FHA VS Conventional loan programs in Madison, Somerset County, Maine

In 2025, the conventional loan limit for Madison, located in the county of Somerset, ME, is $726,200, while the FHA limit for a single-family home is $472,030.

The Lendersa® Conventional loan calculator allows you to compare the best rates today among Conventional, FHA, and USDA loans. Determine the income, credit, reserves, and documentation required to qualify. With this advanced mortgage calculator, view Conforming Conventional, USDA, FHA, and VA loans side by side to decide which program is best for your financial circumstances in ME.

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2025 Loan Limits and Down Payment Requirements for Madison, County of Somerset, ME

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

This table is relevant to the following zip codes: 4950

Exploring Conventional and FHA Loan Choices in Madison, ME

The intention of Lendersa® is to provide you with the best possible Conventional, USDA, or FHA loan quickly and without hassle. Choose one of three starting points to connect with matched lenders and loan programs.

Review results from Lendersa USDA loan requests


  • Handcrafted Home Mortgage LLC
  • 422 East Vermijo Avenue, Suite 414, Colorado Springs, CO, 80903
  • Handcrafted Home Mortgage, a Colorado Springs mortgage lender specializing in purchase home loans and refinance loans. As artists in the craft of lending, our Mortgage Craftsmen are dedicated to making your home loan process a different experience than what you may have experienced in the past. With a focus on helping our families explore.
  • Mortgage United LLC
  • 2 S Wahsatch Ave, Suite 100, Colorado Springs, CO, 80903
  • UMortgage is a local mortgage broker serving home buyers and clients in Colorado. With access to innovative technology and a centralized support team, Herman Combs ensures a faster, easier, and cheaper loan process. broker serving home buyers and clients in Colorado. With access to innovative technology
  • Peak Seven Mortgage
  • 118 North Tejon Street, Suite 401, Colorado Springs, CO, 80903
  • Serving Colorado Springs, Denver, and the Front Range, we offer competitively priced purchase and refinance programs using conventional loans, government-backed (VA/FHA/USDA), and non QM loan programs. We place a strong emphasis on service to our local veteran community by being experts in the VA Loan programs
  • Lender Works LLP
  • 711 North Cascade Avenue, Suite 100, Colorado Springs, CO, 80903
  • Hans Fetterhoff prides himself on taking an honest and educated approach to each and every unique situation that he encounters with his clients. Hans has the knowledge, experience and professionalism that real estate buyers demand in this difficult market. If you're looking for an experienced, efficient and professional mortgage lender.
  • Elevation Mortgage LLC
  • 7 E Bijou St, Suite 217, Colorado Springs, CO, 80903
  • "ELEVATION MORTGAGE LLC WAS CREATED WITH THE BORROWER IN MIND. Our goal was to create a company culture that had the best interest of the client. Every client deserves exceptional service and commitment to ensure they are guided through the home loan process so they can choose the best mortgage product for their family’s needs."
  • The Abair Team Mortgages
  • 1 S Tejon St, Colorado Springs, CO, 80903
  • Making your dream of home ownership a reality is our business at The Abair Team Mortgages. We are your premier mortgage consultant in Colorado Springs, CO, guiding you through every step in the process of home buying and obtaining a mortgage. Our team of mortgage lenders seeks to provide you with a stress-free mortgage experience
  • 719 Lending
  • 104 S Cascade Ave, Suite 201, Colorado Springs, CO, 80903
  • 719 Lending Inc., is a full-service Mortgage Broker offering seamless solutions for all of your mortgage needs. With our head office located in Colorado Springs, Colorado, we have plenty of experience in real estate, financial services and mortgage brokerage. We are committed to providing our customers with the knowledge
  • Aceland Mortgage LLC
  • 151 Calle San Francisco, San Juan, PR, 00901
  • Aceland Mortgage LLC, (formerly known as Aceltis Financial Group, Inc.) is a mortgage company dedicated to providing our clients with the latest mortgage products at competitive rates with unparalleled knowledge and support. Our team has been working in the front lines of the mortgage space for almost 20 years,
  • Island View Private Loan Fund
  • 2139 Chuckwagon Road, Suite 315, Colorado Springs, CO, 80919
  • Island View Private Loan Fund’s (IVPLF) core investment strategy focuses on private lending to entities purchasing real estate such as non-owner occupied houses, fix and flip properties, and 1-4 unit rental properties. While most private loans or asset-based lenders rely primarily upon the value of the real estate backing the mortgage to determine
  • Indigo Mortgage Colorado
  • 6805 Corporate Drive, Suite 115, Colorado Springs, CO, 80919
  • At Indigo Mortgage Colorado, we always say that “no one cares more about your mortgage loan”. We believe our borrowers experience a different relationship when they work with the certified staff at Indigo Mortgage Colorado. We take pride in the fact that you’ll work with the same Indigo Mortgage Colorado professional throughout your loan process