USDA Vs. FHA Pro and Con comparison in Covington, Miami County, OH
In 2026, 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.
2026 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.
Founded September 7, 1963 as Kennett National Bank, Kennett Trust Bank is one of the oldest independently-owned and managed banks in the area, with 7,000 customers and over $110 million in assets. We actively support the community, donating funds and employee volunteer hours to many educational, hometown and family-related causes.
We are your hometown, community bank, & to us people matter. Our deposits are invested locally to promote economic growth and meet the borrowing needs of our customers. When you choose to bank with us, your business is managed locally, which means no out-of-town or out-of-state committee is necessary to evaluate your requests or fulfill your needs.
SECU embraces the credit union difference by giving back to the communities we serve through community outreach initiatives including scholarship programs and financial education workshops for high school and college students. With financial centers throughout Maryland, thousands of free ATMs, and mobile and online banking.
Finger Lakes Health Care Federal Credit Union is a full service, federally insured financial institution serving health care employees and their families in the Elmira-Watkins Glen area. Founded in 1974 FLHC’s main offices are located on the campus of the Arnot Ogden Medical Center in Elmira, NY.
Call Federal Credit Union provides passionately local banking by opening doors to your financial health. Our mission is to establish relationships that allow us to offer the right products and services that lead to positive financial results for our members and their families. Call Federal was founded in 1962.
Rosedale Federal has deep roots in the Baltimore area and we’re proud to be part of the communities we serve. Our purpose remains the same: to help our neighbors with everyday finances and affordable home loans. The bank is still a mutual association, owned by its depositors, not a group of investors and shareholders.
Brightleaf Mortgage, we take a consultative approach to the home loan process by customizing each transaction to help our customers achieve their home financial goals. Any loan officer can get you a loan. Our mission is to get you the right loan for your Richmond, Virginia home.Integrity is the cornerstone of Brightleaf Mortgage.
The Police Federal Credit Union, headquartered in the Washington, D.C. metropolitan area, is a full service, not-for-profit, financial institution that has been committed to protecting the financial interests of members of the law enforcement community and serving their financial needs since 1935.
