USDA and FHA Pro and Con in New-Iberia, Iberia County, LA

For 2025, the USDA loan limit in New-Iberia, located in Iberia County, LA, is $285,000. Meanwhile, the FHA limit for a single-family home is $356,362.

Utilize the Lendersa® USDA loan calculator to compare today’s USDA versus FHA best rates, and determine the income, credit, reserves, and documents needed for qualification. With our advanced mortgage calculator, you can analyze USDA, FHA, Conforming, and VA options side by side to decide which program in best fits your financial needs.

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Loan Limits and Down Payment Requirements for 2025 in New-Iberia, Iberia County, LA

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Exploring USDA and FHA Loan Options in New-Iberia, LA

Our goal at Lendersa® is to connect you with the best USDA or FHA loan quickly and without hassle. Choose one of three starting points that lead to matching lenders and USDA loan programs.

Lendersa USDA loan request and matching results

What is a USDA Loan in LA?

A USDA home loan, which is backed by the U.S. Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is available exclusively in rural neighborhoods. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans require no down payment, making them more accessible.

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



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