USDA Vs. FHA Pro and Con comparison in St.-Augustine-South, St. Johns County, FL
For the year 2025, the USDA loan ceiling in St.-Augustine-South, located in the county of St. Johns, FL, is set at $310,900. In comparison, the FHA limit for a single-family residence stands at $388,700.
To effectively compare today's optimal USDA versus FHA rates, utilize the Lendersa® USDA loan calculator. This tool also helps identify the necessary income, credit score, reserves, and documents for loan qualification. With our state-of-the-art mortgage calculator, you can evaluate USDA, FHA, Conforming, and VA options side by side, which empowers you to select the best program in that aligns with your financial goals.
2025 loan ceilings and down payment prerequisites in St.-Augustine-South, county of St. Johns, FL
Loan Type
Loan Ceiling
Down Payment
USDA
$310,900
0%
FHA
$388,700
3.5%
Conventional Conforming
$548,250
3%
Options for USDA and FHA loans in St.-Augustine-South, FL
The aim of Lendersa® is to provide you with a top-notch USDA loan or FHA loan swiftly and seamlessly. Choose from three different starting pathways that link you to suitable lenders and matching USDA loan programs.
A USDA home loan is a government-backed mortgage offered through the Department of Agriculture, often referred to as a USDA rural development loan or USDA mortgage, and is specifically available in rural settings. While FHA loans mandate a minimum down payment of 3.5%, the USDA mortgage requires no down payment at all.
SELH Federal Credit Union has been approved for a Charter change to serve the healthcare industry in the cities of Abita Springs, Mandeville, Covington, and Lacombe, LA. This change allows us to offer membership to any worker in the healthcare industry working in any of the cities approved.
LTV Properties is a local Louisiana Equity Lender that specializes in hard money loans with no credit, income, or residency requirements. We offer fast closings and loan our own money. We have been doing business in the state of Louisiana for 11 years with over 120 years of personal, residential, and commercial lending experience.
211 W Causeway Approach, Suite A, Mandeville, LA, 70448
Alpha Mortgage was formed in 1997 in Mandeville, Louisiana. It operates as a mortgage broker office and is licensed by the state of Louisiana. Experienced loan officers include Jimmy Briant and Neal Clark with forty-two years of experience. Several types of loans are offered, such as, conventional, FHA, VA, USDA, and reverse mortgages.
800 N. Causeway Blvd, Suite 2B, Mandeville, LA, 70448
Our 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.
1590 W Causeway Approach, Suite 4, Mandeville, LA, 70471
"Nations Loan Services specializes in the United States Department of Agriculture (USDA) Business and Industry (B&I) loan program.
Nation Loan Services understands the processes required for government loan approval and work to expedite the process for each of our borrowers and banks.
1795 W Causeway Approach, Suite 103, Mandeville, LA, 70471
First Access Mortgage LLC, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
Urban Housing Mortgage is a full service Correspondent Lending Firm offering residential loan products and services. We are currently licensed in the states of Louisiana and Mississippi, with plans in place for further expansion. Since our inception, Urban Housing Mortgage has consistently met the needs of the community with new ideas.
NOLA Hard Money is led by a group of investors with deep roots in the New Orleans real estate market and active in it for more than 30 years.We have an eye for value and build long-term relationships with our clients. We strongly believe that the best marketing comes from current customers.
We create opportunities for our clients and the communities we serve. We offer a wide array of banking and financial services at locations in Alabama, Florida, Louisiana, Mississippi and Texas. Our core values are lived out by the actions of our associates throughout our footprint.
