USDA and FHA Pro and Con in Homewood, Jefferson County, AL
In 2024, USDA loan limit in Homewood, county of Jefferson, AL is $336,500 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.
2024 loan limits and downpayment requirments in Homewood, county of Jefferson, AL
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 in Homewood, AL
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.
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.
Enter your location to find out if it qualifies for USDA rural housing loan?
We provide financing to real estate investors. We work in many different asset classes including - 1-4 Family Residential, Multi Family, Commercial properties. We pride ourselves being steadfast in our pursuit to meet our clients needs, and are committed to upholding our three core principles. Service, Pricing, Continuous Improvement.
Freedom’s story began in 1922 when it was originally chartered as the Western Massachusetts Telephone Workers Credit Union. From a small office in the telephone company building on Worthington Street in Springfield, Massachusetts, the credit union grew until we found a new home on Main Street in Springfield.
Our mission is to provide products and services to our members with the goal of empowering them to understand the importance of financial stability and security, while offering tools to make sound financial decisions. Our vision is to be the pioneer of cutting edge financial products while maintaining exclusive membership benefits.
We’re member-owned and operated so you’ll always feel at home here. Arrha Credit Union is regarded as the premier educational base credit union in the Western Massachusetts financial community. Our Mission is to assist our members in reaching their financial goals by providing superior products and services in a personalized manner.
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the Polish National Credit Union has grown to meet the needs of our communities. We opened our doors at 222 Exchange Street in Chicopee in an office shared with a real estate and insurance firm owned by Felix Furtek, our first president. In 1942, we moved to 228 Exchange Street and then to a new building located at 244 Exchange Street in 1967
