USDA Vs. FHA Pro and Con comparison in Smithfield, Providence County, RI
In 2025, the USDA loan limit for Smithfield, situated in the county of Providence, RI, is $473,800. Meanwhile, for a single-family home, the FHA limit is $661,250.
With the Lendersa® USDA loan calculator, you can weigh today's USDA and FHA rates to find the best fit, determining the needed income, credit, reserves, and documents for qualification. Our advanced mortgage calculator allows side-by-side comparison of USDA, FHA, Conforming, and VA loans, enabling you to select the optimal program in for your specific financial situation.
Loan limits and downpayment requirements for 2025 in Smithfield, Providence, 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 Smithfield, RI
The aim of Lendersa® is to secure the best USDA or FHA loan efficiently and without hassle. Begin with one of three steps to access matching lenders and explore USDA loan programs.
A USDA home loan is a government-backed mortgage through the Department of Agriculture, often known as a USDA rural development loan. It is exclusively available in rural locations. Unlike FHA loans that necessitate a minimum 3.5% down payment, the USDA mortgage requires no down payment, enabling easier access to home ownership in rural areas.
On September 9, 1963, Southland Federal Credit Union’s charter was approved by NCUA (National Credit Union Administration). Starting with only seven members and working out of a house, the credit union started providing financial services to workers and family members of the Southland Paper Mill in Lufkin, Texas.
Lufkin Federal Credit Union is a full service, not for profit financial institution formed in 1964. The original name of the credit union was LFM Federal Credit Union, formed to serve employees of Lufkin Foundry & Machine Company (later became Lufkin Industries, Inc.) and their family members.
Angelina Federal Employees Credit Union has been open since 1952. The credit union has assets totaling $38.3 Million and provides banking services to more than 3, 000 members as of March 2022.
The credit union is a member-owned financial cooperative providing banking services including savings loans.
CCTFCU is a federally-registered credit union serving Cherokee County. We were organized in 1955 to provide low-interest loans and high-yield savings accounts to teachers serving in our school districts. As a federal credit union, we’re a non-profit banking institution that gives back to each and every one of our members with low-interest loans.
McClain County National Bank was chartered on March 8, 1922, right here on Main Street in Purcell. Officers at the time consisted of John H. Perry as President, E.L. Sheets as Vice President, and John H. Wells as Cashier. Six months later, at the close of business on September 15, the Bank had total assets of $298, 212.95. In 1927,
Flatwater Bank has been pioneering banking since 1902. We are proud to be family-owned and work hard to offer our customers the very best in community banking. We want the communities we live and work in to be strong. We want a place where kids can return to work, where people can start and grow businesses, and neighbors reach out to lend a hand.
We can guide you to the right loan amount and best program for you. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from. We'll guide you through the process and make it worry-free to improve your interest rate.
Temple-Inland FCU Any full time employee or retired employee of Georgia Pacific is eligible for membership. Employees of Atlas, Katherine Sage Day Care, Diboll ISD, Crown Colony, the City of Diboll, the Correctional Center, Security & Guaranty, and Ronson may also join. If you have an account your family members.
Fusion Bank, which has locations in Larned, Overland Park, and Pratt, attributes its longevity to dedicated people and a commitment to quality. The Bank is rated as a 5-Star Bank (the highest ranking) by BauerFinancial, and is listed among The Strongest Banks in the U.S. by Weiss Ratings.
