USDA and FHA Pro and Con in Salmon, Lemhi County, ID
For 2025, the USDA loan limit within Salmon, situated in Lemhi county, ID, stands at $336,500. In contrast, the FHA loan limit for a single-family home is $472,030.
Leverage the Lendersa® USDA loan calculator to compare today's leading USDA versus FHA rates and comprehend the income, credit, reserves, and documentation required for qualification. Our advanced mortgage calculator enables a side-by-side analysis of USDA, FHA, Conforming, and VA options, aiding you in deciding which program in best aligns with your financial needs.
Loan limits and down payment requirements for 2025 in Salmon, Lemhi, ID
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 Salmon, ID
Lendersa® strives to provide you with the most suitable USDA or FHA loan efficiently and seamlessly. Choose one of three pathways to connect with matching lenders and USDA loan programs.
USDA home loans are backed by the government Department of Agriculture, also known as USDA rural development loans or mortgages, and are available only in rural areas. In contrast to FHA loans that require at least a 3.5% down payment, the USDA mortgage requires none.
112-114 North Sycamore Street, Elizabethton, TN, 37643
Elizabethton Federal Savings Bank has been serving the communities of Northeast Tennessee and the Tri-Cities since 1937. With branch offices in Carter County, Johnson County and Washington County, Tennessee, we provide our customers with a complete selection of financial products.
Northeast Community Credit Union began in 1952 as Elizabethton Teachers Credit Union to provide financial services to area educators. A small group of school teachers petitioned the Tennessee Department of Financial Institutions for a charter to begin the credit union, due to school staff finding it more difficult to borrow since they were paid.
Happy Valley Credit Union was chartered by the State of Tennessee in 1933 to service the employees of NARC & Bemberg. Our Name was originally Bemberg-Glanzstoff Credit Union. Our name changed to Happy Valley Credit Union in 1934. Membership is open to anyone who worships, lives, or works within one of our census tract areas of Carter County, TN.
Since 1934, families and businesses have placed their trust and confidence in a bank that has grown and prospered right along with the East Tennessee region. Today, Citizens Bank is one of Tennessee's most solid banks, providing the best available financial services, convenience, technology, and expertise, so you can bank your own way
1970 W. Elk Avenue, Unit C, Elizabethton, TN, 37643
At Advanced Mortgage Services, Inc., we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
We at First Exchange Bank strive to provide financial solutions in real life. We understand that every individual has unique needs and, to that end, we provide a variety of services and experts to help you understand which are right for you. We are thrilled to have been serving our community since 1932.
Fairmont Federal Credit Union is a not-for-profit financial organization, democratically controlled, owned and operated by our members for the benefit of all who belong.
We operate 9 regional branches with over 120 employees. We are currently one of the fastest growing credit unions in West Virginia with nearly $400, 000, 000 in assets.
Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.