USDA Vs. FHA Pro and Con comparison in Chaffee, Scott County, MO
In 2025, the USDA loan limit for Chaffee, nestled in Scott, MO, stands at $336,500, whereas the FHA limit for a single-family home is $472,030.
Try the Lendersa® USDA loan calculator to weigh today's USDA against FHA rates. It helps identify the necessary income, credit requirements, reserves, and paperwork for qualification. With our advanced mortgage calculator, you can compare USDA, FHA, Conforming, and VA side by side to determine the optimal choice in for your financial situation.
2025 Loan Limits and Down Payment Criteria in Chaffee, Scott, MO
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loans in Chaffee, MO
The mission of Lendersa® is to quickly secure the ideal USDA or FHA loan for you without complications. Start with one of three pathways that guide you to appropriate lenders and USDA loan programs.
A USDA loan is a mortgage backed by the U.S. Department of Agriculture. Known as a USDA rural development loan, or USDA mortgage, it is only available in designated rural areas. Unlike FHA loans with at least 3.5% down, USDA mortgages require no down payment.
C-Plant Federal Credit Union is a not-for-profit financial cooperative dedicated to meeting the financial needs of its members. For over 70 years, we have striven to help the hard-working residents of Western Kentucky make the most of their money through friendly service and innovative financial products.
From its beginning in 1901, First National Bank in Pinckneyville has grown to be one of the largest financial institutions in Perry County. We are a privately-owned, locally-operated bank with assets of more than $100 million. At FNB, we take great pride in giving back to the community by supporting myriad groups.
Murphy-Wall State Bank is here to provide quality bank services to our service area, & to provide a fair return to our shareholders. We will be responsible citizens & will participate in community activities, both by making contributions to worthwhile causes and by contributing our time as individuals. Our customers are our most important assets.
Southeast Missouri Community Credit Union is a not-for-profit financial cooperative dedicated to serving our member owners by putting their needs first.
Personalized member service
Innovative products & services
Knowledgeable, skilled & empowered employees
Financial strength & stability
Leadco Community Credit Union operates for the purpose of promoting thrift among its members, providing a source of funds where loans may be secured at a guaranteed low rate of interest, and assisting members in the management of their financial affairs. Credit Union operates for the purpose of promoting thrift among its members,
Your Hometown Federal Credit Union has been open since 1965. The credit union has assets totaling $27.24 Million and provides banking services to more than 2,000 members.
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
First Kentucky Bank was founded in Mayfield, Kentucky, on March 6, 1899, as The Exchange Bank. First Kentucky Bank was established with a foundation of community-minded service and professional excellence that has allowed it to grow throughout its rich history, in times of both prosperity and adversity.
River Valley AgCredit is part of the nationwide Farm Credit System, providing financing for agriculture and rural living since 1916. We serve Western Kentucky as well as 12 counties in Tennessee with a total of 14 Service Centers conveniently located to serve you. We have more than $475 million in loans outstanding to more than 5, 000 members
Bloomsdale Bank Since opening our doors in 1914, Bloomsdale Bank has held the values of community, integrity, and sticking to what we know and doing it well. As one of the oldest community banks in Ste. Genevieve County, we understand the importance of treating our neighbors like family, making wise financial decisions.
Founded September 7, 1963 as Kennett National Bank, Kennett Trust Bank is one of the oldest independently-owned and managed banks in the area, with 7,000 customers and over $110 million in assets. We actively support the community, donating funds and employee volunteer hours to many educational, hometown and family-related causes.
We are your hometown, community bank, & to us people matter. Our deposits are invested locally to promote economic growth and meet the borrowing needs of our customers. When you choose to bank with us, your business is managed locally, which means no out-of-town or out-of-state committee is necessary to evaluate your requests or fulfill your needs.
