USDA Vs. FHA your options comparison in Damascus, Montgomery County, MD

In 2025, the USDA loan limit for Damascus, situated in Montgomery county, MD, is $776,600. Meanwhile, the FHA limit for a single-family home stands at $1,089,300. These figures provide essential guidance for prospective homebuyers.

Utilize Lendersa®'s USDA loan calculator to compare the optimal USDA and FHA rates available today. Determine the necessary income, credit level, reserves, and documents for qualifying. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA loans side by side, helping you identify the most suitable option for your financial objectives in .

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2025 Loan Limits and Down Payment Requirements in Damascus, Montgomery, MD

Loan Type Loan Limit Down Payment
USDA $776,600 0%
FHA $1,089,300 3.5%
Conventional Conforming $1,089,300 3%

Exploring USDA and FHA Loan Options in Damascus, MD

At Lendersa®, the objective is to secure the best possible USDA or FHA loan promptly and without hassle. Choose from one of three initial paths to discover lenders that align with USDA loan programs tailored to your needs.

  1. Submit your ultimate USDA/FHA loan optimization request
  2. Assess USDA and FHA rates & terms ahead
  3. Explore the most comprehensive database of USDA loans lenders
Visualization of results from Lendersa USDA loan inquiries

Defining USDA Loans in MD

A USDA home loan is guaranteed by the Department of Agriculture and is commonly referred to as a USDA rural development loan or USDA mortgage. Available exclusively in rural areas, this loan does not require any down payment, unlike FHA loans, which require a minimum of 3.5%, offering a distinct advantage for qualified buyers.

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