USDA Vs. FHA your options comparison in Mooresville, Iredell County, NC

Within 2025, in Mooresville, part of Iredell county, NC, the USDA loan limit is set at $336,500, while for a single-family home, the FHA limit is $472,030.

Explore Lendersa®'s USDA loan calculator to compare today's top USDA and FHA rates, determining the required income, credit score, reserves, and documents to qualify. Our sophisticated mortgage calculator puts USDA, FHA, Conforming, and VA loans side by side for an easier decision on the appropriate program for your financial context in Alabama.

Examine loan offers from 100 lenders

Loan Limits and Downpayment Requirements for 2025 in Mooresville, Iredell, NC

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 Mooresville, NC

Lendersa® is dedicated to providing you with the most suitable USDA or FHA loan quickly and without hassle. Choose one of three starting paths to find matching lenders alongside USDA loan programs.

Results of Lendersa's USDA loan request and matching process

Understanding USDA Loans in NC

A USDA home loan, supported by the Department of Agriculture, also known as a USDA rural development loan or mortgage, is offered exclusively in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, USDA loans do not demand any down payment at all.

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



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