In 2026, the USDA loan limit for Covington, situated in the county of Kenton, KY, is listed as $336,500. For a single-family home, the FHA limit is set at $472,030, providing different options for prospective homeowners.
By utilizing the Lendersa® USDA loan calculator, one can easily compare the leading USDA against FHA rates available today and determine the necessary income, credit score, reserves, and documents needed to qualify. Our sophisticated mortgage calculator allows you to see USDA, FHA, Conforming, and VA options side by side, assisting you in deciding the best program for your unique financial situation in Alabama.
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| Loan Type | Loan Limit | Down Payment |
| USDA | $336,500 | 0% |
| FHA | $472,030 | 3.5% |
| Conventional Conforming | $726,200 | 3% |
The goal of Lendersa® is to promptly secure the ideal USDA or FHA loan for you, ensuring a straightforward process without hassle. Select one of three starting points to gain access to matching lenders and USDA loan programs that are best suited to your requirements.
The USDA home loan, backed by the United States Department of Agriculture, is commonly referred to as a USDA rural development loan or USDA mortgage. It is designed specifically for borrowers in rural neighborhoods. Unlike FHA loans, which require a down payment of at least 3.5%, the USDA mortgage does not require any kind of down payment. This makes it an attractive choice for those qualified in rural areas seeking homeownership opportunities.
Enter your location to find out if it qualifies for USDA rural housing loan?
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