USDA VS FHA in Millington, Shelby County, TN

For 2026, within Millington, part of Shelby county, TN, the USDA loan cap is $336,500, whereas the FHA cap for single-family homes is $472,030.

Use Lendersa®'s USDA loan calculator to compare excellent USDA and FHA rates currently available. Understand the required income, credit score, reserves, and paperwork to qualify. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA loans side by side, assisting you in choosing the most suitable program in for your financial circumstances.

Explore loan offers from 100 lenders

2026 Loan Caps and Down Payment Needs in Millington, Shelby County, 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 Options in Millington, TN

Lendersa®'s aim is to efficiently secure the best USDA or FHA loan without complications. Choose from three starting strategies to align with lenders and USDA loan options.

Lendersa USDA loan request and matching results

Understanding USDA Loans in TN

The USDA home loan, backed by the Department of Agriculture and also known as the USDA rural development loan or USDA mortgage, is exclusive to rural areas. Unlike FHA loans that require a minimum 3.5% downpayment, USDA loans require none, providing a great opportunity for qualified borrowers.

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



  • Grandbridge
  • 4938 Brownsboro Rd, Louisville, KY, 40222
  • "We specialize in commercial and multifamily real estate capital markets financing, servicing loan portfolios, providing asset and portfolio management, and real estate brokerage services on a national basis.
    We're ranked a ""Strong"" Commercial Loan Primary Servicer by S&P Global Ratings and have broad capital provider base of over 100 sources"

  • A-1 Mortgage, LLC
  • 7410 New La Grange Rd, Suite 108, Louisville, KY, 40222
  • Raised in Kentucky, I love being able to help others achieve their dreams to live in this great state. I have been in the mortgage business for over ten years, initially starting my career within our family owned mortgage company, A-1 Mortgage Company, Parker Services. After my family retired, I broadened my knowledge in the field with a position

  • Surepoint Equity
  • 8001 Lyndon Centre Way Suite 101, Louisville, KY, 40222
  • SurePoint Equity LLC is a Local, Private Lender specializing in Fix and Flip and Rehab and Refi renovation loans for Real Estate Investors. We are well capitalized, have very competitive rates and can close as fast as 5-7 business days. We typically lend up to 90% of the purchase price, plus 100% of renovation costs and don't require monthly paymen

  • Arcola First Bank
  • 127 South Oak Street, Arcola, IL, 61910
  • Arcola First Bank is a branch office of Arcola First Bank. They provide the following services: Full Service Office Location & are located at 127 South Oak Street in Arcola Illinois.
    Mobile & traditional directions to this location can be found below along with ratings, their phone number, online banking website and additional banking information

  • Foothills Federal Credit Union
  • 956 Mulberry Street, Loudon, TN, 37774
  • Foothills Federal Credit Union was chartered as UC Employees Credit Union in 1962 to serve employees of the Union Carbide Company in Loudon, Tennessee. In 1983 we expanded our charter to include numerous employee groups. In 2001, we changed our name to Foothills Federal Credit Union to reflect our diverse groups of members. In November of 2005, we

  • Tri-County Trust Company
  • 103 Commerce Street, Glasgow, MO, 65254
  • Tri-County Trust Company has remained an independent, locally owned bank. Only three families have held a majority stock interest in the bank: The Kallmeyer family, the Bob Himmelberg family and the Bob Monnig family. Most importantly, the many loyal customers and dedicated employees throughout the years have made Tri-County Trust Company the succe

  • Northeast Regional Credit Union
  • 514 Broaday, Hannibal, MO, 63401
  • Northeast Regional Credit Union is a non-profit organization owned and operated by its members for the benefit of all who belong.

    Any employee who works at one of our select employee groups is able to belong. Family members of those employees are also eligible. Our eligible employee groups are listed below.

  • Community First Credit Union
  • 6460 Interstate Court, Hannibal, MO, 63401
  • Community First Credit Union was chartered in July of 1952 in the state of Missouri originally as Division #3 Highway Credit Union, and serves anyone who lives or works in Marion and Ralls Counties.

    Immediate family members of existing members are also eligible to gain membership in the credit union.

  • Hannibal National Bank
  • 100 N Main St, Hannibal, MO, 63401
  • HNB Bank, n.a. was originally organized in May1888 as the Bank of Hannibal. The building on the corner of Main & Broadway in Hannibal, Missouri was constructed in 1889 and today, remains the bank’s corporate headquarters. In 1903 the bank applied for and was granted a national charter and became Hannibal National Bank.

  • F&M Bank and Trust
  • 505 Broadway, Hannibal, MO, 63401
  • F&M Bank is truly a neighborhood, hometown, community bank with locations in Hannibal and Monroe City. Founded in 1870 by the friends and family of Mark Twain, we are the area’s oldest locally-owned community bank. We are proud to be celebrating our 150th year of providing our customers a wide range of banking services.

  • BELL FINANCE & DIAMOND FINANCE
  • 623 N Broadway, Suite B, Moore, OK, 74401
  • About Bell Finance/ Diamond Finance Signature Loans in Oklahoma
    Signature Loans are personal loans that rely on your signature to repay. This is a financial product that many people use all the time. With this type of loan, borrowers do not have to pledge collateral, such as their homes, businesses or automobiles

  • Muskogee Federal Credit Union
  • 4595 S. Muskogee Ave, Tahlequah, OK, 74401
  • MFCU has an option that’s right for you. We offer a range of services, accounts, loans, and investment opportunities. On January 28, 1936 an organizational meeting was held to establish a Credit Union for the employees of the Veterans Administration Facility and their families. Those present applied for a charter in the name of U.S. Veterans Facili