USDA and FHA Pro and Con in Greenfield, Franklin County, MA

For the year 2025, the USDA loan limit for Greenfield, in Franklin county, MA, is set at $285,000, whereas the FHA limit for a single-family home reaches $356,362.

Take advantage of the Lendersa® USDA loan calculator to contrast current best rates between USDA and FHA, and ascertain the necessary income, credit, reserves, and documents for eligibility. Utilizing our advanced mortgage calculator enables you to view USDA, FHA, Conforming, and VA loans side by side. This tool assists you in discerning which program in aligns best with your unique financial circumstances.

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Loan Amounts and Downpayment Requirements for 2025 in Greenfield, County of Franklin, MA

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Exploring USDA and FHA Loan Options in Greenfield, MA

Lendersa® strives to provide you with the most favorable USDA or FHA loan options swiftly and effortlessly. Begin your journey by choosing one of three initial pathways that connect you with the perfect lenders and USDA loan programs.

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Understanding USDA Loans in MA

USDA home loans, backed by the Department of Agriculture, are also known as USDA rural development loans or USDA mortgages and are designed specifically for rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA mortgages necessitate no down payment whatsoever, making them a distinct choice for homebuyers.

Enter your location to find out if it qualifies for USDA rural housing loan?



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