USDA VS FHA in Bay-St.-Louis, Hancock County, MS

In 2025, the USDA loan limit for Bay-St.-Louis, in Hancock county, MS, is $285,000, whereas the FHA limit for a single-family home is $356,362.

Make use of the Lendersa® USDA loan calculator to compare today's best USDA versus FHA rates, determining the needed income, credit, reserves, and documentation to qualify. With our advanced mortgage calculator, you can evaluate USDA, FHA, Conforming, and VA loans side by side, assisting in selecting the ideal program in for your financial needs.

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Loan Limits and Down Payment Requisites for 2025 in Bay-St.-Louis, Hancock County, MS

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Exploring USDA and FHA Loan Options in Bay-St.-Louis, MS

Lendersa® is dedicated to securing you the best USDA or FHA loan swiftly and effortlessly. Choose from three starting points to connect with matching lenders and explore USDA loan programs.

Lendersa USDA loan application and matching results

Understanding USDA Loans in MS

A USDA home loan is guaranteed by the U.S. Department of Agriculture, and is also referred to as a USDA rural development loan or mortgage. Available only in rural areas, unlike FHA loans which require a minimum down payment of 3.5%, USDA loans mandate no down payment.

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



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