FHA VS Conventional loan in Damascus, Montgomery County, Maryland

In 2025, the conventional loan limit within Damascus, Montgomery County, MD, is set at $1,089,300, whereas the FHA loan limit for a single-family residence is $1,089,300.

Employ the Lendersa® Conventional loan calculator to compare today's most competitive rates for Conventional, FHA, and USDA loans. Discover the income, credit, reserves, and documents required for qualification. Our advanced mortgage calculator allows you to evaluate Conforming Conventional loans alongside USDA, FHA, and VA programs to determine the best option in MD for your financial circumstances.

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Loan Limits and Down Payment Requirements for 2025 in Damascus, Montgomery County, MD

Loan Type Loan Limit Down Payment
Conventional Conforming $1,089,300 3%
USDA $776,600 0%
FHA $1,089,300 3.5%

This table applies to the following ZIP codes: 20872, 20882

Explore Conventional and FHA Loan Options in Damascus, MD

Lendersa® is dedicated to helping you secure the best Conventional, USDA, or FHA loan efficiently and seamlessly. Choose from three starting points to connect with matching lenders and ideal loan programs.

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  • Rockwood Mortgage LLC
  • 33834 Woodward Ave., Birmingham, MI, 48009
  • Rockwood Mortgage is proud to be serving the Great Lakes state of Michigan. As a mortgage broker we are able to give you the lowest rate & the attention that you deserve.We are always available for our clients and partners and is your online resource for personalized mortgage solutions, fast customized quotes, great rates, & service with integrity.
  • Berkshire Capital
  • 33687 Woodward Ave, Birmingham, MI, 48009
  • As the President of Berkshire Capital, Griffen Hock is responsible for running all facets of the business. Griffen has a proven executive management track record and over 15 years of experience driving sales growth and integrating digital marketing and sales strategy systems in residential mortgage lending.
  • Mass Home Mortgage Co
  • 200 Lincoln Street, Suite 405, Boston, MA, 02111
  • MassHome Mortgage LLC is a mortgage broker who has been helping customers in Massachusetts since 1999 to obtain residential and commercial loans with variety of programs from different mortgage lenders. Our main goal is to provide the best service to our customers and help them to find the right loan with the best rates, terms and costs to
  • People Driven Credit Union
  • 24333 Lahser Road, Southfield, MI, 48033
  • People Driven Credit Union is a member-owned, full-service financial institution helping members and their families with money management since 1928. PDCU was founded in 1928 as Detroit Federal Employees Credit union to serve as a primary field of membership of federal employees in the Detroit area and their families.
  • Assur Loans
  • 26711 Northwestern Highway, Suite 200, Southfield, MI, 48033
  • We obtain our clients information from a referred based system we have in place with real estate agents & brokers across the nation.From having a client’s information, we assist with any purchase or refinance need.Our exclusive service allows us to have a more intimate understanding of how we can help client make a stressful process a positive one.
  • The Vista Team at Total Home Lending
  • 36887 Schoolcraft Rd, Livonia, MI, 48150
  • At Total Home Lending, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
  • Mortgages by Jack
  • 36139 Schoolcraft, Livonia, MI, 48150
  • Mortgages by Jack is your premiere mortgage lender located in Livonia, MI. We pride ourselves on offering competitive rates and outstanding service. We make the loan process simple, straightforward, and fast for all types of borrowers. Whether you are purchasing your dream home or looking to refinance an existing loan our highly experienced team
  • Home Loan Specialists
  • 36139 Schoolcraft Rd, Livonia, MI, 48150
  • Home Loan Specialists was established in 1997. As an affiliate branch of Mortgage One, we have been providing residential loans in Michigan for more than 20 years. In that time frame, we have closed well over $1 Billion in mortgage transactions. We are a full-service mortgage lender offering all types of mortgage options.
  • Total Home Lending
  • 36887 Schoolcraft Road, Livonia, MI, 48150
  • At Total Home Lending, Our goal is simple, We want to match you with the best program to fit your needs and make the process as easy as possible. We are always on the lookout for talented individuals that share our philosophy Our Loan Officers have been doing business for over 20 years.
  • PLB LENDING, LLC
  • 58069 Van Dyke Rd., Washington, MI, 48094
  • PLB Lending, LLC was opened by Patricia Bidus in 2001 in Washington Township, Michigan. The main goal of the company is to assist our community with all of its mortgage needs. As a full service mortgage broker, we have always put our clients first. Going the extra mile to make sure they always receive the lowest rates and costs.
  • Minster Bank
  • 95 W. 4th St., Minster, OH, 45865
  • Minster Bank is a locally owned community bank serving Auglaize, Mercer, Miami, Montgomery, & Shelby counties. At Minster Bank we take pride in our progressive & personable approach to providing financial services.Minster Bank has been helping individuals, families & businesses achieve their dreams by offering a variety of Personal, Business.
  • All Home Mortgages LLC
  • 4240 Airport Rd, Suite 101, Cincinnati, OH, 45226
  • All Home Mortgages LLC is a Cincinnati based mortgage company. It's goals are to provide great rates, service, and communication to it's clients and referral partners. Whether looking to refinance or purchase, we will work hard to get you a great deal on your mortgage and educate you on the process.