USDA VS FHA in Union, Boone County, KY

For the year 2025, the USDA loan limit in Union, in the county of Boone, KY, stands at $336,500, while for a single-family home, the FHA limit is $472,030.

Utilize the Lendersa® USDA loan calculator to evaluate the current top rates for USDA versus FHA loans and identify the necessary income, creditworthiness, savings, and documentation required for eligibility. Our sophisticated mortgage calculator allows a side-by-side analysis of USDA, FHA, Conforming, and VA programs, aiding your decision on the most suitable option in based on your specific financial needs.

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Understanding loan limits and down payment needs for 2025 in Union, county of Boone, KY

Category of Loan Maximum Loan Amount Down Payment Required
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA Loan Possibilities in Union, KY

Lendersa® is focused on quickly securing the best USDA or FHA loan options for you, with minimal complications. Start by selecting one of three pathways leading to matched lenders and USDA loan offerings.

Lendersa USDA loan request and matching results

Grasping the Concept of USDA Loans in KY

The USDA home loan, underwritten by the government's Department of Agriculture—commonly referred to as a USDA rural development loan or mortgage—is exclusively available in rural areas. Unlike FHA loans, which require a minimum 3.5% down payment, USDA loans necessitate no down payment at all.

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



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