FHA VS Conventional loan programs in Mercer-Island, King County, Washington

In 2025, Convetional loan limit in Mercer-Island, county of King, WA is $891,250 while FHA limit is $891,250 for a single-family home.

Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in WA is best for your particular financial situation.

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2025 loan limits and downpayment requirments in Mercer-Island, county of King, WA

Loan Type Loan Limit Down payment
Conventional Conforming $891,250 3%
USDA $659,800 0%
FHA $891,250 3.5%

The comparison table applies to zip codes: 98040

Conventional and FHA loan options in Mercer-Island, WA

Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.

Lendersa USDA loan request and matching results


  • Progressive Loan Funding
  • 3010 Old Ranch Pkwy, Suite 440, Seal Beach, CA, 90740
  • Operating predominantly in Los Angeles and Orange Counties since 1988, Progressive Loan Funding helps find the home financing that’s right for you. Progressive Loan Funding offers FHA, VA, Conventional and Jumbo loan programs with a full range of fixed and adjustable loan options. We service all home lending products, but specialize in FHA loans.
  • Midcity Mortgage
  • 3020 Old Ranch Parkway, Suite 300, Seal Beach, CA, 90740
  • The company goal is to provide real estate loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan. We've been in business long enough to understand your problems
  • California Capital Resources Inc.
  • 12340 Seal Beach, Suite 307, Seal Beach, CA, 90740
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • Endeavor Mortgage Group Inc.
  • 13001 Seal Beach Boulevard, Suite 210, Seal Beach, CA, 90740
  • Endeavor Mortgage offers a cost efficient individualized relationship focused approach to your mortgage needs with emphasis on your specific financial life goals. We use our unique relationships to find you the best rate and loan program, saving you valuable time, money and the stress of finding the perfect deal.
  • EMAC Financial
  • 350 Main Street, Suite D, Seal Beach, CA, 90740
  • EMAC Financial mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan
  • Benefit Mortgage Lending Group, Inc.
  • 3550 Iris Cir, Seal Beach, CA, 90740
  • At Benefit Mortgage Lending Group, Inc. We are a full-service mortgage company based in Seal Beach, CA. We specialize in Home Purchase Loans and Refinance in Seal Beach. We also serve the surrounding cities in Orange County. Whether you are buying a home or refinancing in the zip code 90740, we can help you realize your dream of homeownership
  • California’s Mortgage Bank
  • 333 City Blvd W, Suite 1810, Orange, CA, 92868
  • At California’s Mortgage Bank (CMB), Speed, Reliability, and Experience are the foundations of our Company! We provide you with loan choices to make your life easier. We offer the most competitive rates and aggressive loan products. We are a US Mortgage Bank that exclusively offers loans to California residents
  • STG Mortgage
  • 765 The City Dr S, Suite 200, Orange, CA, 92868
  • STG Mortgage is a full-service mortgage lender with a highly experienced leadership team, ready to make your home purchase or refinance simple. We make sure you have the details you need to get the right solution based on your needs. Our rapidly expanding team is thoroughly trained and fully equipped to answer questions.