USDA Vs. FHA your options comparison in Colorado-City, Mitchell County, TX
In 2025, the USDA loan ceiling for a single-family property in Colorado-City, Mitchell county, TX, stands at $285,000, in contrast to the FHA limit of $356,362. Leverage the Lendersa® USDA loan calculator for a comprehensive comparison of current USDA and FHA rates, assessing necessary income, credit profile, reserves, and documentation for eligibility. Our detailed mortgage calculator juxtaposes USDA, FHA, Conforming, and VA loans, aiding your decision for the most suitable program in <Alabama> for your specific financial requirements.
2025 Loan Limits and Down Payment Requirements in Colorado-City, Mitchell County, TX
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 Colorado-City, TX
The mission of Lendersa® is to provide you with the ideal USDA or FHA loan swiftly and seamlessly. Choose one of three commencement choices designed to align lenders and USDA loan programs effectively.
A USDA home loan is supported by the government Department of Agriculture, also referred to as USDA rural development loan or USDA mortgage. This type of loan is exclusive to rural areas. Unlike FHA loans that demand a minimum 3.5% down payment, USDA mortgages require no down payment, making them more accessible in rural communities.
The First State Bank of Brownsboro was established in 1917 and has been locally owned since that time. We have become known to the community as The "Friendly Bank". Our bank offers an array of personal and business products with loans and deposit accounts that can fit everyone's needs.
On February 15, 1951, a special group of people, inspired by Ralph Burnett, met in a room at Oklahoma Baptist University to establish a credit union. Those original incorporators were Charles V. Manes, Edward Hurt, Jr, Leroy Bond, C.V. Milliken, Clifford J. Smith and Ralph Burnett. On April 9, 1951, Bison Federal Credit Union opened its doors.
Why is First National Bank & Trust Co. your bank for life? You never know where life is going to take you. That's why we know it's important to have a bank that will help you navigate the paths you choose for you and your family. With sound banking practices and a focus on getting to know you and your banking needs,
The staff of High Plains Bank is committed to helping our customers with their banking needs in a safe and secure manner. High Plains Bank has a drive-up at all locations, online banking, mobile banking and of course you may call each branch at any time of operation and we would be happy to help you.
Oklahoma State Bank is proud of its tradition of local ownership and management. For over 90 years OSB has served our local communities with solid banking leadership and a focus on the needs of our customers. Our mission is to meet the needs of our local communities by combining time honored banking principles with a forward thinking approach.
MOPAC Employees Federal Credit Union was chartered in 1936 to serve employees of the International Great Northern (IGN) Railroad. In 1956, the IGN Railroad was merged into the reorganized Missouri Pacific Railroad Company (MoPac). In 1999, Southern Pacific Railroad merged with Union Pacific.
The Columbus State Bank opened for business on August 19, 1919, with Mr. E.B. Mayes as president. Columbus State Bank was located on the corner of Milam and Walnut streets in the remodeled Boedecker building, which was originally constructed in 1857. The bank opened its doors with $50,000 in capital and received $5,398 in deposits on opening day.
Yantis Federal Credit Union is located in Yantis, Texas. The Credit Union was the vision of H.E. Coker and a handful of Yantis residents. Together they generated community interest in the concept of “people helping people.” Yantis Federal Credit Union was granted a Community Charter in August 1955.
