USDA and FHA Pro and Con in Cloverdale, Botetourt County, VA
In 2026, the USDA loan limit in Cloverdale, located within Botetourt county of VA, is set at $336,500. Meanwhile, the FHA limit for a single-family home stands at $472,030.
Utilize the Lendersa® USDA loan calculator to compare today's top USDA vs. FHA rates. This tool assists you in determining the needed income, credit score, reserves, and documents for qualification. Our advanced mortgage calculator lets you evaluate USDA, FHA, Conforming, and VA side by side, helping you make the best choice on which program in suits your financial scenario best.
2026 Loan Limits and Downpayment Requirements in Cloverdale, County of Botetourt, VA
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 Options in Cloverdale, VA
Lendersa®'s mission is to provide you with the best USDA or FHA loan efficiently, with no hassle. Choose from one of three paths to match with suitable lenders and explore USDA loan programs that align with your needs.
A USDA home loan, more commonly known as a USDA rural development loan or USDA mortgage, is backed by the government’s Department of Agriculture. Exclusively available in rural areas, these loans require no down payment, in contrast to FHA loans that mandate at least a 3.5% down payment.
Freedom First is a member-owned, federally insured community financial institution headquartered in Roanoke, VA since its founding in 1956. What sets us apart is that our shareholders are our members — which means that we put our community first. In fact, while most banks evaluate their worth by how much money they keep
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“When I bought my first house, I realized how confusing the mortgage process could be."
This credit union is a member-owned, democratically operated, not-for-profit organization managed by a board of directors, with the specified mission of meeting the credit & savings needs of consumers, especially persons of modest means. The purpose of this credit union is to promote thrift among its members by affording them an opportunity.
Roanoke Valley Community CU, a member-owned, democratically controlled financial cooperative that exists "Not for Profit, not for Charity, but for Service, " is committed to serve the financial needs of our membership. It is our responsibility to maximize the benefits to our members while maintaining financial stability.
Member One Federal Credit Union is a full-service, member-owned financial institution serving the needs of its communities for more than 80 years. Member One is headquartered in Roanoke, VA and serves over 120, 000 members, is more than $1 billion in assets, operates 15 branch facilities.
We believe working with our friends & neighbors means we can offer more personal,more individualized service than you might get elsewhere.The mortgage loan expert who begins the process with you will work with you all the way through closing. They’ll answer questions,openly sharing advice & helping through all the steps until your loan is approved.
Blue Eagle® Credit Union has served the greater Roanoke and Lynchburg areas for nearly 70 years as a member-owned, local not-for-profit financial cooperative with a passion for enriching lives. Credit Union has served the greater Roanoke and Lynchburg areas for nearly 70 years as a member-owned, local not-for-profit financial coop
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KEMBA has been providing families financial security for well over seventy-five years. Since we're a non-profit financial institution, we return our profits back to our members in the form of better rates, lower fees, and free or low-cost services. We are run by a volunteer board of directors elected by members like you.
