USDA Vs. FHA Pro and Con comparison in Montague, Franklin County, MA
In the year 2026, the USDA loan ceiling in Montague, county of Franklin, MA is set at $336,500, whereas the FHA limit for a single-family home is $472,030.
Utilize Lendersa® USDA loan calculator to compare the present USDA versus FHA prime rates and determine the income, credit score, reserves, and documents needed for qualification. Using our advanced mortgage calculator, view USDA, FHA, Conforming, and VA side by side, aiding in selecting the most fitting program in for your financial needs.
2026 Loan Limits and Down Payment Requirements in Montague, Franklin, 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 Montague, MA
Lendersa® strives to obtain the most suitable USDA or FHA loan quickly and hassle-free for you. Start from one of three options leading to matching lenders and USDA loan choices.
A USDA home loan is guaranteed by the government Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, and is available only in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA mortgage loans require no down payment at all.
Greenfield Savings Bank has stayed true to its mission to provide a secure place for local residents to save and to access financial products and resources. Today, we continue that commitment with offices throughout Franklin and Hampshire Counties and through online and mobile banking.
Our mission is to provide fairly-priced banking products, financial services and consumer and commercial loans of all types to help local businesses grow, assist individuals and families in achieving their own financial goals, and in this manner make the communities we serve stronger and more prosperous.
Franklin First began in 1958 as four separate credit unions: Franklin County Public Hospital FCU, Franklin County Teachers FCU, Lunt Silversmiths, and Greenfield Tap & Die Credit Union. As the years went on, they became united by common goals and the desire to offer updated services for their members.
At UMassFive, we know that your success is our success. We are member-owned and member-run, which means a healthy local economy and a strong community is good for business—both ours and yours. As such, our Commercial Services division is designed to help your business grow and adapt with every evolving need, because when you win we all win.
Athol Savings Bank is a mutual savings bank based in Athol, Massachusetts. Our goal is to be the financial foundation in our community; working harder, reaching higher and delivering strength, stability and security to our customers. As we move forward, Athol Savings Bank is committed to being “A Solutions Bank” for our customers.
We were founded in 1930 as a member-owned, not-for-profit credit union with the goal of providing the highest quality banking products at the best possible prices, delivered with professional, one-on-one personal service. In 2015, we were designated as a Community Development Financial Institution by the U.S.
Our commitment to sound banking, combined with our promise to provide the best service available, has made us one of the fastest growing banks in our area.
Florence Bank remains committed to serving the community as a local bank. The bank is depositor owned and its Directors and Corporators are all actively involved in the local community.
We are a state-chartered 1.7 billion-dollar mutual savings bank with offices in central and western mass. We've gone above and beyond for our customers since 1850. We value respect, courtesy, and excellence in service above all. As a mutual bank, we answer our customers first, not to investors.
