FHA VS Conventional loan in Gorham, Cumberland County, Maine

In 2025, the conventional loan limit in Gorham, in the county of Cumberland, ME, is $726,200, whereas for a single-family home, the FHA limit is $506,000.

Take advantage of the Lendersa® Conventional loan calculator to compare current best rates between Conventional, FHA, and USDA loans. Assess income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator shows Conforming Conventional, USDA, FHA, and VA loans side by side, helping you determine the best program for your particular financial situation in ME.

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2025 Loan Limits and Down Payment Requirements in Gorham, Cumberland, ME

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $370,700 0%
FHA $506,000 3.5%

This table is relevant for the following zip codes: 04038, 04082

Options for Conventional and FHA Loans in Gorham, ME

The goal of Lendersa® is to quickly provide you with the optimal Conventional, USDA, or FHA loan hassle-free. Choose one of three ways to get matched with lenders and loan programs that suit your needs.

Explore matching results for USDA loan requests with Lendersa


  • Stonehaven Mortgage
  • 194 N York St, Ste 100, Elmhurst, IL, 60126
  • Stonehaven Mortgage is a Illinois mortgage bank that is focused on servicing our clients with the lowest rates and quickest turn times in the industry. All of our conventional and government loans are processed, underwritten and closed by underwriters who understand the markets in which banks lend. This allows us to assure our clients that we’ll g
  • Long Grove Mortgage Bancorp
  • 4180 North Route 83, Suite 8, Lake Zurich, IL, 60047
  • Our experience and expertise have enabled us to navigate through the recent mortgage crisis. Many other companies closed, but we sharpened our skills and not only are we still open, but we are stronger, more experienced, and better equipped to handle your financing needs. We are a full-service mortgage lender with an experienced staff.
  • Bedford Federal Savings Bank
  • 1030 15th St, Bedford, IN, 47421
  • Bedford Federal Savings Bank has provided Bedford and Greater Lawrence County with leading-edge deposit and lending opportunities. Additionally, the Bank has been a force for good in the community and its youth through philanthropy and service. Now in its tenth decade, the Bank maintains its commitment to serving the communities of Lawrence County.
  • First American Bank (Chicago)
  • 700 Busse Road, Elk Grove Village, IL, 60007
  • At First American Bank, we're small enough to provide the personal attention that makes you comfortable coming to us for a multi-thousand-dollar auto loan. As the largest privately held bank in Illinois, we're big enough that you can also get multi-million-dollar financing if your company exports auto parts – or anything else.
  • Z Reverse Mortgage
  • 836 S Arlington Heights Rd, Suite 182, Elk Grove Village, IL, 60007
  • Z Reverse Mortgage is a free informational resource for seniors and their families on the reverse mortgage process. We provide senior citizens with all the necessary information and assistance in order to identify the right loan programs, determine property value, and begin the process.
  • Hinsdale Bank & Trust Company, National Association
  • 25 E 1st St, Hinsdale, IL, 60521
  • Hinsdale Bank & Trust offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts.
  • The First National Bank of Oneida
  • 18418 Alberta St., Oneida, TN, 37841
  • First National Bank of Oneida is dedicated to building partnerships and supporting progress since 1904. Blessed throughout the years with insightful visionaries and leaders with strong and sound philosophies, First National Bank is not only the oldest bank but also the only locally owned bank in Scott County
  • Res-Com Mortgage Corporation
  • 1211 22nd St, Oak Brook, IL, 60523
  • Res-Com Mortgage Corporation is an ILLINOIS RESIDENTIAL MORTGAGE LICENSEE. We work closely with progressive and well secured financial institutions in securing loans for our clients. Contact Res Com Mortgage Corporation to find out more about the products and services we can provide. For years, Res-Com Mortgage has been making Residential and Comme