USDA and FHA Pro and Con in Richmond, Ray County, MO
In the year 2026, the limit for a USDA loan in Richmond, which is in Ray county, MO, is set at $345,000. Meanwhile, for a single-family home, the FHA limit is $472,030.
Utilize the Lendersa® USDA loan calculator to compare today's most favorable USDA and FHA rates. Determine the required income, credit score, reserves, and necessary documents to qualify. Our advanced mortgage calculator places USDA, FHA, Conforming, and VA options side by side, enabling you to select the most suitable program for your financial needs in .
Loan Limits and Down Payment Details for 2026 in Richmond, County of Ray, MO
Type of Loan
Maximum Loan Limit
Down Payment
USDA
$345,000
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Richmond, MO
Lendersa® is dedicated to securing you the ideal USDA or FHA loan promptly and with minimal hassle. Choose from three different starting points to identify matching lenders and find suitable USDA programs.
A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is backed by the U.S. Department of Agriculture and is available exclusively in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, USDA loans do not require any down payment, making them a unique option for eligible borrowers.
Community Bank of Missouri was founded in May 2001, in an effort to bring unparalleled banking excellence to the Richmond area. It began with two local businessmen, Gary Arnette and Gregg Steele, who identified the need for a financial institution based in the community. We are always upgrading the technology of our base products and services.
Home Savings & Loan Association of Carroll County is a federally chartered savings association that has been serving our community since 1919. We pride ourselves in offering friendly personalized service to our customers. We offer a variety of services including real estate loans, auto loans, certificates of deposit, IRA’s, checking accounts.
Pony Express Bank operates in two eras. Our banking accounts, products, and online services are cutting edge. But when it comes to customer service, we tend to be old-fashioned. We deal with our customers individually, treating people like people, not numbers. Our customers are our neighbors, after all.
Kearney Trust Company commit to consistently strive to uphold integrity, trust and exemplary service. We promise to engage in a continuous pursuit in the creation of an atmosphere in which the company can prosper and profit while serving the needs of the community and customers. Our first location was on the southwest corner of Washington.
We have been providing full service banking to individuals and businesses since 1879. We continue that tradition today with the best levels of customer service for all of your financial and lending needs. Goppert Financial Bank - serving you with locations in Lathrop, Lawson, Holt, Norborne, and Pleasant Hill, Missouri.
At 360 Mortgage Inc. we understand how important this is for each and every one of our clients. As a local broker in Liberty and Baton Rouge, we are able to offer the widest range of products and the lowest mortgage rates available. For over 11 years, 360 Mortgage Inc. has been making homeownership a reality for families
Mulberry Street Mortgage, a dedicated professional will thoroughly evaluate your financial needs to help you qualify for a low rate mortgage that works within your budget. Our goal is to get you the most favorable rate possible while working to answer your questions, and make the application process a simple and smooth transition
At Midwest Capital Mortgage, Inc. We are a full-service mortgage company based in Liberty, Missouri. We specialize in mortgages in Liberty, Kansas City, Overland Park, and Lenexa. We also serve the surrounding cities in Clay County, Platte County, Johnson County, and Jackson County.
Carroll County Trust Company of Carrollton, Missouri
2 South Folger, Carrollton, MO, 64633
Lends in Missouri
Carroll County Trust Company is a small town community bank established in 1919. When the Carroll County Trust Company was formed, the banks of Carrollton were family owned entities. The original Board of Directors and founders of the Carroll County Trust Company were comprised of local farmers and businessmen.
