USDA Vs. FHA Pro and Con comparison in Jamestown, Newport County, RI

In 2025, the USDA loan limit for the city of Jamestown in Newport county, RI is set at $473,800. Meanwhile, the FHA limit for a single-family residence is $661,250.

Employ the Lendersa® USDA loan calculator to contrast today's top USDA and FHA rates and ascertain requirements such as income, credit score, reserves, and necessary documents for qualification. Our advanced mortgage tool lets you examine USDA, FHA, Conforming, and VA loans concurrently, aiding you in choosing the program best suited to your financial needs in Alabama.

Explore loan options from a mix of 100 lenders

2025 loan limits and down payment requirements in Jamestown, Newport county, RI

Loan Type Loan Limit Down Payment
USDA $473,800 None (0%)
FHA $661,250 3.5%
Conventional Conforming $726,200 3%

Loan Opportunities: USDA and FHA in Jamestown, RI

At Lendersa®, our mission is to secure the optimal USDA or FHA loan for you swiftly and with minimal hassle. Choose among three initial steps to connect with compatible lenders and access suitable USDA loan programs.

Lendersa USDA loan request matching results

Understanding USDA Loans in RI

A USDA home loan is government-backed by the Department of Agriculture, often referred to as a USDA rural development loan or USDA mortgage. It is specifically available for rural communities. Unlike the FHA loan, which mandates at least a 3.5% down payment, the USDA mortgage requires no down payment whatsoever.

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



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