USDA and FHA Pro and Con in Millbury, Worcester County, MA
In 2026, the USDA loan cap in Millbury, located within Worcester county, MA, is $336,500. Meanwhile, the FHA cap for a single-family home stands at $472,030.
Utilize the Lendersa® USDA loan calculator to compare today's leading USDA and FHA rates. Determine the necessary income, credit, reserves, and documentation required for qualification. Our sophisticated mortgage calculator shows USDA, FHA, Conforming, and VA options side by side, guiding you to select the best program for your financial circumstances in Alabama.
2026 Loan Limits and Down Payment Requirements in Millbury, Worcester County, MA
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Millbury, MA
The aim of Lendersa® is to help you secure the best possible USDA or FHA loan swiftly and effortlessly. Start with one of three paths that connect you with lenders and USDA loan programs.
A USDA home loan, often known as a USDA rural development loan or USDA mortgage, is backed by the Department of Agriculture. It is only available in rural areas. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans require no down payment at all.
Millbury National Bank was founded in 1825, and through fiscal integrity and fortitude, the bank has been led by a committed Board of Directors for over 190 years, currently with several multi-generational Directors. Our focus is on serving small businesses within the Blackstone Valley, and maintaining our strong commitment to our customers.
Webster Five is a $1 billion community bank with seven convenient branches, serving Central Massachusetts with offices in Auburn, Dudley, Oxford, Shrewsbury, Webster and Worcester. For over a century, the bank has developed a reputation for outstanding personal service, community support and fiscal strength.
Bay State Savings Bank's roots extend back to 1895, when 114 spirited citizens of Worcester gathered together and pledged a total of $7, 660 to establish a new savings bank in the city. They made good on that pledge, and on May 16, 1895, Bay State Savings opened its doors for business on Main St. in Worcester.
Homefield Credit Union is a community-based credit union founded in 1966. Originally chartered as Grafton Suburban Credit Union with a field of membership including those in the Greater Grafton area, HCU has grown to include a field of membership encompassing all of Worcester and Middlesex counties.
Firefighters of the City of Worcester have benefited from a long and rich history of member service. It has evolved over the years from a "savings and loan" business to a full service financial institution.When you become a member of the Worcester Fire Deptartment Credit Union, you also become an owner. We will continue through sound investments
Our main objective is to help companies acquire the capital they need to grow their business on their terms. We will guide you through the process and outline the lending parameters. It is our job to insure you’re well informed, and there are no surprises. It is our pledge to provide you with the best business lending available.
Cornerstone Bank was formed in 2017 & was built on the foundation of two local, mutual banks joining together— Southbridge Savings Bank & SpencerBANK (founded in 1871). Based in Worcester, Massachusetts, we currently operate 13 branch offices.Cornerstone Bank is a local, community bank dedicated to providing high-quality, personal customer service.
We are a full-service mortgage brokerage with access to over 50 different lending options to help find you the best rate and best structure for your mortgage to suit your short and long term financial needs We can offer access to a myriad of mortgage types from no down payments & first time home buyer programs to investor loans
"AllCom Credit Union is a full-service, not-for-profit, community-chartered financial services organization. Founded in 1922, we celebrated 90 years in business in 2012.
AllCom was originally chartered to provide financial services exclusively to employees of the Telephone Company."
