USDA Vs. FHA your options comparison in Forest, Scott County, MS
In 2026, the USDA loan limit in Forest, located in Scott county, MS, is capped at $336,500, whereas the FHA loan limit for a single-family home stands at $472,030.
Leverage the Lendersa® USDA loan calculator to evaluate today’s top USDA and FHA rates. It helps you determine necessary income, credit, reserves, and documentation for qualification. Our powerful mortgage calculator offers a comparison of USDA, FHA, Conforming, and VA loans, making it easier to choose the most suitable program for your financial needs in .
2026 Loan Limits and Down Payment Requirements in Forest, Scott, MS
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Choices for USDA and FHA Loans in Forest, MS
At Lendersa®, our aim is to secure you the best USDA or FHA loan quickly and smoothly. You can start with one of the three options provided, all leading to matched lenders and USDA loan packages.
The USDA home loan, backed by the Department of Agriculture and known as the USDA rural development loan or USDA mortgage, is restricted to rural areas. Unlike FHA loans, which mandate a minimum down payment of 3.5%, USDA loans require no down payment at all.
Visionary men, from families who would earn state and national recognition, including Hiram Eastland, Sr, and Major R. W. Millsaps, were the original founders of Bank of Forest. The bank was granted a corporate charter by the State of Mississippi on March 1, 1900 and opened its doors for business in February of 1901,
Here at Community Partners FCU, we are dedicated to you and all your financial needs.
We've been around since 1971and with over 500 members and assets over $5 million, we strive to assist our members in receiving the best interest rates, loans, and member benefits.
One of the South’s fastest-growing financial institutions did not originate in a large, metropolitan area or grow with the usual Bank business plan. Community Bank started more than 115 years ago in a small timber community in east central Mississippi and has grown by employing a unique approach to one of America’s most routine industries.
The Choctaw Federal Credit Union is a nonprofit, cooperative financial institution owned and run by its members. Organized to serve, democratically controlled credit unions provide their members with a safe place to save and borrow at reasonable rates. Members pool their funds to make loans to one-another.
The Citizens Bank of Philadelphia has locations throughout Mississippi, from Starkville to the Gulf Coast. With an emphasis on community banking and banking on the communities we serve, we hope to grow dreams and improve the areas within our footprint. With over a century of service, The Citizens Bank stands on a past of strength and stability
Magnolia State Bank offers its customers full-service banking delivered through a variety of methods and by offering many accounts and services options. For branch, drive thru and ATM locations and times of service, see the Locations tab. We invite you to explore this website for detailed information concerning our many products and services.
RiverHills Bank has been the financial institution of choice for many individuals, businesses and organizations throughout Mississippi since 1890. Our customers value the personal service we provide and are secure in the knowledge they are working with a locally owned bank that shares their sense of community.
AMS Mortgage, a Mississippi Licensed Mortgage Company, is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple.
Mortgage Broker with options for developers, builders, and investors in residential and commercial properties nationwide. Whether the intention is to fix and flip a single-family home, renovate an apartment building, or obtain raw land and develop through the horizontal phase, certain to find a solution if there is one to be found.
