FHA VS Conventional loan in Elmont, Nassau County, New York

In the year 2025, the Conventional loan limit within Elmont, located in the county of Nassau, NY, is fixed at $1,089,300, whereas the FHA limit for a single-family home is set at $1,089,300. Understanding these limits is vital for homebuyers and investors seeking to plan their financing strategies effectively, knowing that these restrictions influence borrowing power.

To conveniently compare today's top rates for Conventional, FHA, and USDA loans, use the Lendersa® Conventional loan calculator. This tool helps determine the necessary income, credit scores, reserves, and essential documentation required for qualification. Our advanced mortgage calculator facilitates side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans, enabling you to decide which program in NY aligns best with your specific financial circumstances and goals.

Explore a wide array of loan offers from 100 different lenders.

A Comprehensive Guide to 2025 Loan Limits and Down Payment Requirements in Elmont, Nassau, NY

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

Note: This comparison table applies specifically to these zip codes: 11003. Being informed about these codes aids in understanding regional loan specifications.

Exploring Conventional and FHA Loan Options in Elmont, NY

The primary goal of Lendersa® is to efficiently connect you with the best options for Conventional, USDA, or FHA loans, ensuring a smooth and hassle-free process. Choose one of three starting paths designed to match you with compatible lenders and discover loan programs tailored to meet your precise needs. This structured approach simplifies the home financing journey, helping you make informed decisions that align with your homeownership objectives.

Detailed look into results from Lendersa's USDA loan requests and associated matches


  • Lone Star Home Mortgage
  • 1341 Saddlebrook Court, Argyle, TX, 76226
  • Lone Star Home Mortgage is a full service mortgage Company with one goal in mind...helping consumers accomplish their home financing goals.The only way to achieve this is by providing the best origination platform for mortgage professionals to operate in today's landscape. This means delivering the products, price, and service.
  • Bank of Hydro
  • 146 West Main Street, Hydro, OK, 73048
  • We started as a community bank, and even though we’ve grown, we haven’t really changed. Handling the daily banking needs of our friends and neighbors is central to everything we do. When it comes time for you to take on bigger and better challenges, we’re there with all your needs for personal and commercial lending.
  • Bank of the West
  • 108 West Northwest Highway, Grapevine, TX, 76051
  • Bank of the West is a locally owned and operated bank. We have 9 locations in the DFW area and we have been personally serving our customers since 1986. Our corporate headquarters is located in Grapevine, TX, on Main St, which is also the home of our business banking center. We pride ourselves on being a community bank, working for the community!
  • MC Mortgage, LP
  • 2305 Mustang Drive, Suite 300A, Grapevine, TX, 76051
  • M C Mortgage is a full-service mortgage banking company committed to developing and nurturing relationships with REALTORS®, home builders and our customers. As a company, our Core Values define what we stand for and represent our commitment to each other and to our customers. These values are reflected in our actions
  • Global Lending Solutions Inc
  • 920 S. Main, Grapevine, TX, 76051
  • Global Lending Solutions, Inc. is a full service mortgage company that provides expert service in the field of residential mortgages.Global Lending Solutions specializes in Conventional, FHA, VA, USDA, Jumbo and Home Equity Loans and Since our companies inception, we have been committed to offering the most competitive mortgage products.
  • GSB Mortgage, Inc.
  • 201 N Main St, Grapevine, TX, 76051
  • GSB Mortgage, Inc. is a wholly owned subsidiary of Bank of the West. Bank of the West was founded in 1986 as a full service independent bank specializing in customer service and small business financing. Bank of the West was the first bank to be named as Preferred Lender for the Small Business Administration in the Dallas region.
  • Country Home Loans
  • 200 N Main St, Seiling, OK, 73663
  • Country Home Loans, Inc you will find caring, highly trained mortgage professionals who dedicate themselves to insuring your home financing experience is both tailored to fit your individual needs and benefit you. We have several offices that service our clients throughout the Great State of Oklahoma.
  • Trinity Oaks Mortgage
  • 420 Century Way, Suite 100, Red Oak, TX, 75154
  • Trinity Oaks Mortgage, LLC supports Equal Housing Opportunity. When dealing with home financing, we are not only working with one of our client's largest personal financial investments; we also are handling one of their biggest dreams. Since we work with matters so close to the heart, we serve our clients from ours.
  • LTI Mortgage
  • 1801 North Hampton Road, Suite 415, Desoto, TX, 75115
  • LTI Mortgage was built on Loyalty, Trust and Integrity. We feel that everyone who wants to own a home should own a home and get a fair deal in the process. We're Here to make sure you get the best mortgage loan possible at a great price. We're a small company with much less overhead than the bigger companies.
  • TSW Mortgage & Associates
  • 1801 N Hampton Rd, Suite 383, Desoto, TX, 75115
  • TSW Mortgage & Associates. I will be your dedicated mortgage professional to help guide you through your loan process. Please feel free to reach out to me at any time with your loan questions.Conventionl, FHA, ARM, USDA/RHS, VA, 203k, Jumbo, Interest Only, Fix & Flip, Investment, Hard Money, Reverse Mortgage & Home Equity