USDA Vs. FHA your options comparison in Narragansett, Washington County, RI
For the year 2026, in the region of Narragansett located in Washington county, RI, the USDA loan limit is set at $473,800, whereas the FHA limit for a single-family home is $661,250.
Utilize the Lendersa® USDA loan calculator to analyze and contrast today's supreme USDA versus FHA rates, helping you to determine the income, credit, reserves, and necessary documents needed to qualify. This advanced mortgage calculator lets you juxtapose USDA, FHA, Conforming, and VA loans, so you can make an informed decision on which program in suits your financial situation best.
Loan limits and down payment requirements for 2026 in Narragansett, county of Washington, RI
Loan Type
Loan Limit
Down Payment
USDA
$473,800
0%
FHA
$661,250
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA loan options in Narragansett, RI
Lendersa®'s aim is to provide you with the best possible USDA or FHA loan quickly and without any hassle. You can select from one of three starting points, leading to lender matches and USDA loan programs tailored to your needs.
A USDA home loan, which is guaranteed by the United States Department of Agriculture—commonly referred to as a USDA rural development loan or USDA mortgage—is available only in rural areas. Unlike FHA loans that mandate a minimum down payment of 3.5%, USDA loans do not require any down payment, increasing their appeal to homebuyers in eligible regions.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Back Bay Mortgage Brokers is committed to providing our clients with the highest quality service while securing the best possible loan options available. Our expert mortgage professionals have over 20 years of mortgage lending and brokerage experience. We will work with you one on one to ensure that you get the right mortgage.
629 Boston Neck Rd, Unit C2, North Kingstown, RI, 02852
Lends in Rhode Island
A lifetime Rhode Islander with 19 years experience in the Greater Rhode Island Real Estate marketplace, the last 16 as the principle broker/owner of Greater RI Properties, LLC. A varied background including a BS in accounting and twenty plus years self employed in manufacturing lends a diverse perspective to all phases of real estate.
BankNewport is proud to be your community bank. Founded in 1819, we are one of the oldest mutual savings banks not only in Rhode Island, but in the entire United States. Currently holding $1.6 Billion in assets, BankNewport is an FDIC-insured savings bank and a subsidiary of the Mutual Holding Company, OceanPoint Financial Partners, MHC.
People’s Credit Union is a community Credit Union that has served the people of Rhode Island and Southeastern Massachusetts since 1922. People's Credit Union is owned by its members and is a not-for-profit, cooperative financial institution. We operate 6 branches located in Bristol, Middletown, Newport, North Kingstown, Portsmouth, and Wakefield.
55 John Clarke Road, Unit A16, Middletown, RI, 02842
Lends in Rhode Island
"Newport Mortgage LLC is a residential, and commercial mortgage company, located in Newport RI. Newport Mortgage LLC is owned and operated by Mark Jernstedt. Mr. Jernstedt brings over 25 years of experience, originating residential and commercial loans. When you apply for a loan with Newport Mortgage LLC,"
Peoples Home Loans, prides itself on it's outstanding mortgage origination service serving the needs of Real Estate Professionals, Real Estate Investors, Individual Home Buyers, Homeowners, CPAs and Financial Planners. With a full gamut of mortgage programs and products, we are dedicated to offering the best-fit mortgage to our perspective clients.
JVC offers a myriad of diverse commercial loan programs to commercial borrowers secured by any worthwhile commercial real estate. Joint Venture Capital , LLC was established in February 2008 during and as a response to one of the worst Finance Meltdowns in US History! No one offers a more diverse array of finance options or works harder than JVC
Washington Trust Mortgage Company LLC originates residential real estate mortgage loans, including construction, purchase and refinancing, through its offices in Massachusetts, Connecticut and Rhode Island. Our team of experienced mortgage professionals is dedicated to providing customized.
