USDA VS FHA in Valley-Falls, Spartanburg County, SC

In 2025, the USDA loan limit for Valley-Falls, situated in Spartanburg, SC, is $285,000, whereas the FHA limit for a single-family home is $356,362.

Utilize the Lendersa® USDA loan calculator to compare today's USDA vs. FHA rates. Determine the necessary income, credit, reserves, and documents needed for qualification. Our sophisticated mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side by side, aiding your decision on the most suitable program for your financial circumstances in .

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2025 Loan Limits and Down Payment Requirements in Valley-Falls, Spartanburg, 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 Valley-Falls, SC

The aim of Lendersa® is to promptly secure you the best USDA or FHA loan, without hassle. You can select from three starting points which result in finding matching lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in SC

A USDA home loan, also known as the USDA rural development loan or mortgage, is backed by the Department of Agriculture and is offered exclusively in rural areas. Unlike FHA loans that require at least a 3.5% down payment, USDA loans require no down payment at all.

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



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