USDA Vs. FHA your options comparison in Crane, Crane County, TX
In the year 2025, the USDA loan limit for Crane, situated within Crane county, TX, is set at $336,500. Meanwhile, for a single-family home, the FHA limit stands at $472,030. Knowing these limits is essential for prospective homeowners as they define the scope of financing available, impacting affordability and purchase power within the locality.
Use the Lendersa® USDA loan calculator to effectively compare the leading USDA and FHA loan rates available today. This tool helps determine the necessary income, credit, reserves, and documentation needed to qualify for loans. It further provides a side-by-side visualization of USDA, FHA, Conforming, and VA loans, assisting you in choosing the most suitable program in tailored to your unique financial situation. Such thorough evaluations are crucial for making informed decisions regarding home financing, tailored specifically to your fiscal needs and ambitions.
2025 Loan Limits and Downpayment Requirements in Crane, Crane County, TX
Loan Type
Loan Limit
Down Payment Percentage
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
These figures are reflective of broader economic trends and policies designed to guide homebuyers in making prudent purchasing decisions that are aligned with their financial strategies and future goals.
Exploring USDA and FHA Loan Options in Crane, TX
The aim of Lendersa® is to ensure you rapidly access the optimal USDA or FHA loan with minimal difficulty. Begin by selecting from three initial pathways, each tailored to align you with lenders and USDA loan offerings relevant to your circumstances. These curated approaches streamline a potentially complex mortgage landscape, providing the clarity needed to pursue the most appropriate mortgage solutions available.
The USDA home loan, sometimes referred to as the USDA rural development loan or USDA mortgage, is secured by the Department of Agriculture. This loan is exclusively for home purchases in rural areas and does not require a down payment, contrasting with FHA loans that require a minimum of 3.5% down. This condition makes USDA loans particularly appealing, as they lower the barriers to homeownership by eliminating upfront costs.
Jefferson Financial Federal Credit Union is a member-owned, not-for-profit financial institution serving more than 50, 000 members with fourteen locations across south Louisiana.
Originally chartered in 1966, the first JFFCU branch was located on the second floor of a floral shop and existed primarily to serve employees
Headquartered in Covington, Louisiana, Resource Bank serves the community through ten branch locations within St. Tammany, Washington, Jefferson, Orleans Parishes and East Baton Rouge Parishes. Established in 1998, the institution is owned and operated by over 450 local shareholders and has created near 160 local jobs.
Established in 1924, we not only help our neighbors achieve their financial goals, but it is an integral part of our mission to use our resources to enhance community life. We do this by investing in the events and organizations that make St. Tammany Parish home. We strive to make a tangible difference in our community.
50 Louis Prima Drive, Suite A, Covington, LA, 70433
Our credit union started as Gulf Employees-Harvey Federal Credit union on October 12, 1955. On January 1, 1975, our name was changed to Gulf Federal Credit Union. On August 28, 1985, we were re-named CUSA Federal Credit Union, as we are today. Later, two other credit unions joined CUSA Federal Credit Union, in 1989, Operators, Inc.
American Bank & Trust Company, Inc. was chartered by the State of Louisiana in 1964. This community bank serves the parishes of Red River, St Tammany, Tangipahoa, and Jefferson. American Bank prides itself as a good citizen in the communities it serves. Local businesses both large and small have grown with us over the years.
Northshore Mortgage Partners is here to handle any of your mortgage lending needs. Our office is conveniently located to serve you in Covington, LA, and we are fully licensed to originate in both Louisiana & Mississippi. We are a true local Mortgage Lender with home loan products for every borrower.
Your one stop mortgage resource. We would love the opportunity to serve anyone who is looking to buy, sell, or refinance residential properties. We can help you in Louisiana, Mississippi, Alabama, & Florida. We Believe every client is unique. You are more than just a loan and a loan should help you achieve your goals and dreams.
522 N New Hampshire St, Suite 7, Covington, LA, 70433
Vista Mortgage offers over 20 years of mortgage lending experience! Our goal is to make the mortgage process simple and stress free. We strive to be there for our clients, and can be reached after hours if neccassary! We are here to make the mortgage process as simple as possible for all of our clients.
We've been helping customers afford the home of their dreams for many years and we love what we do. There are a number of different types of home loans available to you, and it can pay to familiarize yourself with them. Luckily we’re here to help you choose the best type of home loan for your needs.
At Ace Mortgage Company, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
