USDA Vs. FHA Pro and Con comparison in South-Boston, Halifax County, VA
As of 2025, in South-Boston, located in the county of Halifax, VA, the USDA loan limit is set at $285,000. In contrast, for a single-family residence, the FHA limit is $356,362.
Access the Lendersa® USDA loan calculator to easily compare the current top rates between USDA and FHA. Evaluate the income, credit score requirements, reserves, and necessary documentation for qualification. Our state-of-the-art mortgage calculator presents USDA, FHA, Conforming, and VA loan options side by side, allowing you to choose the best fit for your financial situation in .
2025 Loan Limits and Down Payment Guidelines in South-Boston, Halifax County, VA
Type of Loan
Limit on Loan
Initial Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Financing Options in South-Boston, VA
The objective of Lendersa® is to secure the most favorable USDA or FHA loan for you swiftly and effortlessly. You can start by choosing one of three pathways that connect you with lenders and USDA programs.
A USDA home loan, often referred to as a USDA rural development loan or simply a USDA mortgage, is backed by the United States Department of Agriculture. It's designated for rural areas. Unlike FHA loans demanding at least a 3.5% down payment, the USDA loan requires no initial payment.
First Priority Credit Union was drafted on July 14, 1930, and approved by the Texas State Banking Board on September 2, 1930. First Priority Credit Union was chartered as Abilene Postal Employees’ Credit Union by the following US Postal Service employees who also served as the original board of Directors.
We are committed to helping our members save time, save money and earn money. Our team of dedicated professionals is here to help you achieve your goals and build a strong financial future. Randolph-Brooks Federal Credit Union is focused on helping members save time, save money and earn money.
PamCel Community FCU has been open since 1953. The credit union has assets totaling $14.8 Million & provides banking services to more than 1, 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 member & access.
Cabot Credit Union was officially chartered on June 6, 1931 after successfully completing the filing process with the Department of Banking. On 1956, Cabot Credit Union changed our name to Cabot Employees Credit Union to better reflect the membership of the time. Our commitment to our membership. It defines who we are, what we do, and why we exist.
TexStar Federal Credit Union has been open since 1967. The credit union has assets totaling $24.11 Million and provides banking services to more than 1, 000 members as of March 2022.
The credit union is a not-for-profit, member-owned financial cooperative providing financial banking services to multiple member groups
The Hershey State Bank is a branch office of The Hershey State Bank. They provide the following services: Full Service Office Location and are located at 100 S. Lincoln Ave in Hershey Nebraska.
Mobile and traditional directions to this location can be found below along with ratings, their phone number, online banking website and additional bankin
Abilene Teachers Federal Credit Union has been open since 1950. The credit union has assets totaling $578.04 Million and provides banking services to more than 53, 000 members as of March 2022.
The credit union is a not-for-profit, member-owned financial cooperative providing financial banking services to multiple member groups.
Abilene Federal Credit Union is a not-for-profit financial cooperative. When you join the credit union, you become a shareholder – or an owner – of a very unique financial institution.credit unions, Abilene Federal Credit Union is a not-for-profit financial cooperative. When you join the credit union.
