In the year 2025, the USDA loan cap in Covington, located within the county of St. Tammany, LA, is set at $336,500. Meanwhile, the FHA cap for a single-family residence is $472,030.
To compare the most favorable USDA versus FHA rates available today, consider using the Lendersa® USDA loan calculator. It evaluates necessary income, credit score, reserves, and documentation for qualification. With our state-of-the-art mortgage calculator, you can view USDA, FHA, Conforming, and VA loan details side by side, assisting you in deciding which program, including in
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| Loan Type | Loan Limit | Down Payment | |
| USDA | $336,500 | 0% | |
| FHA | $472,030 | 3.5% | |
| Conventional Conforming | $726,200 | 3% |
Lendersa® is committed to swiftly providing you with the optimal USDA or FHA loan options while ensuring minimal complications. Begin with one of three paths to find matching lenders and discover suitable USDA loan programs.
A USDA home loan is endorsed by the government through the Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, provided exclusively in rural regions. Distinct from FHA loans which necessitate a minimum down payment of 3.5%, a USDA mortgage does not require any initial down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
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