USDA and FHA Pro and Con in Carthage, Smith County, TN
In 2025, the USDA loan limit for Carthage in Smith County, TN, is $555,600, while the FHA limit for a single-family home is $890,100.
Use the Lendersa® USDA loan calculator to evaluate today's leading USDA versus FHA rates, and establish the income, credit, reserves, and documentation needed for qualification. Using our advanced mortgage calculator, compare USDA, FHA, Conforming, and VA options side by side to determine which program in best suits your financial needs.
2025 Loan Limits and Down Payment Requirements in Carthage, County of Smith, TN
Loan Type
Loan Limit
Down Payment
USDA
$555,600
0%
FHA
$890,100
3.5%
Conventional Conforming
$890,100
3%
USDA and FHA Loan Options in Carthage, TN
The objective of Lendersa® is to secure the best possible USDA or FHA loan quickly and without hassle. Start with any of the three options that align you with suitable lenders and USDA loan programs.
A USDA home loan is a government-backed mortgage by the Department of Agriculture, sometimes called a USDA rural development loan or USDA mortgage, and is available only in rural areas. FHA loans require a minimum 3.5% down payment, whereas USDA loans boast no down payment requirement.
Citizens was opened by local citizens in 1917 to serve the loan needs of people who have limited access to bank credit. Citizens primarily makes secured and unsecured loans to individuals with less than perfect credit or collateral for personal, family or household purposes Automobiles and personal property are all acceptable as collateral.
United Southern Bank offers a range of banking services to meet today’s financial needs, from Personal Checking and Savings Accounts to Individual Retirement Accounts (IRAs) to Mortgage Loans with competitive rates. We also offer an array of business services including Commercial Checking, Business Savings Accounts
Traditions First Bank was developed on the premise that a locally owned bank would better serve the area by preserving the banking principles of yesterday, while also providing progressive financial opportunities for the banking customers of today. Every single customer is important to us
Chattanooga First Federal Credit Union started out small with the sole ambition of serving employees of U.S. Pipe and Foundry and their families. Over time, we've expanded our membership base to others and now offer a comprehensive range of credit union services. Chattanooga First Federal Credit Union Established in 1961.
1500 Chestnut Street, Suite 102, Chattanooga, TN, 37408
Chattanooga Neighborhood Enterprise, Inc. was founded in 1986 to help improve the quality of life in Chattanooga by building strong, sustainable neighborhoods through the promotion and preservation of homeownership. CNE has helped over 4.000 Chattanooga residents purchase their first home.
1391 Holmes Street, Suite 119, Chattanooga, TN, 37408
Morgage Assurance is ready to help you purchase your dream home today. We are a family owned business located in Chattanooga, Tennesee Mortgage Assurance has nurtured relationships with numerous lending companies across the U.S., which allows us to custom fit a lender for the loan program.
Planters Bank is a growing community bank with 12 offices in Western Kentucky & Clarksville, Tennessee. Headquartered in Hopkinsville, KY, Planters is a full-service bank with a wide array of both consumer & commercial lending and deposit services. A tradition of excellence in customer service is the reason you can Expect Great Things.
Dreamfield Lending is a veteran-owned mortgage broker located in Hopkinsville, KY and serving the surrounding areas. We have several years experience in our office helping families navigate through the mortgage loan process and pride ourselves on creating a good experience with a tailored mortgage loan based on the individual's needs.
