USDA and FHA Pro and Con in Collierville, Shelby County, TN
In 2026, the USDA loan limit in Collierville, located within Shelby county, TN, is $336,500, whereas the FHA limit for a single-family home is $472,030.
Use the Lendersa® USDA loan calculator to compare the best available rates for USDA vs. FHA loans today, determining the income, credit, reserves, and documents required for qualification. Our advanced mortgage calculator allows you to review USDA, FHA, Conforming, and VA loans side by side, helping you choose the program that best suits your financial needs in .
2026 Loan Limits and Downpayment Requirements in Collierville, County of Shelby, TN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Collierville, TN
Lendersa® strives to secure the best USDA or FHA loan for you quickly and without hassle. Choose from three starting paths that align you with suitable lenders and USDA loan programs.
A USDA home loan, often referred to as a USDA rural development loan or USDA mortgage, is backed by the U.S. Department of Agriculture. Available exclusively in rural areas, these loans require no down payment, unlike FHA loans that require at least a 3.5% down payment.
"Bartlett Mortgage, Inc., will help. The Bartlett Mortgage team loves helping individuals and families throughout greater Memphis hang their hat in their new home.
We’re one of the largest mortgage companies in the greater Memphis area. The number of people we’ve helped obtain or build their homes is something we’re incredibly proud of.
Community Mortgage; our name says it all. Mortgages are all we do, and we are experts at it. We're committed to serving you with on time closing, local underwriting/decision making, expert support personnel and exceptional communication. We know your neighborhoods, understand your needs and we're here for you, every step of the way.
Paragon Bank prides itself on offering superior service based on a combination of banking expertise and local knowledge. A full-service bank with a comprehensive package of banking solutions delivered both in person and online, Paragon bankers provide big bank products and capabilities with community bank personal service.
Spruill Global Funding LLC is dedicated to help business owners find the right loan products for commercial finance, refinancing your existing real estate, purchases, equipment purchasing, merchant cash advances and we offer an array of other products. We service the local Memphis, Cordova, Collierville areas.
We started Local Mortgage to bring something different to the mortgage market. For a while now, customers have had to choose between low rates with technology driven companies, generally sacrificing on service or getting typically higher rates from local loan officers that sometimes offer a higher level of service than their online counterparts.
We are a Lender, not a Broker. All loan decisions and fundings are handled by our in-house staff. By cutting out the middle person, most of the time known as a broker, you get better rates, faster answers, and lower closing costs. We encourage and empower our loan officers to issue “same day” approvals;
1715 Aaron Brenner Drive, Suite 100, Memphis, TN, 38120
Lends in Tennessee
Financial Federal is locally owned and operated and remains a community bank that specializes in high quality customer service and customized banking solutions. Our board and senior management continue to focus on creating an atmosphere that is appreciated by those who value the confidence that comes from experience
6489 Quail Hollow Rd, Suite 106, Memphis, TN, 38120
Lends in Tennessee
Compare, Offer and Close with CONFIDENCE with The Wendy Thompson Team. Your homebuying journey should start with finding a lender. Mortgages are long-term relationships, and you will want to be confident that your lender offers a strong combination of quality service and competitive pricing.
Southern Security Federal Credit Union is a not-for-profit financial cooperative whose mission is to help its members financially. Whether that's through providing savings options, being a lending source or simply providing convenience, each member's needs are unique. We serve employees of companies all over the Mid South and across the nation.
