USDA and FHA Pro and Con in Prestonsburg, Floyd County, KY
In the year 2026, the USDA loan limit for a single-family home in Prestonsburg, located in Floyd, KY, is $336,500. Meanwhile, the FHA limit is $472,030.
To compare today's prime USDA and FHA rates, use the Lendersa® USDA loan calculator. This tool helps you determine the income, credit score, reserves, and documents necessary to qualify. Our advanced mortgage calculator allows for side-by-side viewing of USDA, FHA, Conforming, and VA options, assisting you in choosing the best program for your financial scenario in .
Loan Limits and Down Payment Requirements for 2026 in Prestonsburg, Floyd, KY
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Prestonsburg, KY
The objective at Lendersa® is to quickly and conveniently secure you the most suitable USDA or FHA loan. Initiate your process with one of three routes, which match you with appropriate lenders and programs related to USDA loans.
A USDA home loan, also known as a USDA rural development loan, is backed by the Department of Agriculture and is exclusive to rural locations. Unlike FHA loans that require at least a 3.5% down payment, USDA loans demand no down payment, making them an attractive choice for eligible borrowers in those areas.
Eastern Kentucky Federal Credit Union is a federally regulated, and non-profit credit union, established in 1969 by the employees of Kentucky West Virginia Gas Company located in Eastern Kentucky. On April 1, 2015 the board of directors voted to change the name to Eastern Kentucky Federal Credit Union.
At Citizens Bank of Kentucky we believe banking is an experience. We recognize you have a choice when it comes to selecting a banking partner. To our present customers, we are grateful for your business. Our pledge to you is that we will continually find ways to create more value for your banking relationships.
The Bank of Hindman opened for business in Hindman, Kentucky on October 3, 1903. The Bank of Hindman remained open during the Great Depression and has grown to become a $150 million financial institution. The Bank of Hindman remains locally owned and committed to serving the needs of our community.
Citizens Bank & Trust Co. was established in 1962 to provide the highest quality of banking services for the citizens of Breathitt and surrounding counties. As co-founder Circuit Judge Ervine Turner said, "A good bank dedicated to the service of the little man and his financial needs
Bank of the Mountains opened its doors in September 1973. As one of the few family-owned banks left in our state, we understand that relationships matter & strive daily to ensure that our customers are treated right.Nothing is more important to us than our customers feeling they have a partner they can depend on to accomplish their financial goals.
Peoples Bank & Trust Company was chartered in 1923 and has operated continuously since its inception. Since its inception, the Bank’s primary mission has been to serve the banking needs of Hazard, as well as Perry County and the surrounding counties Peoples Bank & Trust Company has occupied the same building at 524 Main Street for 90 years.
The Organizers of 1st Trust Bank decided to establish the Bank because of their belief in the value of customer service. Prior to 2004, some Hazard banks have been acquired by regional multi-bank holding companies headquartered outside of Hazard. In many cases, these acquisitions and consolidations have been accompanied by fee changes,
