In 2025, the USDA loan cap in Covington, situated in Covington county, VA stands at $336,500. Comparatively, the FHA limit is $472,030 for a solitary family residence.
Utilize the Lendersa® USDA loan calculator for an insightful comparison of today's USDA versus FHA premium rates. Gauge the requisite income, credit score, financial reserves, and documentation needed for qualification. Our sophisticated mortgage calculator showcases USDA, FHA, Conforming, and VA loan options in tandem, assisting you in deciding on the ideal program in
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| Loan Category | Loan Cap | Initial Payment | |
| USDA | $336,500 | 0% | |
| FHA | $472,030 | 3.5% | |
| Conventional Conforming | $726,200 | 3% |
The mission of Lendersa® is to assist you in securing the finest USDA or FHA mortgage swiftly and effortlessly. Choose one of three initial steps that lead to connecting with lenders and USDA loan schemes.
A USDA home loan is sanctioned by the U.S. Department of Agriculture. Also known as the USDA rural development loan or USDA mortgage, it's restricted to rural zones. Unlike FHA which necessitates a minimum 3.5% down payment, USDA loans mandate none.
Enter your location to find out if it qualifies for USDA rural housing loan?
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