USDA Vs. FHA Pro and Con comparison in Waco, McLennan County, TX
In Waco, situated within McLennan County, TX, the USDA loan limit for 2026 is $336,500. Meanwhile, for a single-family home, the FHA limit is $472,030.
With the Lendersa® USDA loan calculator, you can explore today's top USDA and FHA rates and identify the income, credit, reserves, and documentation necessary for qualification. Our cutting-edge mortgage calculator offers a comparative look at USDA, FHA, Conforming, and VA options, assisting you in choosing the best program for your financial scenario in .
2026 Loan Limits and Down Payment Requirements in Waco, McLennan, TX
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Choices in Waco, TX
Lendersa® seeks to swiftly secure the most suitable USDA or FHA loan for you, with minimal difficulty. Choose any of the three initial services that will match you with lenders and relevant USDA loans programs.
The USDA home loan is a government-backed loan through the Department of Agriculture, known as the USDA rural development loan or USDA mortgage, and is available exclusively in rural locales. Unlike FHA loans, which mandate a down payment of at least 3.5%, the USDA mortgage does not require a down payment at all.
At Community Bank & Trust, our mission statement is "Serving Beyond Expectations." By making this statement, we are making a pledge that our core purpose is to provide quality financial services with excellence and professionalism to Central Texans. Community Bank & Trust was founded in 1952 as a customer-oriented, convenient bank.
Highway District 9 Credit Union was chartered July 28, 1953, serving the Texas Department of Transportation (TxDOT) District 9 employees and their family members. Highway District 9 Credit Union has always been committed to the best interest of our members. That’s why we were founded in the beginning, and it’s something we still believe in today.
NeighborWorks® Waco is a non-profit organization whose mission is to build stronger neighborhoods through homeownership, quality rental housing and community-building initiatives. Our team will continue work both on site and remotely, and will be available by mail and phone. We have decided to temporarily.
Waco Federal Credit Union To provide a safe and financially sound institution where members can invest their savings with peace of mind and assurance that their financial needs will be met with ethical and responsible, friendly service. The commitment to providing competitive rates, both dividends on savings and interest on loans.
Linkage Credit Union has been open since 1931. The credit union has assets totaling $17.59 Million and provides banking services as Waco Texas Federal Employees Credit Union. Over the next 81 years, our name changed to Postal Employees Credit Union to Waco Postal Credit Union and now Linkage Credit Union
Central National Bank was founded in Waco in 1977 as a “neighborhood bank." After two decades of growth and poised as Waco’s Leading Independent Bank, Central National Bank expanded into Temple and Austin to serve Central Texans along the I-35 corridor from Waco to Austin, with 40 years of service and approximately $1 billion in assets.
GENCO Federal Credit Union was originally created to meet the financial needs of employees of the General Tire and Rubber Company (Waco Plant) and their immediate families. GENCO's first office building was built in 1960 at 1905 Kendall Lane. GENCO's Board of Directors decided to purchase a building in the heart of the Waco business.
First Central Credit Union is a Financial Services company located in Central Texas, United States. We are a not-for-profit credit union meaning we pass along to you savings and funds from profits as less fees and better rates -- as we provide secure competitive financial services, Exceeding the needs of our members.
At The First National Bank of Central Texas, we see a true value in personal service. When you call our bank a knowledgeable banker will receive your call, no automated voice response system. We continually strive to embrace technology in order to improve convenience and efficiency, but we are conscious to not allow these technological tools.
