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 .
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.
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.
Liberty Mortgage has been serving the Richmond community with mortgage lending options and superior customer service from experienced local experts. Located in the heart of the fan district in the Branch Museum of Architecture, Liberty Mortgage is one of the only remaining independent mortgage brokers in the city.
Mountaineer Mortgages is owned by Chris Arquette who has over 20 years of mortgage lending experience in the High Country. He's an ASU alumnus who knows what it takes to make your loan process smooth and hassle free. We pride ourselves on exceeding our customer's expectations, working hard to find the best rates and loan options for you.
Partners Financial Federal Credit Union began as Richmond Federal Employees’ Federal Credit Union (later changed to Richmond Federal Credit Union) on May 23, 1958. At the time, membership was limited to employees of the U.S. Government who worked in or who were headquartered in Richmond.
"CapCenter started from a desire to save clients thousands of dollars and provide them with a less stressful home buying, selling and financing experience. Our success comes from our relentless dedication to savings and service for our clients.
We have been nailing it since 1997 and haven’t looked back."
4235 Innslake Drive, Suite 201, Glen Allen, VA, 23060
Benchmark Mortgage Companies, an affiliate of Tidewater Home Funding, LLC, has been helping our neighbors across the Richmond-area and Shenandoah Valley communities realize the dream of homeownership. Processing, underwriting, loan closing, and funding functions are local and performed in-house enabling our team to provide customer service
Towne First Mortgage is your hometown mortgage company. As a division of TowneBank, we uphold the principles and philosophies that have been established by our hometown traditions. Towne First Mortgage is dedicated to providing the personal experience that you expect from a hometown lender with the most advanced technology available.
Atlantic Union Bankshares Corporation is the holding company for Atlantic Union Bank. Atlantic Union Bank has 149 branches located throughout Virginia, and in portions of Maryland and North Carolina. We believe people have a right to expect more from the companies they do business with – and they can expect more from Atlantic Union Bank.
LendingDeck is a nationwide lender that provides short-term fix & flip loans and long-term rental financing for real estate investors. Our loans, often called hard money loans, can be used for purchasing or ReFinancing non-owner occupied residential properties, funding renovation projects, and financing long-term rentals.
