USDA Loan Vs. FHA loan for Salem, VA [Salem County Rates 2023]

In 2025, USDA loan limit in Salem, county of Salem, VA is $285,000 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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USDA and FHA loan options in Salem, VA

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

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What is USDA Loan in Virginia?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

(347) 744-0473 730 miles Lender's profile and map Reviews SWAPAMORTGAGE LLC 805 N. Olive Ave, West Palm Beach, FL, 33401 "We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention. You may also evaluate your different financing options by using interactive calculators and going over various mortgage scenarios."
(561) 820-4895 730 miles Lender's profile and map Reviews Palm Beach First Financial & Mortgage Company LLC 120 South Olive Avenue, Suite 602, West Palm Beach, FL, 33401 Palm Beach First Financial and Mortgage is a leading lender in the West Palm Beach area. Palm Beach First Financial and Mortgage can provide low rate, no hassle mortgages for primary residences, second (vacation) homes, and investment properties. Eric can also work with current homeowners who are looking to refinance to a lower rate or payment.
(561) 948-2022 730 miles Lender's profile and map Reviews Jet Mortgage Group 224 Datura Street, Suite 910, West Palm Beach, FL, 33401 Jet Mortgage Group is committed to providing the highest level of service and expertise, all while moving at supersonic speed. Our network of over 100 lenders means we have the best loan program for your needs, at the best price. If you’re buying your first home, relocating to a new area.
(715) 387-8405 730 miles Lender's profile and map Reviews First Choice Credit Union 1614 E. Fourth Street, Marshfield, WI, 54449 First Choice Credit Union is located in Marshfield, Wisconsin, and was founded in 1967. At this location, First Choice Credit Union employs approximately 12 people. This business is working in the following industry: Finance other. Annual sales for First Choice Credit Union are around USD 1, 100, 017.00
561-203-5190 730 miles Lender's profile and map Reviews GREYSON CAPITAL, LLC 120 S. Olive Avenue \| Suite 701, West Palm Beach, FL, 33401 Greyson Capital, LLC is more than a full service mortgage lender. When you contact us, a Greyson mortgage specialist will walk you through the transaction, be it the purchase of a new residence, a second home, or an investment property. We also offer a variety of refinancing programs and products to fit your specific needs.
305-582-2824 730 miles Lender's profile and map Reviews Ocean Capital Lending 120 S. Olive Ave., Suite 311, West Palm Beach, FL, 33401 Ocean Capital’s comprehensive services represent the best in class & are resetting the bar for all others to follow.We meld experts in real estate,estate & financial planning, tax strategy & accounting, securities & insurance,portfolio managers,researchers and traders into a cohesive team that serves the unique needs of our diversified client base.
(561) 677-8160 730 miles Lender's profile and map Reviews 7th Level Mortgage LLC 515 North Flagler Drive Suite P-300, West Palm Beach, FL, 33401 7th Level Mortgage, LLC is an award winning veteran owned mortgage company offering residential and commercial mortgage loans, home loans, refinance mortgages, Jumbo loans, FHA Mortgage, VA Mortgage, HARP loans, First Time Home Buyers, Commercial and Business loans as well as Reverse Mortgage loans.
(207) 623-1851 731 miles Lender's profile and map Reviews Maine State Credit Union 200 Capitol Street, Augusta, ME, 04330 Maine State Credit Union is devoted to improving our members' financial lives, not just the bottom line. From the CEO to the tellers in the lobby, we embrace this mission every day, in person, online, and over the phone. Membership means better service. That friendly greeting in the lobby is real.
(800) 696-1146 731 miles Lender's profile and map Reviews Trademark Federal Credit Union 44 Edison Drive, Augusta, ME, 04330 At Trademark, we are committed to delivering excellent service, while providing professional financial guidance, education, and the right combination of products and services to help our Members and their families build and sustain financial security. We will seek continued growth – for the benefit of our Members.
(207) 623-5171 731 miles Lender's profile and map Reviews KV Federal Credit Union 316 West River Road, Augusta, ME, 04330 KV Federal Credit Union is a member owned financial institution, that is based on building relationships one member at a time through a professional, courteous and genuine approach. We pride ourselves on providing outstanding quality financial products, services and technology while maintaining a financially sound institution.