USDA Vs. FHA Pro and Con comparison in Portageville, New Madrid County, MO

In the year 2025, the USDA loan limit set for Portageville, located within New Madrid in MO, is $336,500. Meanwhile, the FHA loan limit for a single-family home is established at $472,030.

You can use the Lendersa® USDA loan calculator to compare today's top rates between USDA and FHA loans. It also helps outline the necessary income, credit, reserves, and documentation required for qualification. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side by side, helping you determine the most suitable program for your financial needs in .

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Loan Limits and Down Payment Requirements for 2025 in Portageville, New Madrid, MO

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

Available USDA and FHA Loan Choices in Portageville, MO

The aim of Lendersa® is to swiftly secure you the best USDA or FHA loans with minimal hassle. You can begin with one of three strategic approaches designed to match you with lenders and USDA loan programs effectively.

Overview of Lendersa USDA loan request and matching results

Understanding USDA Loans in MO

The USDA home loan, often referred to as a USDA rural development loan or USDA mortgage, is guaranteed by the U.S. Department of Agriculture and is exclusively available in rural communities. It stands out from FHA loans, which require a minimum down payment of 3.5%, since USDA mortgages offer the opportunity for no down payment.

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



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