Explore the differences! FHA VS Conventional loan programs in Grafton, Lorain County, Ohio
In the year 2025, the conventional loan limit for purchasing a home in Grafton, situated in Lorain county, OH, is $726,200. Meanwhile, the FHA loan limit, applicable to a single-family home, is $472,030. These limits play a crucial role in guiding potential homeowners through their financial planning and mortgage options in this particular locale.
Utilize the Lendersa® Conventional loan calculator to effectively assess and compare today's top tier loan rates between Conventional, FHA, and USDA loans. This invaluable tool aids in determining the essential income, credit, reserves, and documents required to qualify. With our advanced mortgage calculator, you have the capability to view Conforming Conventional loans alongside USDA, FHA, and VA loans. This side-by-side comparison ensures you can make an informed decision on choosing the most suitable program in OH that aligns with your unique financial scenario.
2025 Loan Limits and Down Payment Requirements in Grafton, Lorain County, OH
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This comparison applies to the following ZIP codes: 44044
Diverse Conventional and FHA Loan Options in Grafton, OH
Lendersa® is committed to swiftly securing you the most suitable loan option, whether it be Conventional, USDA, or FHA, with minimal hassle involved. Select from one of three strategic starting points, each designed to pair you with compatible lenders and tailor-made loan programs to meet your specific needs and financial goals.
"We are an independent mortgage broker serving all of Ohio's home buyers and homeowners with their mortgage needs.
MISSION
Help consumers get access to the best mortgage, with transparency and professionalism
VISION
Educate and serve all mortgage consumers in our service area while preserving the true wholesale to broker model"
In 1951, Summit Federal Credit Union ( then known as Summit School Employees Federal Credit Union), like all credit unions, was organized because a handful of people believed in an idea and were willing to work, to serve, to create and to bring to reality a cooperative financial institution. We organized for mutual protection
BFG Federal Credit Union has been open since 1935. The credit union has assets totaling $171.85 Million and provides banking services to more than 23, 000 members
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
MGM Mortgage has focused on providing attentive customer service to borrowers throughout their loan process- it’s what we stand for. Nothing is more important when financing a home, than how you do it. The best financial solutions complement your current budget and can be easily adjusted when your situation changes.
23215 Commerce Park, Suite 108, Beachwood, OH, 44122
CREFCO Financial Group is an Ohio based Mortgage Company that specializes in providing competitive loan programs for home purchases and refinances; including USDA ‘Zero Money Down’ loans, FHA, VA, and Conventional loan programs. Our experts are licensed, educated, and experienced leaders in the industry, and devoted to analyzing
SUPERIOR FINANCIAL SERVICES, INC is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools.
"Introducing one of the best new mortgage firms with decades of experience. Our people are dedicated to providing you a better loan with better service. We make the difference.
Each one of us brings something special to work every day. We cover all the bases in your search for excellent service and competitive rates."
At M&M Funding, we're committed to providing our clients with an experienced staff offering expertise in every area of mortgage lending... from purchase to refinance to construction lending. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan.
Wayne Savings Community Bank was established in 1899 and is headquartered in downtown Wooster. Throughout our long history and many economic cycles, we have enjoyed a reputation for stability, safety and soundness, and community service. We are dedicated to providing quality, personal customer service & affordable loans to families and businesses.
30100 Chagrin Boulevard, Suite 380, Cleveland, OH, 44124
Encore Funding is a private lending firm that offers alternative sources of capital to small and mid-size businesses. We invest in growth-oriented entrepreneurs who may not meet the strict requirements of conventional lending. Our team is backed with extensive experience in investment management, business development, risk assessment.
Firestone Federal Credit Union is an income sharing financial cooperative, dedicated to best serving the financial needs of its members. This primarily includes offering competitive rates on savings and low cost loans for provident purposes. The safety and stability of its members' assets shall be the prime consideration
