For the year 2026, the USDA loan limit for Verona, located in Lee county of MS, stands at $336,500. On the other hand, the FHA cap is $472,030 for a single-family dwelling.
Utilize the Lendersa® USDA loan calculator to contrast the best USDA against FHA rates available today. Additionally, you can ascertain the income, credit standing, reserves, and documentation required for qualification. Our sophisticated mortgage tool displays USDA, FHA, Conforming, and VA loans side by side to assist in determining which program in is most suitable for your particular financial needs.
Loan limits and down payment necessities for 2026 in Verona, within Lee 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 Options in Verona, MS
Lendersa® aims to facilitate you in obtaining the most advantageous USDA or FHA loans quickly and with minimal hassle. You can select among three initial approaches that lead you to matched lenders offering USDA loan packages.
A USDA home loan is a government-backed loan issued by the Department of Agriculture, also called USDA rural development loan or USDA mortgage, intended solely for rural neighborhoods. Unlike FHA loans, which mandate a minimum down payment of 3.5%, the USDA mortgage requires zero down payment.
Gum Tree Mortgage assists clients from all credit grades and secures mortgage loans in the states of Mississippi and Montana. We pride ourself on having unique products to fit the various needs of our clients. Contact Gum Tree Mortgage at 877-356-6528 to find out more about the products and services we can provide
Our vision is to be the financial services advisor and provider of choice in each community we serve. Our Mission is to To provide quality financial services and advice by: Understanding, then meeting the needs of our customers, Creating security and opportunity for our employees, Being good citizens in our communities.
The Bank of Okolona is a hometown bank that has been serving Chickasaw County and the surrounding area for over 75 years. Whether it is a personal deposit account or a business loan that brings you to the Bank of Okolona, we can help. We hope this website and its contents will be helpful with your banking from home or the office.
For over 70 years, Farmers & Merchants Bank has been serving the communities of Northeast Mississippi. What started as the dream of a local group of businessmen in 1941 is truly a success story in the banking industry today.
Home owned and operated since 1941, Farmers & Merchants Bank prospers through a dedicated community.
Bank of New Albany, BNA Bank is a state-chartered bank that has grown from a single location in downtown New Albany to 8 total locations. BNA Bank is one of the few ‘A’ rated banks by Weiss Bank Rating Services and was inducted into the Seifried and Brew Top 15th percentile of community banks.
AMPOT Federal Credit Union was founded as a credit union for American Potash employees and their immediate families, June 30, 1969. We have served these families since that time and we have remained a strong, secure credit union throughout the years. Since our beginning, American Potash has changed names to Kerr McGee Chemical and now it is Tronox.
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,
