USDA Vs. FHA Pro and Con comparison in Chanute, Neosho County, KS

In the year 2025, the loan limit for USDA in Chanute, located in Neosho, KS, is set at $336,500, while for a single-family home, the FHA limit is $472,030.

To compare current USDA and FHA rates, use the Lendersa® USDA loan calculator. It helps you determine the necessary income, credit, reserves, and documents to qualify. This advanced calculator offers a side-by-side comparison of USDA, FHA, Conforming, and VA loans, allowing you to find the most suitable option for your financial situation in .

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Loan Limits and Downpayment Details for 2025 in Chanute, Neosho, KS

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 Possibilities in Chanute, KS

The aim of Lendersa® is to swiftly secure the best USDA or FHA loan for you, without any hassle. Choose one of three starting options that lead to matched lenders and information on USDA loan programs.

Lendersa USDA loan request and results

Overview of USDA Loans in KS

A USDA home loan is supported by the Department of Agriculture and is commonly referred to as a USDA rural development loan or mortgage. It's available solely in rural areas. FHA loans require a minimum 3.5% down payment, whereas USDA loans have no down payment requirement.

Enter your location to find out if it qualifies for USDA rural housing loan?



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