USDA Vs. FHA Pro and Con comparison in Cherryvale, Sumter County, SC

For 2025, the USDA loan limit in Cherryvale, situated in the county of Sumter, SC, is $336,500. The FHA limit for a single-family home, in contrast, is set at $472,030.

The Lendersa® USDA loan calculator offers a comparison tool for USDA versus FHA to discover the best rates available today. It also assists in pinpointing the income, credit, reserves, and documents necessary for loan qualification. Our advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA loans side by side, providing clarity on which program in Alabama aligns best with your specific financial needs.

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2025 Loan Limits and Downpayment Details in Cherryvale, Sumter, SC

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

Options for USDA and FHA Loans in Cherryvale, SC

Lendersa® aims to quickly and efficiently help you secure the most advantageous USDA or FHA loan. Choose from three starting points to connect with matching lenders and learn about USDA loan plans.

Lendersa USDA loan requests and matching results

Understanding USDA Loans in SC

A USDA home loan is guaranteed by the Department of Agriculture and is also known as a USDA rural development loan or USDA mortgage. These loans are exclusively offered in rural areas. Unlike FHA loans which need a minimum of a 3.5% down payment, USDA mortgages require no down payment.

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



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