USDA and FHA Pro and Con in Salisbury, Wicomico County, MD
In 2025, within Salisbury, located in Wicomico county, MD, the USDA loan limit is set at $336,500, whereas the limit for FHA loans stands at $472,030 for a single-family home.
Utilize the Lendersa® USDA loan calculator to evaluate today's best USDA versus FHA rates, assessing the income, credit, reserves, and documents required for qualification. Our advanced mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA loans to help you decide which program is optimal for your financial situation in Alabama.
2025 Loan Limits and Downpayment Requirements in Salisbury, Wicomico, MD
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Examining USDA and FHA Loan Options in Salisbury, MD
The goal of Lendersa® is to swiftly secure the best possible USDA or FHA loan for you without any hassle. Begin by choosing one of three starting points that align you with matching lenders and USDA loan programs.
A USDA home loan, often referred to as a USDA rural development loan or USDA mortgage, is backed by the Department of Agriculture and is intended for properties in rural areas only. Notably, unlike FHA loans, which require a minimum 3.5% down payment, USDA mortgages have no down payment requirement.
Illinois Valley Credit Union, located at 1311 Shooting Park Road in Peru and 200 Ave Road in Princeton, Illinois is a financial cooperative that offers its members a non-profit alternative to banks, savings and loans and other organizations. Originally serving one employer group, Marquette Cement Manufacturing Co
At Peru Federal Savings Bank, our mission is to meet the financial needs of each individual by providing exceptional customer service focused on personalized attention and building relationships. We strive to be THE community bank which continues to serve generations in the Illinois Valley.
At MidSouth Bank, our roots have long been established in independent, community Banking. Founded in January 1912, during an era when many community leaders across the nation formed Banks to meet the needs of neighborhood families and business owners, we opened our doors with just $18, 000 in assets.
PeoplesTrust Bank opened for business on July 23, 2004 with offices in Hamilton and Hackleburg, Alabama. As the first newly chartered commercial bank in Marion County in more than 25 years, PeoplesTrust Bank was organized as a locally owned and locally focused alternative to the multi-state mega-banks. Local decision making has enabled The Bank to
Founded in 1976, the bank’s stable growth and progress for over 45 years is a reflection of the hard work and traditional values that exist in the Board of Directors, management, and staff. Our number one goal is to provide quality service that will meet all of your banking needs with the personal touch that will make you feel right at home.
The First National Bank of Murphysboro opened its doors for business on the 13th day of May, 1889. The Jackson County Bank, a private institution owned by Medar Lucier and Joseph VanCloostere, was purchased. The First National Bank then occupied their quarters on the south side of the square until 1891,
498 Palm Springs Drive #100, Altamonte Springs, FL, 32701
Century Financial Group where we have been providing mortgages to our customers since 2001. We pride ourselves in giving you the mortgage information, loan options and convenient assistance you’re looking for. Each of our NMLS licensed loan officers has a minimum of 20 years experience in the mortgage industry.
498 Palm Springs Drive Suite #220, Altamonte Springs, FL, 32701
Contemporary Mortgage Services, Inc. has been serving Central Florida since 1985, and has been recognized as one of the top companies in the mortgage and lending industry for the state of Florida.
Equipped with two convenient locations Contemporary Mortgage is licensed to serve all of Florida.
