USDA and FHA Pro and Con in Martinsville, Martinsville County, VA
In 2026, the USDA loan limit for Martinsville, in the county of Martinsville, VA is set at $336,500. For a single-family home, the FHA limit is $472,030.
Utilize Lendersa®'s USDA loan calculator to compare today's top rates for USDA versus FHA loans. Determine the income, credit score, reserves, and documents you need to qualify. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA options side by side, aiding you in choosing the best program for your unique financial situation in .
Loan Limits & Downpayment Requirements for 2026 in Martinsville, Martinsville, VA
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options Available in Martinsville, VA
The goal of Lendersa® is to swiftly provide you with the best possible USDA or FHA loan without hassle. Begin by choosing one of three starting points that connect you to matching lenders and USDA loan programs.
A USDA home loan is a government-guaranteed loan by the Department of Agriculture, also known as the USDA rural development loan or USDA mortgage. It's exclusively for rural areas and unlike FHA loans, which require a minimum 3.5% down payment, USDA loans need no down payment at all.
ValleyStar Credit Union has been serving businesses and families like yours since 1953. It’s our mission to make banking and managing your finances as easy and convenient as possible. We want to get beyond the dry language of mortgages, loans, accounts and credit cards to what you really care about.
Martinsville First Savings Bank came to life in 1924 when local businessmen saw a need for mortgage lending to help the growing city of Martinsville prosper. We have thrived through decades of change and have been a source for mortgages and banking in the community since day one – supporting local organizations and initiatives along the way.
At Movement Bank, we’re leading a Movement of Change to make banking enjoyable and empowering by introducing healthy, faithful, and innovative tools to help you maintain financial health. Our bank was founded by African-Americans in 1919 to serve people who had been turned away by other institutions.
American National Bank & Trust Company, we believe being local is more than just having an office in the community. It's about looking out for our customers with better banking options and quick, local decisions. It's about supporting local community organizations and working with local businesses that are so vital to our communities.
URW Community Federal Credit Union has been open since 1970. The credit union has assets totaling $224.47 Million and provides banking services to more than 32, 000 members as of March 2022.
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a mem
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
"ALCOVA Mortgage started with a friendship. Bound by a common background and inspired by a passion to serve, childhood friends Bobby Nicely, Billy Siple and Rob Lindstrom dreamed of one day starting a business.
“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.
