You have been posting a few questions about having a usda loan for $70,000, help with closing on a loan and now this one which loan is best. You have received different answer, it truly sounds like you need to sit down with someone in person, and ask your question and let them go over what is best for you.
Again if you already have been working with an agent then it is best to sit down with him/her and ask these questions and others. If you are not getting answers or unhappy with that agent, then you may call another.
I would be happy to sit down with you and talk to you about the whole process of buying a home.. Please give me a call and I will help you.. 321.536.3208
Coldwell Banker Coast
The USDA RD mortgage is a "loan of last resort", meaning if you can't qualify for FHA or conventional they then want you to try USDA. The reason they say this may be for many reasons, but the primary reason I believe is that USDA's funds are limited so if everyone used USDA vs. FHA or conventional then the people who truly need USDA or couldn't buy a home wouldn't have the option unless the fiscal year starts over. They don't require you furnish an FHA or conventional loan denial in order to obtain USDA RD financing, but from what I've seen it means if you have 20% to put down & decent credit then you won't be able to get USDA financing.