USDA Vs. FHA Pro and Con comparison in Monterey, Putnam County, TN
In 2025, the USDA loan limit for Monterey within Putnam County, TN, is set at $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to evaluate and contrast today’s top USDA and FHA rates. Identify the necessary income, credit, reserves, and documentation requirements to qualify. Our advanced mortgage calculator provides a side-by-side comparison of USDA, FHA, Conforming, and VA loan options, helping you choose the best plan for your financial situation in .
2025 Loan Limits and Downpayment Requirements in Monterey, County of Putnam, TN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Discover USDA and FHA Loan Options in Monterey, TN
At Lendersa®, our goal is to secure the best USDA or FHA loan for you quickly and effortlessly. Choose from one of three initial paths that connect you with appropriate lenders and USDA loan programs.
A USDA home loan, supported by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is exclusively available in rural areas. While FHA loans require a minimum down payment of 3.5%, USDA loans require no down payment at all.
Bank of Frankewing, a 100-year-old financial services institution, serves southern, middle Tennessee and northern Alabama with personalized, friendly banking opportunities. Bank of Frankewing is an independent institution focusing on the needs of our communities by offering a comprehensive range of personal and business banking services
Morgantown Bank & Trust is an independent financial institution which strives to be an asset to our communities through community involvement. We understand the importance of our employees and strive to attract, develop, and retain employees of the highest character and competence.
Fahe Loan Servicing emphasizes quality customer care and personalized account management on the mortgages we service for Fahe, its partners, and our borrowers. By utilizing our experienced team, smaller nonprofits are able to keep overhead low. For Members whose primary function does not involve financials,
Nantahala Bank was organized in 2004 as a state-charted bank and is headquartered at 120 Siler Road, Franklin, NC. We have around 530 shareholders with the vast majority of those living in the communities we serve: Franklin (Macon County, NC), Hayesville (Clay County, NC) and Murphy (Cherokee County, NC).
Since 1934 we have been a hometown bank with your needs as our number one priority. That is why we offer a wide variety of products and friendly, reliable service-all in three convenient locations. From checking accounts to savings, loans, and investment opportunities, we offer the latest in financial services.
209 N Mulberry St, Suite 100, Elizabethtown, KY, 42701
United Residential Mortgage is a residential mortgage company located in Elizabethtown, KY, allowing us to serve our regional market in the state of Kentucky with a centralized location. We offer virtually every mortgage product and option available in the marketplace today including but not limited to VA, USDA/Rural Housing,
300 W. Dixie Ave, Suite 5, Elizabethtown, KY, 42701
Avid Mortgage Advisors is the market leader in Hardin County and surrounding areas for personalized mortgage solutions, fast customized quotes, market leading rates and closing costs, and service with integrity. We are proud to serve the Heartland of Kentucky!Specializing in VA, USDA, FHA, Conventional, & Farm Loans.
Lewisburg Banking Company was chartered on February 10, 1894. There were 35 original stockholders. The bank was chartered with 150 shares with each share selling for $100; thus making a capital investment of $15,000.
An organizational meeting of the stockholders of the proposed banking company to be located at Lewisburg, Logan County, Kentucky.
