FHA VS Conventional loan in Grand-Island, Erie County, New York

In 2025, the Conventional loan limit within Grand-Island, in the county of Erie, NY, is $647,200. Meanwhile, the FHA ceiling for a single-family home is $420,680.

Leverage the Lendersa® Conventional loan calculator to see how today's leading rates for Conventional, FHA, and USDA offerings compare. Determine what level of income, credit, reserves, and documentation you will need to meet qualification standards. With our advanced mortgage calculator, you can assess Conforming Conventional loans along with USDA, FHA, and VA options side by side, helping you choose the best solution available in NY for your financial condition.

Review and compare offers from 100 lenders

2025 Loan Limits and Downpayment Requirements in Grand-Island, NY

Type of Loan Allowed Limit Initial Downpayment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

This information applies to the zip codes: 14072

Available FHA and Conventional Loan Paths in Grand-Island, NY

The mission of Lendersa® is to swiftly align you with advantageous Conventional, USDA, or FHA loan opportunities, minimizing any complexities. Opt for one of three methods to get connected with the right lenders and loan options.

USDA loan requests and matches shown by Lendersa


  • Assure Home Funding LLC
  • 1540 International Parkway, Suite 2000, Lake Mary, FL, 32746
  • Assure Home Funding gives you access to a large group of lenders, providing a variety of business capital advance options that can be tailored to fit your particular needs. We offer unique opportunities to secure the funding you need for your business, often when traditional lenders are not an option.
  • Emerald Financial Partners Inc
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  • Emerald Mortgage Partners was established with one mission in mind: Making the tedious and complicated process of mortgage and lending simpler, easy to understand and straightforward. EFP also not only provides the knowledge and expertise during, but also after the sale, to ensure your loved ones and valuables are protected and secure.
  • Premier Home Funding
  • 773 Stirling Center Place, Lake Mary, FL, 32746
  • Premier Home Funding, we serve our clients with old fashioned values: honesty, hard work, education, and service with enthusiasm. Our goal is to ensure a smooth process while providing excellence in each transaction. We want to make your dream home a reality and an investment that will benefit you and your family for many years to come
  • CAPITALPlus Mortgage & Underwriting Services, Inc
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  • CapitalPlus Mortgage have been providing mortgage origination, underwriting, and collateral review services in Florida for more than 25 years. We are a team of experienced professionals committed to providing counsel, education, cost efficiencies, product enhancements, and final results that are always in our Client’s best interest.
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  • Trinity Mortgage Company of Central Florida, LLC
  • 581 Technology Park Suite 1001, Lake Mary, FL, 32746
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  • RP Funding
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  • RP Funding is a Direct Mortgage Lender helping home buyers save thousands in lender fees when getting a mortgage. RP Funding offers the guaranteed lowest interest rates and customers pay NO lender fees. Customer satisfaction is our #1 goal. That is why every question, concern or complaint is reviewed directly by the CEO Robert Palmer.
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  • Certified Mortgage Planners is focused on helping our clients build a strong financial position through careful management of equity, the proper use of capital, and a dedication to maximizing their rate of return. We take a consultative approach to helping our clients develop a mortgage strategy that encompasses your overall long
  • Copiah Bank
  • 101 Caldwell Drive, Hazlehurst, MS, 39083
  • October, 1891, the founders of Copiah Bank opened our doors in service to families and business owners who were largely ignored by bigger-city banks. Theirs was a vision of a bank that would provide responsive solutions, exceptional service, fiscal integrity, and value for those we serve.
  • River Valley Community Federal Credit Union
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