In 2025, the USDA loan limit in Covington, within Miami, OH, is $336,500. In contrast, the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to compare top USDA and FHA rates today, evaluating the income, credit, reserves, and documents needed to qualify. Our advanced mortgage calculator lets you view USDA, FHA, Conforming, and VA side by side, aiding in choosing the ideal program in for your financial scenario.
2025 Loan Limits and Downpayment Requirements in Covington, Miami, OH
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conforming
$726,200
3%
USDA and FHA Loan Options in Covington, OH
The goal of Lendersa® is to quickly secure the best USDA or FHA loan for you without hassle. Begin by selecting one of three pathways leading to matching lenders and USDA loan programs.
A USDA home loan is backed by the Department of Agriculture, referred to as a USDA rural development loan or mortgage, and is available only in rural areas. Unlike FHA loans that require a minimum down payment of 3.5%, USDA loans demand no down payment.
WSSC Federal Credit Union (WSSC FCU) was chartered in April 1964 with an initial asset base of $2, 000. Since then, the Credit Union has grown to over $30 million in assets with over 4, 000 members. We serve WSSC Water employees, retirees, contractors, and their families; members and employees of Reid Temple AME and Kingdom Fellowship AME Churches.
Tower Federal Credit Union was ranked #1 on Forbes Magazine’s Best-in-State Credit Unions for 2021, and was one of only five Maryland credit unions to make the Forbes Best-in-State list in 2020.
Tower Federal Credit Union was formed in 1953 when its seven original members pooled together their money
Diamond Financial Mortgage Corporation has helped many families buy a home with the loan that is right for them. We pride ourselves on our technical expertise and are committed to exceeding our clients' expectations. We work together with our clients to understand their needs, wants, and expectations and offer a flexible approach
Heritage FCU was formed in 1965, as Warrick Employees FCU, by employees of ALCOA Warrick Operations in Newburgh, IN.Hershey Federal Credit Union is a financial services cooperative, existing to serve our membership and our communities by providing affordable access to credit, offering beneficial financial services, and engaging in our communities.
Peach State Bank & Trust is the largest true community bank in Hall County. We have a seasoned management team and a strong board of directors who are not only dedicated to our customers but to this community. We offer competitive rates, a variety of accounts - both personal and business. We hope you will call us or stop by today
"Founded in 1971 as HALLCO Community Credit Union, we grew into a full-service financial institution offering a wide range of banking products and services with branch locations in Gainesville, Oakwood, Flowery Branch and Cleveland.
As the communities and the needs of the residents in the area around us expanded, so did we"
HOMESTAR Financial Corporation is a full service mortgage banker controlling every aspect of the loan process with in house processing, underwriting, closing and funding of each mortgage transaction. Having an in-house team separates HOMESTAR from other mortgage companies because it is easier for HOMESTAR mortgage lenders to communicate quickly
The Pure Light Mortgage, Inc. team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
