USDA and FHA Pro and Con in Fernley, Lyon County, NV
In the year 2025, the USDA loan cap established in Fernley, which is situated in Lyon county, NV, is $336,500. On the other hand, the FHA loan limit available for a single-family home is $472,030.
Take advantage of the Lendersa® USDA loan calculator to effectively compare the current leading USDA and FHA rates. Determine the income level, credit status, reserves, and documentation needed to qualify for these loans. Our enhanced mortgage calculator is designed to allow simultaneous viewing of USDA, FHA, Conforming, and VA programs, thereby enabling you to decide which plan is ideally suited to your specific financial requirements in the state of Alabama.
2025 Loan Limits and Downpayment Conditions in Fernley, Lyon, NV
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Choices for USDA and FHA Loans in Fernley, NV
Lendersa® strives to secure the best available USDA or FHA loans efficiently and with minimal hassle. Choose among three introductory pathways that facilitate matching lenders and appropriate USDA loan schemes.
The USDA home loan, which is assured by the government's Department of Agriculture and also known as the USDA rural development loan or USDA mortgage, is exclusively available in rural communities. This distinguishes it from FHA loans, which involve a 3.5% minimum down payment; the USDA mortgage demands no down payment at all, making it a highly accessible option for eligible rural homebuyers.
The primary mission of Bruning Bank is to assist clients to Build and Maintain Wealth. Our vision is to help customers Build, Grow, and Thrive by: Building relationships with customers based on integrity and mutual responsibility in order to help them achieve financial success. Contributing to our communities through philanthropy and service.
The credit union was chartered August 2, 1929 as The Hutchinson Federal Employees Credit Union. The credit union initially served those employed by the post office. In 2007, the board of directors voted to open the membership to anyone who lives or works in Reno County. We changed the credit union name to Hutchinson Postal & Community Credit Union.
The Dillon Employees Credit Union was founded in 1958 to provide financial services specifically for the employees of the Dillon Companies.The credit union offices were located at the Dillon's Main Office & Warehouse at 2700 East Fourth Street, Hutchinson, KS. In 2009, we expanded our field of membership to the public to better serve the community.
Heartland Credit Union was formed April 1, 1948. The Credit Union started life with 14 members and $315.00 in assets. The original place of business was in the home of Clyde and Lela Burk at 528 E. Sherman in Hutchinson. We've grown to many branches throughout Central Kansas, a far cry from our original home in a residence on E. Sherman Avenue.
We are a locally owned, full service bank based in Norfolk, Nebraska with locally managed branches across Nebraska and Iowa. We have been serving our communities for over 50 years. BankFirst is the local bank you can trust. With 12 locations spread across Nebraska and Iowa, we are invested in the communities we serve.
Northeast Nebraska Federal Credit Union is a “not for profit” financial institution where you’re an owner. So what does that mean exactly? Simply, profits are not given to stockholders, like a bank. Profits are reinvested into your credit union to lower loan rates, and increase dividends.
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Citizens Bank of Kansas is a state bank that specializes in hometown banking needs. CBK has maintained its commitment to helping build strong communities by offering traditional banking services including residential, commercial, and consumer loans, as well as a broad range of deposit accounts for retail and commercial customers.
