USDA Vs. FHA Pro and Con comparison in Moncks-Corner, Berkeley County, SC
For the year 2025, the USDA loan limit in Moncks-Corner, situated in the county of Berkeley, SC, is set at $285,000. Meanwhile, the FHA loan limit for a single-family residence stands at $414,000.
Utilize the Lendersa® USDA loan calculator to weigh up the current USDA versus FHA rates and identify the required income, credit score, reserves, and documents for qualification. Our comprehensive mortgage calculator lets you compare USDA, FHA, Conforming, and VA loans side by side, facilitating your choice of the optimal program tailored to your specific financial state in .
2025 Loan limits and down payment necessities in Moncks-Corner, county of Berkeley, SC
Loan Category
Maximum Loan Amount
Down Payment
USDA
$285,000
0%
FHA
$414,000
3.5%
Conventional Conforming
$548,250
3%
Options for USDA and FHA loans in Moncks-Corner, SC
Lendersa® is dedicated to providing swift and straightforward access to the most favorable USDA or FHA loans. Choose from one of three initial paths, each leading to matching with suitable lenders and USDA loan options.
The USDA home loan, also referred to as the USDA rural development loan or USDA mortgage, is backed by the U.S. Department of Agriculture. This mortgage is available strictly for rural communities. Singling out FHA loans that mandate a minimum 3.5% down payment, USDA mortgage loans require absolutely no down payment, making it an appealing choice for eligible applicants.
101 North Addison Street, Suite 202, Elmhurst, IL, 60126
Our mortgage team members will give you the individual attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in purchasing a home, refinancing a mortgage, or tapping into your home equity. So we make a promise to you.
Stonehaven Mortgage is a Illinois mortgage bank that is focused on servicing our clients with the lowest rates and quickest turn times in the industry. All of our conventional and government loans are processed, underwritten and closed by underwriters who understand the markets in which banks lend. This allows us to assure our clients that we’ll g
7601 West Montrose Avenue, Suite 1, Norridge, IL, 60706
JP Financial Group provide high quality service and a great experience. Customers can expect to be served with honesty, integrity and most importantly, competence. JP Financial Group, Inc. is a seasoned and professional mortgage broker company, which specializes in residential housing as well as commercial properties.
The Evangeline Bank and Trust Company is an independent banking company that provides banking services to consumer and business customers in its normal area of operation. Our goal is to meet the banking needs of our communities served with outstanding customer service while taking active roles in our local communities.
5901 North Milwaukee Avenue, Suite F, Chicago, IL, 60646
At LendLink Financial 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.
4001 West Devon Avenue, Suite 321, Chicago, IL, 60646
Smooth Mortgage is built upon 18 years of mortgage and finance excellence in Chicago and surrounding areas. We work hard to get you the lowest possible rate, beating banks and retail lenders. With Smooth, you have one point of contact who works with you all the way through from beginning to end. We only partner with the best lenders.
Farmers State Bank, headquartered in Pittsfield, IL, has been locally owned since 1889 and remains one of the strongest banks in the nation. Farmers State Bank is ranked the number one bank in agriculture in its market areas of Pike, Scott, Greene, Jersey, Morgan and Adams Counties.
Petit Jean State Bank was established in 1999 when a group of local Conway County business leaders recognized the need for Morrilton and Conway County to have a locally-owned and managed bank. In just 59 days, the organizers had influenced some 300 additional investors to commit to the new bank.
One Mid America Plaza, Suite 800, Oakbrook Terrace, IL, 60181
NEO represents the new way of doing home loans. We advise you how to pay off your mortgage and consumer debts faster and with much lower cost – all while maximizing your wealth. We focus on your long-term, comprehensive wealth strategy over the short-term mortgage transaction. Founded in 2021.
17 West 220 22nd Street, Suite 250A, Oakbrook Terrace, IL, 60181
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.
1801 S Meyers Rd, Suite 500, Oakbrook Terrace, IL, 60181
The Peoples Home Equity Inc Team is committed to providing clients with the highest quality home loans combined with some of the lowest mortgage rates available in all of Illinois. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan.
