USDA and FHA Pro and Con in Grenada, Grenada County, MS
For 2026, the USDA loan limit in Grenada, situated within Grenada county, MS, is $336,500. In comparison, the FHA limit for a single-family residence is $472,030.
With Lendersa® USDA loan calculator, you can compare today’s best USDA and FHA rates, evaluating required income, credit, reserves, and documentation for qualification. Our advanced mortgage calculator lets you view USDA, FHA, Conforming, and VA options side by side, aiding your decision in picking the most suitable program in for your financial needs.
2026 Loan Limits and Down Payment Requirements in Grenada, Grenada County, 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 Choices in Grenada, MS
The objective of Lendersa® is to efficiently secure the best USDA or FHA loan for you without hassle. You can select from one of three starting points that connect you with matching lenders and USDA loan programs.
A USDA home loan is backed by the Department of Agriculture, also referred to as a USDA rural development loan or mortgage, and is available only in rural neighborhoods. Unlike FHA loans requiring a minimum down payment of 3.5%, USDA mortgages require no down payment.
We were founded in 1885 and are the oldest financial institution serving Montgomery and Carroll County. The bank has been locally owned and operated since its founding. Bank of Winona provides a wide array of services to both businesses and individuals. Full Service Bank. Auto, Mortgage, Personal & Business Loans and Services.
Since 1904 Bank of Kilmichael has been committed to community banking and to our local towns and cities. If there’s one thing we've learned over these past 100-plus years of serving our customers, it’s that friendly goes a long way. A long way toward keeping our customers loyal year after year, generation after generation.
We are ONE with the people we serve. For more than a half century, your cares have been our concerns. Your needs, our priorities. At First Security Bank, our growth remains rooted in being the ONE bank that can relate to everyone, with products and services that are number ONE. See what we can do together, as ONE.
FNB Oxford Bank has over 65 employees who are a crucial part of this community. Not only do they contribute to the economic well-being of Lafayette County by providing loans and other banking services, they also contribute to the quality of life in Oxford and Lafayette County through civic and charitable activities.
Mechanics Mortgage opened in December of 1996 to provide our community with specialized service in permanent residential financing. Our primary service areas are Oxford, Water Valley and the surrounding communities. We provide counseling and pre-qualification to those interested in purchasing or building a new home,
Planters Bank & Trust began serving customers in the small community of Ruleville, Mississippi. Throughout our growth, Planters Bank has remained rooted in its mission to dedicate resources to the betterment of our customers and to the communities we live and work.Currently headquartered in Indianola.
Guaranty Bank offers a full range of personal and business services. We offer various types of checking and savings accounts as well as loans and investment services. We pledge to offer the most up-to-date banking services and products with the personal attention you deserve. Guaranty Bank's mission is to set the standard in our communities.
CSB opened its doors for business and became a thread of that historical fabric. Now, the CSB has celebrated a notable milestone, “a century of service!” Over the past 100 years, we have built on the foundation laid by the generations who went before us & we are excited & pleased at how those efforts came together.
At Statewide Federal Credit Union, we provide homegrown banking for the people of Mississippi. Helping hard-working folks get the personalized banking tools and financing solutions they need to reach their goals. We’ve been planting roots and building trust in Mississippi for generations.
