USDA and FHA Pro and Con in Melissa, Collin County, TX
For 2025, the USDA loan limit in Melissa, located in Collin, TX, is $360,600. Meanwhile, the FHA limit for a single-family residence is $531,300.
Leverage the Lendersa® USDA loan calculator to analyze current USDA versus FHA rates and determine the necessary income, credit reserves, and documentation for qualification. Our advanced mortgage calculator lets you compare USDA, FHA, Conforming, and VA options side-by-side, helping you choose the right program for your financial needs in .
2025 Loan Limits and Down Payment Requirements in Melissa, Collin, TX
Loan Type
Loan Limit
Down Payment
USDA
$360,600
0%
FHA
$531,300
3.5%
Conventional Conforming
$726,200
3%
Navigating USDA and FHA Loan Options in Melissa, TX
Lendersa® aims to quickly find you the most favorable USDA or FHA loan without any hassle. Begin with one of three starting options that match lenders with the right USDA loan programs.
The USDA home loan is backed by the U.S. Department of Agriculture, also referred to as USDA rural development loan or USDA mortgage. It's designed for rural neighborhoods only. Unlike FHA loans which mandate a minimum down payment of 3.5%, USDA loans do not require any down payment.
Falcon’s current owners acquired the bank in 1995, the staff consisted of only 20 employees and $52 million in assets. Today, with the benefit of steady leadership, talented employees and a loyal clientele, Falcon is celebrating its 35th year anniversary and is the 75th largest bank in Texas and is proud to have over 350 dedicated bankers on its te
GEO Mortgage Services, Inc., we are committed to helping you find the right mortgage loan that fits your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual needs. With many satisfied customers, our staff works to provide you with the lowest rates and the best service in the area.
Here at Community Partners FCU, we are dedicated to you and all your financial needs.
We've been around since 1971and with over 500 members and assets over $5 million, we strive to assist our members in receiving the best interest rates, loans, and member benefits.
Our most important asset is our members.
Barton Plant Employees' Federal Credit Union is a member-owned and operated financial institution, existing to help achieve the financial needs of our members, through dedicated and efficient personal service.
Once you become a member, you are always a member, as long as your account remains open.
1590 W Causeway Approach, Suite 4, Mandeville, LA, 70471
"Nations Loan Services specializes in the United States Department of Agriculture (USDA) Business and Industry (B&I) loan program.
Nation Loan Services understands the processes required for government loan approval and work to expedite the process for each of our borrowers and banks.
1795 W Causeway Approach, Suite 103, Mandeville, LA, 70471
First Access Mortgage LLC, 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
What today is Legends Bank was established in 1913 in the community of Rich Fountain, Missouri, as the Rich Fountain Bank. It was one of the few banks in Osage County to survive the Great Depression. In fact, its move to Linn in 1936 was the result of the failure of all of the banks which had been operating in Linn.
United Community Bank is a full-service financial institution offering all the things that bigger banks offer, and one thing they don't: local people with a commitment to providing personal service and United Community Bank was formed in 1964 in Lafourche Parish. Over the years we've branched out to serve a five-parish region covering Lafourche.
