USDA Loan Vs. FHA loan for Spruce-Pine, NC [ best of 2023]

In 2025, USDA loan limit in Spruce-Pine, county of Mitchell, NC is $285,000 while FHA limit is $356,362 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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USDA and FHA loan options in Spruce-Pine, NC

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

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What is USDA Loan in North Carolina?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

(844) 448-8884 664 miles Lender's profile and map Reviews REI Capital & Development 5660 Strand Court, Naples, FL, 34110 "We are actively taking in and closing Investment loans during the Corona Virus Crises in spite of many Lenders stepping back and withdrawing funding till the market corrects. REI is working closely with Investors who have in house funds and have not been affected by the shutdown."
(413) 744-3431 664 miles Lender's profile and map Reviews MassMutual Federal Credit Union 1295 State Street, Springfield, MA, 01111 MMFCU is a financial cooperative founded in 1962. Our membership is open to all employees of MassMutual, financial professionals, and their family members. We provide valued products and services to improve members' financial well-being and also MassMutual. We have over 300 years of collective financial and credit union experience among our employe
(888) 301-9210 664 miles Lender's profile and map Reviews Polaris Home Loans, LLC One Monarch Place, 22nd Floor, Suite 2200, Springfield, MA, 01144 Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
(413) 250-6068 664 miles Lender's profile and map Reviews TMD Capital 1500 Main St, Springfield, MA, 01103 We provide financing to real estate investors. We work in many different asset classes including - 1-4 Family Residential, Multi Family, Commercial properties. We pride ourselves being steadfast in our pursuit to meet our clients needs, and are committed to upholding our three core principles. Service, Pricing, Continuous Improvement.
(413) 739-6961 664 miles Lender's profile and map Reviews Freedom Credit Union 1976 Main Street, Springfield, MA, 01103 Freedom’s story began in 1922 when it was originally chartered as the Western Massachusetts Telephone Workers Credit Union. From a small office in the telephone company building on Worthington Street in Springfield, Massachusetts, the credit union grew until we found a new home on Main Street in Springfield.
(920) 729-2999 665 miles Lender's profile and map Reviews Evergreen Credit Union 1500 W American Drive, Neenah, WI, 54956 Evergreen Credit Union was originally started by the employees of Wisconsin Tissue Mills in 1958 to help their fellow employees with financial needs that were not being met by the local banks. In 1984, we outgrew the space available in the plant and built the first branch across the street.
(920) 722-2122 665 miles Lender's profile and map Reviews Badger Globe Credit Union 260 N Green Bay Road, Neenah, WI, 54956 Badger Globe Credit Union is a not-for-profit financial cooperative that was formed in Kimberly-Clark’s first paper manufacturing facility, Badger-Globe Mill, in Neenah, WI. In 1947, employees of the Badger-Globe Mill were receiving financial services at a local credit union that was off-site. Since this location was somewhat inconvenient.
6129788100 666 miles Lender's profile and map Reviews CN Property Funding 5500 N Military Trail, Boca Raton, FL, 33496 Hard money private lending and wholesale mortgage 100% stated income. No DSCR ratio, no tax returns, no NOI. Post programs only 10% down payment is required. Lending in all 50 states. All types of commercial properties accepted including office spaces, retail and restaurants. Multi-family investment properties and mixed use properties as well.
(561) 571-2552 666 miles Lender's profile and map Reviews Ferrari Lending 8316 Via Di Veneto, Boca Raton, FL, 33496 We are mortgage brokers and experts in locating the best mortgage for your individual circumstances. We have extensive experience in the Jumbo, Super Jumbo, conforming mortgage, foreign national loans and particularly specialized in niche products. We can help you secure a residential mortgage loan, even if you have bad credit history
(561) 544-6000 666 miles Lender's profile and map Reviews Platinum Mortgage Companies 5030 Champion Blvd. Suite G11, Boca Raton, FL, 33496 Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
(319) 395-7060 666 miles Lender's profile and map Reviews Quaker Oats Credit Union 3535 Center Point Road NE, Cedar Rapids, IA, 52402 Quaker Oats Credit Union is a full-service financial institution for the employees, retirees, and family members of the Quaker Oats Company, Tree House Foods, PMX Industries, Circle Computer Resources, CCB Packaging, and Trapeze Group. Quaker Oats Credit Union is a member-owned financial institution dedicated to serving its members.