As of 2025, the USDA loan limit in Spruce-Pine situated in Mitchell, NC, is $285,000. For a single-family home, the FHA limit is $356,362.
The Lendersa® USDA loan calculator allows you to compare today's top USDA versus FHA rates and evaluate the necessary income, creditworthiness, reserves, and documentation needed to qualify. Our advanced mortgage calculator lets you view USDA, FHA, Conforming, and VA loans side by side to help you choose the best program for your financial needs in
Explore loan offers from 100 lenders
| Loan Type | Loan Limit | Downpayment |
| USDA | $285,000 | 0% |
| FHA | $356,362 | 3.5% |
| Conventional Conforming | $548,250 | 3% |
Lendersa® aims to swiftly provide you with the best possible USDA or FHA loan without hassle. Choose one of three starting points to connect with lenders and explore USDA loan programs.
A USDA home loan, also known as a USDA mortgage or rural development loan, is guaranteed by the government through the Department of Agriculture, available exclusively in rural areas. Unlike FHA loans which require a 3.5% minimum down payment, USDA loans require none.
Enter your location to find out if it qualifies for USDA rural housing loan?
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