checking account, auto loan, mortgage or other financial assistance, Merrimack Valley Credit Union is here with your best interest at heart! We’re all about the credit union mission of “people helping people” and offering you quality products and services at reasonable rates and costs.
As an independent community bank, we’ve had a hand in helping southeastern Massachusetts flourish since 1872. In 2020, amid one of the most challenging years in U.S. history, we seamlessly united Bridgewater Savings Bank and Mansfield Bank to form Bluestone Bank. Our new brand is grounded in the same strong values that shaped our alliance.
We are a locally owned and operated bank that opened for business on May 20, 2002. Gogebic Range Bank, NMLS #518712, is a full-service bank offering a complete line of deposit and loan products for both consumer and business customers. We currently employ over 30 people with a total banking experience exceeding 350 years.
