USDA Vs. FHA Pro and Con comparison in Spring-Creek, Elko County, NV

For the year 2025, the USDA loan limit in Spring-Creek, part of Elko county in NV, is $285,000, whereas the FHA limit for a single-family home is $356,362.

Utilize the Lendersa® USDA loan calculator to evaluate today's best rates comparing USDA and FHA. Determine the income, credit, reserves, and documentation needed to qualify for a loan. Our advanced mortgage calculator gives you a side-by-side view of USDA, FHA, Conforming, and VA options, enabling an informed decision about which program in suits your personal financial situation best.

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2025 Loan Limits and Downpayment Requirements in Spring-Creek, Elko County, NV

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Examining USDA and FHA Loan Options in Spring-Creek, NV

Lendersa® aims to swiftly secure the most appropriate USDA or FHA loan without hassle. Initiate with one of three pathways that pair you with compatible lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NV

A USDA home loan, backed by the government Department of Agriculture, often known as a USDA rural development loan or USDA mortgage, is exclusively available in rural locales. Unlike FHA loans requiring at least a 3.5% down payment, the USDA mortgage necessitates no down payment.

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



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