USDA Vs. FHA your options comparison in Lockwood, Yellowstone County, MT
In the year 2026, the USDA loan limit in Lockwood, found in the county of Yellowstone, MT, is set at $336,500. Meanwhile, for a single-family home, the FHA sets its limit at $472,030.
Utilize the Lendersa® USDA loan calculator to assess and contrast current top USDA versus FHA rates. Determine required income, credit score, financial reserves, and documents needed for qualification. Our sophisticated mortgage calculator provides a side-by-side view of USDA, FHA, Conforming, and VA loans, aiding your decision on the best program for your financial position in Alabama.
2026 Loan Limits and Downpayment Requirements in Lockwood, Yellowstone, MT
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Lockwood, MT
The goal of Lendersa® is to help you quickly and easily obtain the best USDA or FHA loan. Begin with one of three approaches that link you to suitable lenders and USDA loan programs.
The USDA loan, guaranteed by the U.S. Department of Agriculture (also known as a USDA rural development loan or USDA mortgage), is available only in rural areas. This financing option stands apart from FHA loans, since the USDA loan requires no down payment, while FHA loans necessitate a minimum down payment of 3.5%.
MHFCU is a compassionate, member-oriented $75 million financial cooperative that provides opportunities for financial health and wealth building to members of the Montana Healthcare community and their families through competitively priced financial services delivered by friendly, reliable, fun service providers using the most advanced technology.
Stockman Bank is a Montana born company built on western values, focused on creating long-standing relationships through integrity, expertise and results. We are the largest private, family owned bank in Montana. Founded 1953, in Miles City by William Nefsy, we are Montana's premier financial center for personal, business, agriculture,
Yellowstone Bank is pleased to bring a full array of highly competitive products and services to the communities we serve. Drawing on more than 100 years of banking experience, Yellowstone Bank has achieved a strong and growing presence in the financial services marketplace.
Yellowstone Bank was founded by B. M. Harris in 1907
Western Security Bank is a full service, community focused organization serving those who live and work in Yellowstone County, Montana. With conveniently located branches from Laurel to Lockwood, we offer more locations than any other financial institution serving the Billings area.
Western Security Bank, A Division of Glacier Bank,
"We are 'Your Home Town Mortgage Store' We shop America's Top Lender for the best real estate home loan, suited to your needs. No extra cost to you! Great Rates! More loan options for you! Lenders with NO Banking ‘overlays’. NO ‘Extra’ loan restrictions. Helping home buyers and owners for over 20 years!"
Valley Credit Union has proudly served citizens within the Big Sky Country, which now includes 11 counties across Montana and Wyoming. From the beginning, we were founded on the promise to provide accommodating, personalized service, as well as top-notch financial services to our members. Those founding principles are the same driving force
Our mortgage company in Billings, MT brings over 60 years of experience and knowledge to every situation. We can work with your current finances and find the right product for your needs. With our help, you can live in the home of your dreams sooner than you ever thought possible.
Division Mortgage Group specializes in every type of purchase and refinance mortgage including: FHA, VA, Conventional, Rural Housing, etc. Whether purchasing your dream home, refinancing an outstanding loan, or consolidating debt, our highly experienced mortgage professionals are committed to providing our customers
We offer our employees unlimited opportunities for career development, growth and the ability to contribute to the vitality of your community. Our clients choose to bank with us because of our robust product offerings, high-touch service, and commitment and impact in our communities.
