USDA Vs. FHA Pro and Con comparison in Covington, Tipton County, TN

In the year 2025, within Covington in the county of Tipton, TN, the USDA loan limit is established at $336,500. Meanwhile, the FHA limit for a single-family home stands at $472,030.

Utilize the Lendersa® USDA loan calculator to assess today's prime USDA versus FHA rate offerings. Determine the required income, credit reserves, and documents needed for qualification. With our advanced mortgage calculator, view USDA, FHA, Conforming, and VA options side by side, helping you select the most suitable program for your financial needs in .

Explore loan offers from 100 lenders.

2025 Loan Limits and Down Payment Requirements in Covington, Tipton, TN

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Opportunities in Covington, TN

Lendersa® aims to quickly provide you with the best available USDA or FHA loan. Choose from three starting points to connect with matching lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in TN

A USDA home loan is a government-backed mortgage offered by the Department of Agriculture, also known as a USDA rural development loan, available in rural areas. Unlike FHA loans that require at least a 3.5% down payment, USDA mortgages require no down payment, offering significant savings to eligible borrowers.

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



  • Birchwood Hard Money Tampa Fl
  • 800 E Baker St, Tampa, FL, 33603
  • Our goal is to create long term relationships with our clients. As a long standing hard money lender in Tampa, Florida, our track record speaks for itself: many satisfied and successful clients.We also provide free consulting services to our customers.When it comes to hard money lending in Tampa, Birchwood is the easiest and cheapest to work with.
  • Propel Home Loans LLC
  • 8400 Normandale Lake Blvd, Suite 920, Minneapolis, MN, 55437
  • We don’t just pitch rates. That doesn’t take any skill. Sure, we have some of the best rates available in the market, but that doesn’t mean that a particular lender or interest rate is right for you and your goals. We believe that our professional responsibility is to help you manage your mortgage debt over your lifetime.
  • SharePoint Credit Union
  • 5300 Hyland Greens Drive, Bloomington, MN, 55437
  • SharePoint is committed to serving the financial needs of its members through quality financial products & a strong community presence. SharePoint is leading the way in service & products for our members. We strive to give our members the service they deserve, while enhancing their financial well-being. Our personal service, competitive rates.
  • Texhillco School Employees Federal Credit Union
  • 1018 Sidney Baker Street, Kerrville, TX, 78028
  • Texhillco School Employees Federal Credit Union was established in 1956. It was founded by school employees and operated out of a cigar box on the top floor of the old Tivy High School building in Kerrville, now the KISD administration building. Since that time the surrounding Hill Country school districts have joined our field of membership.
  • Kerr County Federal Credit Union
  • 3700 Memorial Boulevard, Kerrville, TX, 78028
  • Kerr County Federal Credit Union was founded on July 1, 1936 in the basement of the VA Hospital, to serve veterans & their families along with employees of the VA. Since then, we have existed solely for the purpose of serving our members’ best interests. This focus on members instead of profits allows us to offer a full range of financial services
  • Guadalupe Bank
  • 1309 Bandera Hwy, Kerrville, TX, 78028
  • Guadalupe Bank was built by locals, for locals. We pride ourselves on the fact that our decisions are made locally by people who live in our community, value relationships with our customers, and genuinely understand local needs. We have a commitment to every single customer and to the people and small business owners in our community.
  • US Mortgage Lenders
  • 230 Castle Pines, Kerrville, TX, 78028
  • US Mortgage Lenders, I not only have access to leading national lenders, but I have access to funding sources not readily advertised, with lenders you wouldn’t think to look for. Undoubtedly, I can find more competitive mortgage rates than banks and other traditional mortgage firms.
  • Tampa Bay Home Experts
  • 324 N Dale Mabry Hwy, Suite 100, Tampa, FL, 33609
  • Julia Lysenko is a Mortgage Banker. She has a reputation for going the extra mile for her clients and achieving great results. She specializes in helping people purchase homes, refinance their home and even helping foreign nationals purchase property in America. Julia is passionate about her career and her clients.