USDA and FHA Pro and Con in Hugo, Choctaw County, OK

In 2025, the USDA loan limit in Hugo, within Choctaw county, OK, is defined at $336,500, whereas the FHA limit for a single-family home is set at $472,030.

Utilize the Lendersa® USDA loan calculator to evaluate today's best USDA versus FHA rates, and figure out the income, credit score, reserves, and documentation required for qualification. Our sophisticated mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, helping you pinpoint the ideal program for your financial situation in .

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Loan Limits and Downpayment Requirements for 2025 in Hugo, Choctaw, OK

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Explore USDA and FHA Loan Options in Hugo, OK

The objective of Lendersa® is to swiftly provide you with the best possible USDA or FHA loan, without hassle. Select one of three pathways to connect with lenders that align with USDA loan programs.

Illustrative representation of Lendersa USDA loan requests and matches

Understanding a USDA Loan in OK

The USDA home loan, backed by the Department of Agriculture, also referred to as the USDA rural development loan or USDA mortgage, is solely available in rural neighborhoods. Unlike FHA loans that require a minimum of 3.5% down payment, USDA mortgages do not necessitate any down payment at all.

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



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