USDA Vs. FHA your options comparison in Lakeland, Shelby County, TN
In 2026, the USDA loan limit for Lakeland, located in the county of Shelby, TN, is $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.
Utilize Lendersa® USDA loan calculator to compare today's top USDA versus FHA rates, and determine the income, credit, reserves, and documents needed for qualification. With our advanced mortgage calculator, you can see USDA, FHA, Conforming, and VA options side by side, helping you decide which program suits your financial needs in Alabama.
2026 Loan Limits and Downpayment Requirements in Lakeland, Shelby, 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 Lakeland, TN
Lendersa® commits to quickly securing the best USDA or FHA loan without hassle. Choose from three starting options to be matched with ideal lenders and USDA loan programs.
A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is secured by the U.S. Department of Agriculture and is available solely in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA mortgages require none.
We are passionate about giving our customers and the communities we serve, an experience that is Unbelievably Good. Member FDIC. Equal Housing Lender
First Citizens National Bank operates from 25 locations in the state of Tennessee. Established in 1889 in Dyer County, the bank serves markets throughout eleven Tennessee counties.
Our mission is to financially counsel and serve members of the health care community with a full range of quality financial services which are competitive, and promote the financial well-being of our membership and the overall safety and soundness of our organization. HealthNet Federal Credit Union was founded in 1955 to serve the financial needs.
13690 Highway 51 South, Suite 107, Atoka, TN, 38004
Lends in Tennessee
The West Tennessee Credit Union is a Not-for-Profit Mutual Benefit Financial Cooperative serving its members who share a common bond with high quality, friendly, fair, and courteous services while maintaining long-term financial stability and safeguarding the members' assets. We've proudly been serving members' needs since 1967!
Patriot Bank is a full-service bank with a focus on community service. The bank serves the growing markets of Shelby County, Tipton County and Fayette County with a wide range of consumer and commercial accounts and a mortgage division. Patriot Bank opened in Millington in October 2001 and has grown to eight full service banks in Arlington
We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention. Patriot Bank Mortgage offers mortgages in Memphis, Shelby, Tipton and Fayette County markets. We also serve the surrounding areas.
"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.
L G & W Federal Credit Union is dedicated to serving and supporting the MLGW family with the financial products and services they want and need. Our friendly and knowledgeable staff has just one goal-to serve you! Unlike some larger financial institutions, we see you as a unique person, not just another account number.
Hometown Captial Group 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.
