USDA Vs. FHA Pro and Con comparison in Danville, Danville County, VA

In the year 2025, the USDA loan cap for Danville, in the county of Danville, VA, is $285,000, whereas the FHA limit for a single-family dwelling is $472,030.

Take advantage of the Lendersa® USDA loan calculator to contrast the best current USDA and FHA rates. You can determine the necessary income, credit score, reserves, and documents for eligibility. Our comprehensive mortgage calculator allows a side-by-side comparison of USDA, FHA, Conforming, and VA loans, helping you identify the most suitable program for your unique financial circumstances in .

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Loan limits and down payment requirements for 2025 in Danville, {CITY2}, VA

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Options for USDA and FHA loans in Danville, VA

The main mission of Lendersa® is to quickly connect you with the best possible USDA or FHA loan, without unnecessary complications. Choose from three starting options to connect with lenders and discover USDA loan opportunities.

Results of Lendersa USDA loan matching

Understanding USDA Loans in VA

The USDA home loan, also termed as the USDA rural development loan or USDA mortgage, is backed by the government via the Agriculture Department and available only in rural areas. Unlike FHA loans, which need at least a 3.5% down payment, USDA mortgages require no down payment at all.

Enter your location to find out if it qualifies for USDA rural housing loan?



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