USDA Vs. FHA Pro and Con comparison in Carrollton, Isle of Wight County, VA
In the year 2026, the USDA loan limit for Carrollton, within the county of Isle of Wight, VA, is $391,000. Meanwhile, for a single-family residence, the FHA limit is $507,150.
Utilize the Lendersa® USDA loan calculator to compare the best rates for USDA versus FHA today and identify the income, credit, reserves, and documents essential for qualification. Our advanced calculator shows USDA, FHA, Conforming, and VA next to each other, helping you pinpoint which program in fits your financial scenario best.
Loan limits and down payment needs for 2026 in Carrollton, Isle of Wight, VA
Loan Type
Loan Limit
Down payment
USDA
$391,000
0%
FHA
$507,150
3.5%
Conventional
$726,200
3%
Options for USDA and FHA loans in Carrollton, VA
Lendersa® aims to provide you with the ideal USDA or FHA loan quickly and without fuss. Begin with one of three choices leading to matching lenders and USDA loan options.
The USDA home loan, supported by the Department of Agriculture and also known as a USDA rural development loan or USDA mortgage, is available solely in rural areas. In contrast to FHA loans, which mandate a down payment of 3.5%, USDA loans do not require any down payment.
1st Advantage has long been a Virginia-based credit union focused on you, our member. As a not-for-profit financial institution, we're structured to save you more money and pay you higher dividends while providing convenient tools and personal, knowledgeable service and 1st Advantage Federal has grown from a cigar box with $500 to local community.
Virginia Educators Credit Union (VECU) is a financial organization established and directed by members of the educational community in the cities of Newport News, Williamsburg, and their surrounding counties. The credit union was established in 1954 as the Warwick Teachers’ Association Credit Union.
In 1928, nine shipyard workers from Newport News Shipbuilding formed an organization with a specific purpose as a low-interest source of loans and a trusted place to deposit money. Today, BayPort Credit Union is rated a Superior 5-Star Credit Union by Bauer Financial, managing $2.2 billion in assets
11815 Fountain Way, Suite 300, Office 364, Newport News, VA, 23606
Lends in Virginia
At Allegiance Home Lending, our mission is to provide our clients with high-quality mortgage brokerage services, serving them with honesty and integrity. We strive to make the process easier by educating and handholding them each step of the way. We focus on obtaining the lowest rates
11815 Fountain Way, Suite 300, Newport News, VA, 23606
Lends in Virginia
MMMT Mortgage is a premier mortgage company that has been serving home buyers in Virginia and Maryland since 2006. I am a licensed and experienced loan officer with wide-ranging trade expertise and a lifelong passion for assisting people in need. As your mortgage broker, I promise to use my skills, products, and network to serve you.
742 Thimble Shoals Boulevard, Suite A, Newport News, VA, 23606
Lends in Virginia
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
11780 Jefferson Ave, Suite C, Newport News, VA, 23606
Lends in Virginia
Old Point is a family of organizations designed to meet all of your financial needs. Their employees live, work, and shop in the footprint in which they serve, and they pride themselves on creating a better community every day. Visit OldPoint.com to discover Old Point National Bank, Old Point Trust, Old Point Mortgage, and Old Point Insurance.
11864 Canon Boulevard, Suite 103B, Newport News, VA, 23606
Lends in Virginia
For over 30 years, garrett Realty Partners have been realty experts in Hampton Roads because of their knowledge of the area, the innovations they've made in the real estate industry, their passion for helping people and the opportunities they provide to their clients and their agents.
Hampton Roads Educators Credit Union, Inc. was chartered on March 10, 1954, when several educators saw the need for a financial institution that could assist school employees. These visionaries came together, and under the direction of Laura W. Twyford, the Hampton Education Association Credit Union was formed.
