USDA Vs. FHA Pro and Con comparison in Elkin, Surry County, NC
For 2025, the USDA loan limit in Elkin, situated in the county of Surry, NC, is $336,500. In contrast, the FHA loan limit for a single-family home stands at $472,030.
Use the Lendersa® USDA loan calculator to assess the current optimal rates between USDA and FHA loans. Determine the necessary income, credit, reserves, and documents needed to qualify. Our sophisticated mortgage calculator allows you to review USDA, FHA, Conforming, and VA loans side by side, helping you choose the best option for your financial situation in .
Understanding Loan Limits and Down Payment Requirements for 2025 in Elkin, Surry County, NC
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Explore USDA and FHA Loan Options in Elkin, NC
Lendersa® is committed to securing the finest USDA or FHA loan quickly and without complications. Start by choosing one of three options that connect you with matching lenders and USDA loan programs.
A USDA home loan, also known as a USDA rural development loan or mortgage, is guaranteed by the Department of Agriculture and is solely available in rural areas. Differing from FHA loans that require a minimum 3.5% down payment, a USDA mortgage does not require any down payment, making it more accessible to eligible buyers in rural communities.
1st Legacy Capital was founded by Ken Freshwater & Andy Shurden in 2016. After nearly 40 years of combined mortgage experience, Ken & Andy formed 1st Legacy Capital LLC to provide consumers in Mississippi the premier resource for Mississippi Reverse Mortgage Loans. 1st Legacy is located in Starkville Mississippi & serves consumers state wide.
1615 Northern Blvd, Suite 404, Manhasset, NY, 11030
We are a full service mortgage company located in Manhasset, NY. We specialize in Home mortgages in New York, New Jersey Conneticut and Florida. We can help you realize your dream of home ownership, or help you save money by obtaining a new lower monthly payment.Established in 1996.
Hanover Bank provides a fresh and highly personalized approach to banking. We work harder and smarter to help you reach your goals because we know that your success and prosperity helps us build ours. YOU, our clients, are the reason for all we do. Our “fresh” approach results in products and services as individualized as our clients’ needs.
Patriot One Mortgage Bankers, LLC has been New York’s top choice for customized lending solutions since its establishment in 2006. Founded by Susan Khani, a mortgage industry professional for over 35 years, Patriot One services home buyers and homeowners in Long Island, Queens, Brooklyn, the Bronx, Staten Island, Manhattan, Westchester, and Rocklan
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Its founders envisioned a mortgage company where borrowers not only received the best deal for their individual needs, but were educated and informed about the real estate process."
Welcome to Houlihan & O’Malley Commercial Real Estate Services. Backed by the experience of a family that’s been in the real estate business since 1891, the commercial services division of Houlihan & O’Malley specializes in commercial brokerage, private mortgages, commercial appraisals and advisory services.
Joe Houlihan started his Real Estate career in 1984 as an appraiser, running Houlihan & O’Malley’s ‘Residential’ appraisal division. He interacted with Realtors on a regular basis and felt a natural attraction to real estate sales. In 1998, Joe founded the Residential Sales Group at Houlihan & O’Malley with the dream of creating a boutique real est
### Welcome to Adroc Capital
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ADROC Capital, specializes in HUD-insured and bridge-to-HUD financing for multifamily and healthcare nationwide. We execute FHA programs for new construction, rehab, and affordable housing, while offering bridge loans to ensure a smooth path to HUD debt. With 70+ loans totaling
Flushing Bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices located in Queens, Brooklyn, Manhattan, Nassau County and Suffolk County.
