USDA Loan Vs. FHA loan pro & con Baldwyn, Lee County, MS

As of 2026, the USDA loan cap in Baldwyn, within the county of Lee, MS, is set at $336,500. At the same time, the cap for FHA loans in the same category is $472,030, applicable to single-family residences.

Utilize the Lendersa® USDA loan calculator for a comprehensive comparison of the most competitive USDA and FHA rates available today. It also helps identify the necessary income, credit score, reserves, and documentation needed for eligibility. Our sophisticated mortgage calculator lets you view USDA, FHA, Conforming, and VA options side by side. This aids in determining the most suitable program in tailored to your unique financial scenario.

Options for USDA and FHA loans in Baldwyn, MS

At Lendersa®, we strive to connect you with the top USDA or FHA loans with speed and minimal hassle. Choose from one of three initial steps to get matched with lenders offering USDA loan programs.

Lendersa USDA loan request and matching outcomes

Understanding USDA Loans in MS

A USDA home loan, which is backed by the Department of Agriculture, is commonly referred to as a USDA rural development loan or USDA mortgage. Available only in designated rural areas, unlike FHA loans requiring a 3.5% minimum down payment, USDA loans necessitate no down payment at all.

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Baldwyn Lenders
(662) 365-1200 Lender's profile and map FARMERS & MERCHANTS BANK MS 111 West Clayton St, Baldwyn, MS, 38824 Lends in Mississippi For over 70 years, Farmers & Merchants Bank has been serving the communities of Northeast Mississippi. What started as the dream of a local group of businessmen in 1941 is truly a success story in the banking industry today. Home owned and operated since 1941, Farmers & Merchants Bank prospers through a dedicated community.
(877) 367-5371 Lender's profile and map Renasant Bank 209 Troy Street, Tupelo, MS, 38804 Lends in Mississippi Our vision is to be the financial services advisor and provider of choice in each community we serve. Our Mission is to To provide quality financial services and advice by: Understanding, then meeting the needs of our customers, Creating security and opportunity for our employees, Being good citizens in our communities.
(662) 534-8171 Lender's profile and map BNA Bank 133 E Bankhead St, New Albany, MS, 38652 Lends in Mississippi Bank of New Albany, BNA Bank is a state-chartered bank that has grown from a single location in downtown New Albany to 8 total locations. BNA Bank is one of the few ‘A’ rated banks by Weiss Bank Rating Services and was inducted into the Seifried and Brew Top 15th percentile of community banks.
(662) 844-4833 Lender's profile and map Gum Tree Mortgage 218 S Thomas St, Suite 105, Tupelo, MS, 38801 Lends in Mississippi Gum Tree Mortgage assists clients from all credit grades and secures mortgage loans in the states of Mississippi and Montana. We pride ourself on having unique products to fit the various needs of our clients. Contact Gum Tree Mortgage at 877-356-6528 to find out more about the products and services we can provide
(662) 286-5577 Lender's profile and map Commerce Bank MS 700 Taylor Street, Corinth, MS, 38834 Lends in Mississippi Commerce Bank is a community bank providing friendly and personal service. We are an equal opportunity employer with 26 full-time employees, a convenient main office and more than $155 million in total assets as of December 31, 2021. Commerce Bank is the only locally owned and managed bank in Corinth, Mississippi and has more than 50 stockholders.
(662) 447-5403 Lender's profile and map Bank of Okolona 227 West Main Street, Okolona, MS, 38860 Lends in Mississippi The Bank of Okolona is a hometown bank that has been serving Chickasaw County and the surrounding area for over 75 years. Whether it is a personal deposit account or a business loan that brings you to the Bank of Okolona, we can help. We hope this website and its contents will be helpful with your banking from home or the office.