USDA Vs. FHA your options comparison in Ridgeland, Madison County, MS
In 2025, the USDA loan cap in Ridgeland, part of Madison county, MS, is set at $336,500, while the FHA cap for a single-family dwelling is $472,030.
Make use of the Lendersa® USDA loan calculator to contrast today's top USDA versus FHA rates and ascertain the necessary income, credit score, reserves, and documentation for qualification. By employing our sophisticated mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side by side, helping you decide the most appropriate program in for your financial situation.
Loan Limits and Down Payment Needs for 2025 in Ridgeland, Madison County, MS
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Choices in Ridgeland, MS
Lendersa®'s mission is to secure you the most suitable USDA or FHA loan promptly and effortlessly. Select one of three initial steps to connect with compatible lenders and USDA loan options.
The USDA home loan is a government-backed mortgage by the Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, available only in rural areas. Unlike FHA loans, which mandate at least a 3.5% down payment, USDA mortgages do not require any down payment.
SC Home Loans is a local, family owned company with a mission to serve our community. We believe the rates and fees offered by banks and other financial institutions can be excessive. Our desire is to help you navigate the complexity of today's mortgages, because we understand the needs of South Carolina families.
As one of the oldest financial institutions in Christian County the First National Bank of Pana was chartered on June 26, 1930. Local businessmen built the Bank to fill a void in the local community created by the collapse of two prior financial institutions; Schuyler State Bank and National Bank of Pana during the great depression.
We were house flippers before lenders, we know what you do and why you do it! Reach out and see how we can work together for years to come! If you have questions, email me at [email protected]! Or call me at 512-659-6344!
Looking forward to a long lasting relationship!
Western Indiana Credit Union was established in 1932 by local farmers in hopes to help the community. Since then, we have continued to grow and have expanded our services. WICU is a not-for-profit, member-owned financial institution. WICU is governed by a board of directors which are comprised of members of our community.
The Mercantile Bank of Louisiana MO was established in 1880 with capital of $50,000 and occupied as its banking house the building on the northeast corner of Third and Georgia Streets, directly opposite the present bank. The original officers of The Mercantile Bank were Stuart Carkener, President; R. H. Goodman,
5948 Timber Ridge Drive, Suite 202, Prospect, KY, 40059
Parkside Mortgage is an independent mortgage company licensed in KY, IN, TN, and FL. Our efficient business model allows us to offer rates below the national average while providing above-average service. Specialized loan products are available that you won’t find at the typical big-box lender or bank.
CORE Credit Union was founded, in 1974, as Bulloch County School Employees Credit Union by eight residents of Bulloch County. The charter members originally founded the Credit Union to serve educators in Bulloch County. In 1980, the Credit Union expanded its field of membership to include the employees of Georgia Southern College.
Financing for all agricultural interests, farms, rural recreational tracts, timber tracts, home lots, conventional home mortgages, home lots, home construction and rural land not intended for non-agricultural commercial use or immediate resale. Loans for Land, Farms and Homes throughout South Carolina and Georgia.
