USDA Vs. FHA Pro and Con comparison in Erwin, Unicoi County, TN
In the year 2025, within Erwin located in the county of Unicoi, in the state of TN, the USDA loan limit is established at $336,500. Concurrently, the FHA loan limit for a single-family home is set at $472,030.
Make use of the Lendersa® USDA loan calculator to weigh current top USDA versus FHA rate options and evaluate the necessary income, credit scores, financial reserves, along with the documentation needed to meet qualification criteria. Our sophisticated mortgage calculator allows you to view USDA, FHA, Conforming, and VA options in a side-by-side comparison. This assists you in identifying which program best suits your distinctive financial needs within the state of .
2025 Loan Limitations and Down Payment Guidelines for Erwin in Unicoi, TN
Loan Category
Ceiling Amount
Minimum Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Erwin, TN
At Lendersa®, our aim is to ensure you secure the most favorable USDA or FHA loan promptly and without complications. Choose from three introductory approaches that facilitate engagement with corresponding lenders and specialized USDA loan programs.
A USDA home loan is one that is assured by the government through the Department of Agriculture, commonly known as the USDA rural development loan or USDA mortgage. This loan option is exclusively available in rural areas. In contrast to FHA loans, which require at least a 3.5% down payment, the USDA mortgage enables financing with zero down payment, offering considerable advantage to those eligible.
First State Bank & Trust Company began serving Panola County residents in 1902. Since its inception, First State Bank & Trust Company has seen more than a century’s worth of growth, economic change and technological advancement, yet our dedication to providing high-quality financial services remains steadfast.
University Credit Union was established in 1947 as the University of Miami Credit Union to serve the University of Miami faculty, staff, and alumni. In 1982 the field of membership (FOM) was expanded to include Florida International University and the name was changed to University Credit Union.
We are the full-service, not-for-profit financial institution dedicated to serving employees, students, volunteers and retirees of Baptist Health South Florida. Personalized service since 1961. As a Credit Union, we specialize in great rates, low fees and personalized service for our members.
13590 Southwest 134th Avenue, Suite 208, Miami, FL, 33186
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
13170 Southwest 128 Street, Suite 203, Miami, FL, 33186
We focus on first time home buyers, down payment assistance, refinance, FNMA Home Path, Rehabilitation Loans 203K, Foreign National, Private Lending and Commercial Loans.FHA, VA, CONV. We focus on first time home buyers, down payment assistance, refinance, FNMA Home Path, Rehabilitation Loans 203K, Foreign National,
Bravo Mortgage LLC is a mortgage brokerage covering all of Florida and is based out of Miami-Dade county. Our loan officers work to secure the lowest mortgage rates available for you in the market.brokerage covering all of Florida and is based out of Miami-Dade county. Our loan officers work to secure the lowest risk.
At America's Family Finance, our focus is always Family. We understand the importance and the milestone it is to own a home. Whether you're a first time home buyer, rookie investor, experienced investor, or even a repeat refinance customer, our goal is to provide an unparalleled experience through education/communication,
Prosler Corp. exists to aid the everyday South Florida consumers and businesses in dealing with the legal and financial hassles associated with mortgages. Whether you are a first time home buyer, are constructing your home, or refinancing, Prosler will use it's contacts and experience to get you great results.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Strock & Tanner is committed to providing both quality and efficient Reverse Mortgage services to the senior community throughout the States of Florida. We work diligently to find new and creative ways to meet the personal needs of each of our clients on an individual basis. The customer for life principle of doing business fuels every aspect.
