In 2026, the USDA loan limit in Memphis, located in Shelby county, TN, is $336,500. In contrast, the FHA limit for a single-family home is $472,030.
Use the Lendersa® USDA loan calculator to compare today's top USDA versus FHA rates, figuring out the income, credit, reserves, and documents required for qualification. The advanced mortgage calculator provides a side-by-side view of USDA, FHA, Conforming, and VA loans, helping you determine the best fit for your financial circumstances in .
2026 Loan Limits and Downpayment Details in Memphis, 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 Memphis, TN
Lendersa® aims to efficiently secure for you the best USDA or FHA loan quickly and without hassle. Choose one of three starting pathways that align you with suitable lenders and USDA loan programs.
A USDA home loan, often called a USDA rural development loan or USDA mortgage, is guaranteed by the government Department of Agriculture. These loans are uniquely available in rural areas, requiring no down payment, unlike FHA loans which require at least a 3.5% down payment.
MNB is a full service community Bank committed to providing top quality personal and business financial services, delivered by associates who are dedicated to the highest level of personal service. Since 1934, we have been providing professional Banking services to central Arkansas.
New Castle Mortgage is a major producer of Reverse Mortgage loans in Tennessee, owned & operated by Tennesseans, purely specializing in Reverse Mortgages. As a consumer you can be certain we are credible, qualified, & experienced.Mike Holton and Catherine Holton, each have over 20 years’ experience originating FHA loans throughout the state of TN.
5115 Maryland Way, Suite 124, Brentwood, TN, 37027
P3 Home Loans serves all of Tennessee, making sure to save local home owners money and time. Rod Freeman is the voice of P3 Home Loans and has managed the success of hundreds of clients’ mortgage closings. When it comes to getting the lowest rate and the quickest mortgage approval, you can depend on our mortgage professionals.
"MCL Private Lending is a direct private money lender that was established to provide time sensitive, creative, short term financing to builders, developers, and real estate investors.
MCL Private Lending is Nashville’s leading direct, private money lender. Based in Brentwood, Tennessee,
Lifestyle-Mortgage.com, I believe in providing our clients with the utmost in VALUE. VALUE is not just found in the price you pay for a service, but in the sum total of the service you receive.
By providing the Highest Level of customer SERVICE to our clients we are able to soothe the apprehension of applying for, and your experience with, the
Bank of Lincoln County is known for being the only “Home-Owned” and “Home-Operated” bank in Lincoln County. We want to know you so we can provide you with the products and services that fit your lifestyle. We understand that businesses are the backbone of our community, so we deliver sophisticated business products
Ozarks Federal Savings and Loan Association is different from other area banks. Even our name is different. We were designed differently almost a century ago. This safe and secure bank is simple and fair by design. Since 1930, our depositors bring their checking and savings here so that borrowers can buy or build homes.
