USDA Vs. FHA Pro and Con comparison in Mount-Vernon, Knox County, OH

For the year 2025, the USDA loan limit for a single-family residence in Mount-Vernon, part of Knox county, OH is $285,000, while the limit for FHA loans is $356,362.

Using the Lendersa® USDA loan calculator, compare today's prime rates between USDA and FHA offerings. This tool helps you establish the required income, credit, reserves, and documents for eligibility. The advanced mortgage calculator showcases USDA, FHA, Conforming, and VA loans side-by-side, guiding you to the most suitable program in Alabama for your specific financial situation.

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Understanding 2025 Loan Limits and Downpayment Requirements in Mount-Vernon, Knox, OH

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

Options for USDA and FHA Loans in Mount-Vernon, OH

Lendersa® works to quickly connect you with the most suitable USDA or FHA loans without any fuss. Choose from one of three starting points to find matching lenders and ideal USDA loan programs.

Lendersa USDA loan request and matching results

What Exactly is a USDA Loan in OH?

The USDA home loan is a mortgage backed by the Department of Agriculture, also known as a USDA rural development loan. It is available solely in rural areas and does not require a down payment, unlike FHA loans, which necessitate at least a 3.5% down payment.

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



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