In 2026, the USDA loan limit for Chincoteague, situated in Accomack county, VA, is set at $336,500, whereas the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to compare the top USDA vs. FHA rates available today. This tool helps you determine the income, credit, reserves, and necessary documents for qualification. Our advanced mortgage calculator shows USDA, FHA, Conforming, and VA options side by side, helping you select the best program in
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| Loan Type | Loan Limit | Down Payment |
| USDA | $336,500 | 0% |
| FHA | $472,030 | 3.5% |
| Conventional Conforming | $726,200 | 3% |
The mission of Lendersa® is to swiftly secure the best USDA or FHA loan in a hassle-free manner. Choose one of three starting approaches to connect with matching lenders and delve into USDA loan programs.
A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is guaranteed by the government’s Department of Agriculture and is available exclusively in rural neighborhoods. Unlike FHA loans that require a minimum of 3.5% down payment, USDA loans require no down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
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