USDA Vs. FHA Pro and Con comparison in Hannibal, Marion County, MO

In 2025, the USDA loan limit for Hannibal located in Marion county, MO, is $336,500, whereas the FHA limit for a single-family home is $472,030.

Employ the Lendersa® USDA loan calculator to assess today's premium rates between USDA and FHA. This tool helps in ascertaining the income, credit, reserves, and documents required for qualification. Through our cutting-edge mortgage calculator, you can view side-by-side comparisons of USDA, FHA, Conforming, and VA loans, assisting in deciding the most appropriate program for your financial situation in .

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2025 loan limits and down payment requirements in Hannibal, Marion, MO

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Exploration of USDA and FHA loan options in Hannibal, MO

Lendersa® aspires to provide the finest USDA or FHA loans quickly and conveniently. Choose one of three starting actions leading to matched lenders and USDA loan schemes.

Lendersa USDA loan request and matching results

Understanding USDA Loans in MO

A USDA home loan is a government-backed mortgage offered by the Department of Agriculture, also known as a USDA rural development loan or mortgage. It's accessible exclusively in rural areas. In contrast, FHA loans, with a minimum requirement of a 3.5% down payment, the USDA loan requires none.

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



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