USDA and FHA Pro and Con in Lake-City, Florence County, SC
In 2026, the USDA loan limit in Lake-City, located in Florence, SC, is set at $285,000. Meanwhile, the FHA limit for a single-family home stands at $356,362.
Utilize Lendersa®'s USDA loan calculator to compare today's USDA versus FHA rates and determine the necessary income, credit, reserves, and documentation to qualify. With our advanced mortgage calculator, you can analyze USDA, FHA, Conforming, and VA loans side by side, helping you choose the best program for your financial needs in .
2026 Loan Limits and Downpayment Requirements in Lake-City, Florence, SC
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Lake-City, SC
The aim of Lendersa® is to quickly provide you with the best possible USDA or FHA loan. Select one of three initial approaches to link with lenders and USDA loan programs.
The USDA home loan, also called the USDA rural development loan or USDA mortgage, is backed by the Department of Agriculture and is intended exclusively for rural areas. Unlike FHA loans requiring a minimum 3.5% down payment, USDA loans do not require any down payment, enhancing accessibility.
C & A Mortgage Services of Florence Inc, in business since 1991, is a true Mortgage Broker firm and gladly accepts that identity because of the large amount of flexibility we are offered by the various national wholesale lenders we choose to do business with. The company is solely owned and operated since it's inception.
Pee Dee Federal offers a variety of loan options, including new and used auto loans, personal loans, home equity loans, overdraft protection, revolving lines of credit, secured loans, motorcycles, jet skis, boats, campers. Because each member is unique, we strive to customize each loan to fit your budget by offering affordable monthly payments.
Palmetto First FCU is the longest standing Florence credit union, established in November 1953. The purpose of the Florence ACL Employees Credit Union was twofold: to create thrift through savings of the employee and to provide credit at a minimum rate of interest for members desiring the same.
Nucor Employee's Credit Union was founded in late October 1962. The need for the credit union arose out of the fact that Vulcraft (later named Vulcraft Division of Nucor Corporation) employees needed a reliable, low cost source of borrowing money when they could not pay the difference between the cost of hospital expenses.
Carolina Bank’s branch offices are scattered throughout six counties of northeastern South Carolina. They account for over $460 million in assets and offer a wide range of banking services to meet every personal or business need. Its branch managers and staff, many of who are long serving employees, live in the communities they serve.
At SAFE Federal Credit Union, we connect South Carolinians in our seven-county service area with the resources they need to achieve lasting economic stability.
In fact, that’s our mission—to help members stay at their financial best through all stages of life—and has been since our founding over half a century ago
Anderson Brothers Bank is a full service community Bank offering a complete range of competitive loan services and deposit products. Founded in 1933, this family-owned Bank blends the elements of traditional personal service, local market awareness, and advanced technology to meet the financial needs of its customers.
Dedicated Community Bank will be known as the premier relationship bank in the communities we serve. We will be a highly effective and ethical financial services institution. We will provide our clients, individuals and businesses, with the highest level of quality financial services available.
Georgetown Kraft Credit Union $143 million financial cooperative serving members with affordable financial products for everyday needs. Community-Chartered with membership open to anyone who lives, works or attends school in Georgetown & Williamsburg Counties. Branches in Georgetown.
