USDA and FHA Pro and Con in Elkridge, Howard County, MD
In 2025, the USDA loan limit for Elkridge, situated in Howard county, MD, is $466,400, while the FHA limit for a single-family home stands at $632,500.
Utilize the Lendersa® USDA loan calculator to compare today's leading USDA and FHA rates. Determine the necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA loans side by side to help you decide which program in is optimal for your financial needs.
2025 Loan Limits and Downpayment Requirements in Elkridge, Howard County, MD
Loan Type
Loan Limit
Down Payment
USDA
$466,400
0%
FHA
$632,500
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Elkridge, MD
The mission of Lendersa® is to secure the best USDA or FHA loan efficiently and without hassle. Choose one from three starting points to connect with lenders and explore USDA loan programs.
A USDA home loan, backed by the Department of Agriculture and also known as a USDA rural development loan, is available in rural areas only. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans require no down payment at all.
The Bank of Washington, headquartered in Washington, Missouri, is proud to be the oldest and largest independently owned bank in Franklin County. Since 1877, as a community bank we have focused on hometown friendliness, personal attention and treating every customer like family. The spirit of the Bank of Washington is deeply rooted.
At Bank of Franklin County, we’re committed to serving the needs of the residents and businesses of this community.As part of this commitment, Bank of Franklin County operates five convenient locations, a mortgage subsidiary, Franklin Mortgage Company, and an investment management subsidiary.
1381 High Street, Suite 107, Washington, MO, 63090
Franklin Mortgage Company proudly serves Franklin and St. Charles counties, working to provide home loans with competitive interest rates and low closing costs. Our experienced mortgage professionals are committed to top-notch customer service that is honest and fair. We’re proud to serve repeat customers throughout the years.
"Bartlett Mortgage, Inc., will help. The Bartlett Mortgage team loves helping individuals and families throughout greater Memphis hang their hat in their new home.
We’re one of the largest mortgage companies in the greater Memphis area. The number of people we’ve helped obtain or build their homes is something we’re incredibly proud of.
Community Mortgage; our name says it all. Mortgages are all we do, and we are experts at it. We're committed to serving you with on time closing, local underwriting/decision making, expert support personnel and exceptional communication. We know your neighborhoods, understand your needs and we're here for you, every step of the way.
Start your lifelong financial partnership with a credit union that is dedicated to serving its community and its members. Come catch the good life and see what good natured banking is all about!credit union that is dedicated to serving its community and its members. Come catch the good life
Patriot Bank is a full-service bank with a focus on community service. The bank serves the growing markets of Shelby County, Tipton County and Fayette County with a wide range of consumer and commercial accounts and a mortgage division. Patriot Bank opened in Millington in October 2001 and has grown to eight full service banks in Arlington
We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention. Patriot Bank Mortgage offers mortgages in Memphis, Shelby, Tipton and Fayette County markets. We also serve the surrounding areas.
