USDA Vs. FHA Pro and Con comparison in Carthage, Leake County, MS

In 2025, the USDA loan limit for Carthage in Leake county, MS, is $336,500, whereas for a single-family home, the FHA limit is $472,030.

Take advantage of Lendersa®'s USDA loan calculator to compare the top USDA and FHA rates of today. This tool helps you identify necessary income, credit requirements, reserves, and documents for qualification. With our advanced mortgage calculator, view USDA, FHA, Conforming, and VA options side by side to determine the most suitable program for your financial needs in .

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2025 Loan Limits and Down Payment Requirements in Carthage, Leake, MS

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

USDA and FHA Loan Options in Carthage, MS

The objective of Lendersa® is to facilitate the rapid acquisition of the best USDA or FHA loan, free from hassle. Choose from three initial options that connect you with suitable lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in MS

A USDA home loan is government-backed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, predominantly available in rural areas. Unlike FHA loans, requiring at least a 3.5% down payment, USDA loans require none.

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



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