USDA and FHA Pro and Con in Gaffney, Cherokee County, SC
In 2026, the USDA loan limit for Gaffney, situated in the county of Cherokee within SC, is $336,500. Meanwhile, for a single-family home, the FHA limit is $472,030.
Utilize the Lendersa® USDA loan calculator to compare today's optimal USDA versus FHA rates. This tool helps you assess the income, credit, reserves, and the documentation required for qualification. Using our advanced mortgage calculator, you can evaluate USDA, FHA, Conforming, and VA products side by side, assisting you in determining the best program for your specific financial scenario in .
Details on 2026 Loan Limits and Downpayment Requirements in Gaffney, Cherokee, 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 Gaffney, SC
Lendersa® aims to quickly secure the best possible USDA or FHA loan for you with minimal hassle. You can select one of three starting options to get connected with matching lenders and explore USDA loan programs.
A USDA home loan, supported by the Department of Agriculture, is known as a USDA rural development loan or USDA mortgage. It is uniquely available in rural neighborhoods. Unlike FHA loans, which require at least a 3.5% down payment, USDA loans necessitate no down payment, making them an appealing option for rural home buyers.
2117 Boiling Springs Rd, Boiling Springs, SC, 29316
Lends in South Carolina
"Pathway Mortgage has set itself apart in the South Carolina mortgage lending community through a focus on three core values: honesty, transparency, and customer service.
Pathway Mortgage was founded in 1998 in Spartanburg, South Carolina. Over the past twenty years, founder Kevin Love and co-owner Jeff Henry have steadily grown"
VITAL Federal Credit Union exists for you – for your financial health, for your access to a fair source of credit, for your community, and for your ability to reach your financial goals. We believe these are necessary aspects of your life. You could say we think they are VITAL.As a member of VITAL Federal Credit Union.
Carolina Foothills is guided by 8 core principles that allow us to focus on the individual member’s needs. With over 125 partners and three distinct service communities, we are able to offer vital financial tools and options. While you can make business transactions anytime online from your phone or computer with ease.
4609 Charlotte Highway, Suite 4, Lake Wylie, SC, 29710
Lends in South Carolina
Capital South Funding is a full service mortgage company focused on providing wholesale interest rates and superior customer service. Capital South Funding offers home financing throughout North Carolina and South Carolina. As a family owned company with little overhead, they can pass along the savings to you.
Bank of York was founded on April 11, 1935, and we're proud to be a part of the history of York County. That's a long time of serving our community. We're proud of all the stories of people who have joined with Bank of York over the years to build stable livelihoods and raise their families.
Working and Thriving, Together! Arthur State Bank has served the good people of South Carolina since 1933. Today Arthur State Bank operates 18 locations in Union Spartanburg, Greenville, Lexington, Clinton, Woodruff, Roebuck, Rock Hill, Columbia, & Chesnee. We continue to operate as one of the state’s oldest family-owned & operated community banks!
