USDA and FHA Pro and Con in New-Hope, Lowndes County, MS

In 2025, the USDA loan limit for New-Hope, in the county of Lowndes, MS, is $285,000, whereas the limit for FHA on a single-family home is $356,362.

Using the Lendersa® USDA loan calculator, you can compare today’s optimal USDA and FHA rates. Determine the income, credit, reserves, and documents required for qualification. With our advanced mortgage calculator, view USDA, FHA, Conforming, and VA loans side by side to decide which is the best option for your financial situation in .

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2025 Loan Limits and Down Payment Requirements in New-Hope, Lowndes, MS

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

USDA and FHA Loan Options in New-Hope, MS

The Lendersa® mission is to promptly secure the best USDA or FHA loan for you without hassle. Select one of three starting options to connect with matching lenders and discover USDA loan programs.

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Understanding USDA Loans in MS

The USDA home loan, backed by the Department of Agriculture and known as a USDA rural development loan or mortgage, is available in rural neighborhoods. In contrast to FHA loans, which require a minimum 3.5% down payment, USDA loans require no down payment.

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



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