USDA and FHA Pro and Con in Oak-Ridge, Anderson County, TN
In 2026, the maximum USDA loan amount for Oak-Ridge, located in the county of Anderson, TN, is set at $285,000. In contrast, the maximum limit for FHA for a single-family home is $356,362.
Employ the Lendersa® USDA loan calculator to evaluate today's USDA against FHA top rates. This will also help establish the necessary income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side by side, assisting you in choosing which program is optimal for your financial scenario in Alabama.
2026 Loan Limits and Down Payment Requirements in Oak-Ridge, County of Anderson, TN
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Alternatives in Oak-Ridge, TN
Lendersa® aims to swiftly secure the most favorable USDA or FHA loan for you with minimum effort. Choose from three starting points that connect you with suitable lenders and USDA loan plans.
A USDA home loan, commonly referred to as a USDA rural development loan or USDA mortgage, is secured by the U.S. Department of Agriculture and is accessible only in rural localities. Unlike FHA loans that mandate a minimum down payment of 3.5%, the USDA mortgage requires zero down payment, representing a significant advantage.
TN Members 1st was Oak Ridge’s first credit union chartered by the Federal Government to service the employees of the Department of Energy. In October 2005, TN Members 1st received its community charter for Anderson, Knox, and Roane counties. Tennessee Members 1st Federal Credit Union exists to provide quality financial services for its members.
Kimberly Richards President has been in the industry since 1985. She has worked as a forensic underwriting auditor with the federal government and private investors; operated several mortgage branches in TN, TX, GA, MS, and AL; and knows every step of a loan from beginning to end.
Y-12 Federal Credit Union is a federally chartered not for profit organization, owned by its members, offering a wide range of financial services to its members/owners. The Credit Union was chartered in 1950, to serve the employees of the Union Carbide Y-12 Nuclear Weapons Production Plant.
Enrichment Federal Credit Union opened its first small office In 1950, as K-25 Federal Credit Union to provide financial services to the employees of the Oak Ridge Gaseous Diffusion Plant (K-25). The K-25 plant enriched uranium as part of the Manhattan Project. In 2003 we converted to a community charter which expanded our field of membership.
ORNL Federal Credit Union (FCU) is a not-for-profit, member-owned financial cooperative benefiting all who belong. Since 1948, our mission has been to help our members create healthy relationships with their money. By helping hundreds of thousands of members see success, we have become one of the largest credit unions in East Tennessee.
First Choice Lending Services can help you achieve your goals. To set up the right Knoxville, TN Mortgage plan for you, get in touch with us. At First Choice Lending Services, we have a better way. We try to build life-long relationships with our customers by giving them the best deal on their home mortgage, at the lowest rate.
SouthEast Bank has become a premiere financial institution in Tennessee by delivering exceptional quality service, & innovative Banking products to its clients. Our experienced staff diligently serves our communities with integrity and a sense of pride by offering exceptional service & value to not only our customers, but the community as a whole.
Established in 2000, Creative Mortgage Solutions offers loan assistance, financing and ReFinancing options, and advice from Licensed Mortgage Brokers in the state of Tennessee. Are you thinking about moving but don’t have the money to? By utilizing our loan services, you can always afford that dream home you’ve been looking at for months.
412 N. Cedar Bluff Road, Suite 200, Knoxville, TN, 37923
Lends in Tennessee
Founded in 1978, First Southern is an independently owned full service commercial real estate capital firm. Our services are broad based and include permanent debt financing, construction financing, bridge financing, forward funding commitments, joint-venture equity programs, preferred equity, mezzanine debt, tax-free financing,
