USDA Vs. FHA your options comparison in Princeton, Mercer County, WV
For 2025, the USDA loan limit in Princeton, within the county of Mercer, WV, is established at $336,500. In contrast, the FHA limit for a single-family home is $472,030.
Leverage the Lendersa® USDA loan calculator to assess and contrast the superior current rates of USDA and FHA. Determine the necessary income, credit scores, reserves, and required documents for qualification. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA loan alternatives side-by-side to assist you in choosing the best option for your financial situation, including in .
Loan Limits and Downpayment Requirements for 2025 in Princeton, County of Mercer, WV
Loan Type
Loan Cap
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Princeton, WV
The mission of Lendersa® is to help you quickly find the best USDA or FHA loan without any hassle. Choose one of three initial starting points to connect with matching lenders offering USDA loan programs.
The USDA home loan, also known as a USDA rural development loan or USDA mortgage, is government-backed through the Department of Agriculture and exclusively available in rural areas. Unlike FHA loans, which necessitate a minimum 3.5% down payment, a USDA mortgage requires no down payment at all.
Carter Finance has been serving families in East Tennessee, Western North Carolina, and Southwest Virginia for more than 60 years. Carter Finance was originally opened to service the Carter County area in 1953. A branch office was opened in Mountain City in 1991 to allow us to better serve our Johnson County customers.
Kemba Charleston is dedicated to serving its members through low loan rates, high returns and many other services. We serve the areas of Dunbar, Institute and Nitro. We also have numerous employee groups with our main one being Kroger. Find out how you can join today to take advantage of our numerous financial benefits.
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.
A strong and genuine belief in the "customer for life" principle of doing business is what fuels My Hometown Mortgage. With over 17 years of experience My Hometown Mortgage can offer you fast and friendly service. Making your first time home loan or refinance the most pleasant experience possible.
United Southeast Federal Credit Union was chartered in 1941 to serve employees of the Inter-Mountain Telephone Company. Over the years, our Credit Union has grown to serve the employees of several hundred select employer groups in Tennessee and Virginia. USFCU is owned and operated by its membership.
Peoples Federal Credit Union, charter number 16993, was founded in September of 1965 as the U.C. Institute Employees Federal Credit Union. The credit union was chartered to serve the employees of Union Carbide at Institute, West Virginia. The facility, at the time of the charter, employed in excess of 2, 500 individuals.
Miners Exchange Bank has always endeavored to bring the finest in banking services to our customers. Our technology department boasts the latest and greatest the banking industry has to offer. Services offered by our competition are very similar to ours, but it is the way in which those services are delivered that makes all the difference.
CornerStone Bank will be recognized as the best and most caring place to bank in each of the communities it serves. Our Mission is To deliver exceptional service every day & to demonstrate in every interaction with customers, shareholders, employees & the community, the things we value most: integrity, excellence, reputation & results.
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.
The Poca Valley Bank is an independent, community bank which was founded beside the Pocatalico River in Walton in 1908. We opened our first branch office in 1987 in Clendenin, Kanawha County. In the 1990s, two more Kanawha County branches were built in Elkview (1990) and Sissonville (1997).
TCP Credit Union has been open since 1980. The credit union has assets totaling $11.67 Million and provides banking services to more than 2, 000 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members
112-114 North Sycamore Street, Elizabethton, TN, 37643
Elizabethton Federal Savings Bank has been serving the communities of Northeast Tennessee and the Tri-Cities since 1937. With branch offices in Carter County, Johnson County and Washington County, Tennessee, we provide our customers with a complete selection of financial products.
