In 2025, the USDA loan limit in Madison, in the county of Lake, SD stands at $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.
Use the Lendersa® USDA loan calculator to look at today's best rates for USDA versus FHA, assessing the needed income, credit, reserves, and documents for qualification. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA side by side, helping you determine which option in suits your financial needs.
2025 Loan Limits and Downpayment Requirements in Madison, County of Lake, SD
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Madison, SD
Lendersa® strives to secure for you the most suitable USDA or FHA loan quickly and hassle-free. Choose one of three starting points that lead to matching lenders and available USDA lending programs.
A USDA home loan, alternatively referred to as a USDA rural development loan or USDA mortgage, is government-backed, provided by the Department of Agriculture, and available exclusively in rural neighborhoods. Unlike FHA loans that demand a minimum down payment of 3.5%, USDA mortgages require no down payment at all.
238 S. Egret Bay Blvd., Suite 234, League City, TX, 77573
Baymont Mortgage are a full-service mortgage company based in League City, Texas. We specialize in FHA, First Time Buyer Home Loans, Conventional, and VA Loans. We also serve the surrounding cities in Galveston County and greater Houston area. Whether you are buying a home or refinancing.
We have a full range of financial products and services designed to improve the financial lives of our members. Greenville Heritage FCU has consistently earned the Five-Star Superior rating from Bauer Financial Inc. in Coral Gables, Florida. This rating identifies our Credit Union as one of the strongest, financially sound credit unions.
Our primary focus naturally tends to be the Upstate of South Carolina because we are headquartered in the heart of Greenville! However, we are licensed to lend throughout the state. So if you are buying a condo downtown, a second home up on Paris Mountain, or a relaxing beach house in Charleston, we are ready to be your mortgage team!!
2 West Washington Street, Suite 700, Greenville, SC, 29601
Since 1950, United Community Bank has been dedicated to providing best in class service to our customers as the foundation of every relationship. We are “The Bank That SERVICE Built®” and we are committed to improving the communities we serve through the philosophy of delivering exceptional banking service.
SC Home Lending, LLC We’re making getting a mortgage easier than ever before. Our company
has an experienced team of brokers on staff. From fast, custom digital quotes to a completely streamlined online loan application and approval
process, you can get your money and do what you want with it — usually in less than 30 days.
Preferred Financial Services, Greenville, SC has always been to create an opportunity for home owners and home buyers to purchase or refinance their home at a rate that would not only be affordable and lower than any other mortgage company in South Carolina, but would enhance their home buying experience and their bottom line.
We offer full mortgage services because our clients have different needs. Every situation is different, and what’s best for one person may not be ideal for another. We’re committed to consulting individually with every client to ensure we fit each one with the best product possible.
Lima One Capital, LLC is a National, fully capitalized, direct lender for residential real estate investors and homebuilders. We are revolutionizing the investor financing industry with our highly competitive and straightforward rates, the length of our loans, and our unmatched customer service.
GrandSouth Bank is a South Carolina state bank, which was incorporated and commenced operations as a commercial bank in 1998. The Bank operates from its offices in Greenville, Fountain Inn, Greer, Anderson, Columbia, and Orangeburg. Also, the Bank has expanded into the lowcountry area of South Carolina with a new location in Charleston.
Shellpoint Mortgage Servicing manages (or “services”) mortgage loans after mortgage lenders originate them. On behalf of our lender and investor clients, we accept and process mortgage payments from more than 1.7 million homeowners nationwide. In recent years we’ve grown to become America’s 5th-largest non-bank mortgage servicer.
