USDA and FHA Pro and Con in Smithville, Clay County, MO
For the year 2025, the USDA loan limit for Smithville, which is in Clay County, MO, is set at $345,000. In contrast, the FHA loan limit for a single-family home is $472,030.
Take advantage of the Lendersa® USDA loan calculator to compare today's optimal USDA against FHA rates and determine the necessary income, credit score, reserves, and documents required for approval. Our advanced mortgage calculator provides a side-by-side comparison of USDA, FHA, Conforming, and VA products to help you choose the most suitable program for your financial needs in .
Loan Limits and Downpayment Requirements for 2025 in Smithville, Clay County, MO
Loan Type
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 Smithville, MO
The objective of Lendersa® is to seamlessly connect you with the most favorable USDA or FHA loan swiftly and without complication. Choose one of three avenues to find matching lenders and explore USDA loan plans suitable for you.
The USDA home loan, backed by the U.S. Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is exclusively available for rural areas. Unlike FHA loans, which typically require at least a 3.5% down payment, USDA loans offer the advantage of requiring no down payment at all.
First State Bank is a Michigan Based Community Bank serving southeastern Michigan and is a full-service bank with 11 branches, Loan Centers in Clinton Township and Farmington Hills and headquarters in St. Clair Shores. First State Bank offers consumer and business checking and savings accounts, mortgages, home equity loans, credit cards.
Our solid foundation was established in the 1920s on the strength and stability of the local community of Crowley, Louisiana. Since our inception, we have grown to hold over $537, 000, 000 in assets, ensuring personal service as the cornerstone of all we do. Although we still call the original Crowley Skyscraper home.
The Credit Union was chartered in 1951 under the provisions of the Federal Credit Union Act, Public Law 467, 73d Congress 1st Session, entitled, “ An Act to establish a Federal Credit Union System, to establish further market for securities of the United States and to make available to people of small means credit for provident purposes.
Prime Security Bank has provided its customers with high quality service since 1925. Since our inception, business and personal customers have appreciated the differences we offer that are not commonly available from the large banks. We know our customers as friends and neighbors. We work for you and make decisions at a local level.
27735 Jefferson Ave, Saint Clair Shores, MI, 48081
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan by utilizing the 23 years of experience.
TruCommunity Bank is the new, shared name of three banks in McLean County, North Dakota — Farmers Security Bank, Garrison State Bank & Trust, and Bank of Turtle Lake. TruCommunity Bank has roots going back to 1919. We’re stronger and more efficient together, and ready for the future too. It’s Community banking at its best.
Our credit union was originally chartered in December 1933 as the Houston Railway Postal Clerks Credit Union. Following the tradition of “one member, one vote” our credit union has undergone frequent name changes reflecting our continual growth in our scope of membership As USECU, or United States Employees’ Credit Union, our credit union.
Woodforest National Bank® has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest National Bank offers both consumer and business products and services at more than 740 branches in 17 states across the United States.
Dakota Western Bank, established in 1910, is an independent, locally-owned bank that is headquartered and operated in southwest North Dakota. DWB is the local financial services leader that partners with our customers, employees and communities to achieve economic success and DWB employees provide a positive banking experience for our valued custom
Wall Street Lending (NMLS # 175675) was formed in 2008 as a Michigan based mortgage broker offering an array of products to solve our client’s mortgage problems.
As an organization employed with individuals having over 50 years of combined mortgage experience, mortgage scenarios of all sorts are financed daily.
