FHA VS Conventional loan in Elmira-Heights, Chemung County, New York
In 2026, the Conventional loan limit for Elmira-Heights, which is in the county of Chemung, NY, is $647,200. However, the FHA limit for a single-family home is $420,680.
Use the Lendersa® Conventional loan calculator to evaluate the best available rates today for Conventional, FHA, and USDA loans. Determine the income, credit, reserves, and documentation required to qualify. With our advanced mortgage calculator, compare Conforming Conventional loans, USDA, FHA, and VA side by side, helping you decide which program in NY fits your financial situation best.
2026 Loan Limits and Down Payment Requirements in Elmira-Heights, Chemung County, NY
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
This table applies to the zip codes: 14903
Discover Conventional and FHA Loan Options in Elmira-Heights, NY
Lendersa® strives to secure the best possible Conventional, USDA, or FHA loan for you promptly and without hassle. Choose one of three routes to connect with suitable lenders and loan programs.
CCU was founded in 1936 with the goal of helping Corning Glass Works employees with their financial needs. We started with 42 members and $420 in assets. Over the years, we've opened offices in North Carolina and Pennsylvania, in addition to the 10 offices in the Corning/Elmira, New York area.
Our credit union was founded and chartered for business in 1954 by a group of 10 employees at the Ingersoll-Rand Company. Spearheaded by Harold Davis, the Ingersoll-Rand Union President, this group signed the original paperwork to have our credit union recognized by the National Credit Union Administration (NCUA).
Elmira Savings Bank is a full service community bank headquartered in Elmira, NY. The bank currently has thirteen full-service locations in Chemung, Tompkins, Cayuga & Steuben Counties, as well as one loan center located in Broome County. Elmira Savings Bank strives to provide above-average returns to our shareholders while providing a broad range.
Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
Alternatives is a regional Community Development Credit Union (CDCU) & a Community Development Financial Institution (CDFI). Our mission is to build wealth & create economic opportunity for underserved people & communities. Our vision is to lead an economic movement to create thriving, empowered communities with financial freedom for everyone.
Our mission is to provide the highest level of personal financial services in a friendly, professional manner; to encourage thrift, savings and the wise use of credit; to increase the knowledge & ability of our members to manage & control their financial well-being; to provide sound financial management.
