USDA and FHA Pro and Con in Scottsville, Allen County, KY

In the year 2025, the USDA loan limit for Scottsville in Allen, KY, is $336,500. In contrast, the FHA loan limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to evaluate today's top USDA versus FHA rates. You can determine the necessary income, credit level, reserves, and documentation requirements for qualification. Our enhanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side-by-side, assisting you in selecting the best option in Alabama for your financial circumstances.

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2025 Loan Limits and Down Payment Needs in Scottsville, Allen, KY

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 Scottsville, KY

The goal of Lendersa® is to rapidly secure the best USDA or FHA loans for you without any hassle. Begin by selecting one of three initial actions to connect with matching lenders and USDA loan programs tailored to your situation.

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Understanding USDA Loans in KY

A USDA home loan, offered by the Department of Agriculture, commonly known as the USDA rural development loan or mortgage, is exclusive to rural areas. It differs from FHA loans, which require a minimum down payment of 3.5%, by having no down payment requirement.

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



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  • Northview Bank has proudly served Minnesota and Wisconsin for over 100 years. Northview Bank offers competitive rates on mortgages, home equity loans, construction loans, vacation property loans and even land loans.Northview Bank has been a leader in financing bare land for decades and has extensive knowledge with financing these products.
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