USDA Vs. FHA Pro and Con comparison in Damascus, Montgomery County, MD
In 2026, 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 .
2026 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.
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.
Clarksville Mortgage Corporation, where we specialize in residential mortgages. At Clarksville Mortgage Corporation, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
12123 Heritage Park Circle, Silver Spring, MD, 20906
1RATE is a premier mortgage advisory firm. 1RATE specializes in home purchases, refinance, FHA loans, VA Loans. We guide our clients to review and select the best mortgage that fits their financial strategy - and show them how to leverage their mortgage as a financial tool instead of a burden. We are client-first by being employee-first!
3745 Running Springs Road, Ellicott City, MD, 21042
KPG Mortgage is a full-service mortgage company offering some of the lowest interest rates on the market for refinances and new home purchases and also We have a simple process, from a straightforward application to an on-time closing. Our expertise translates to a great customer experience. Let us be your trusted advisor.
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.
Corridor Mortgage Group, we nurture the integrity in every employee. We believe each employee should bring strong relationships and build new ones within the company that foster an atmosphere where teamwork is second nature. Every employee should excel at their position; we hire only employees with the highest level of competency.
11110 Dovedale Ct, Suite 28A, Marriottsville, MD, 21104
We will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the ideal mortgage for you.
11810 Grand Park Avenue,, North Bethesda, MD, 20852
REID Lending Partners is one of the Mid-Atlantic's premier private mortgage lender and Investment management firm providing small balance commercial loan solutions to real estate investors and property owners, all while generating competitive returns for its partners and investors.
1335 Rockville Pike, Suite 310, Rockville, MD, 20852
TopOne Mortgage Inc is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools.
FitzGerald Financial Group is your hometown mortgage company. As a division of TowneBank, we uphold the principles and philosophies that have been established by our hometown traditions. FitzGerald Financial Group is dedicated to providing the personal experience that you expect from a hometown lender with the most advanced technology available to
Lafayette Federal Credit Union is one of the premiere financial institutions in the Washington, D.C. area. Since our founding in 1935, we have sought to provide our members with a safe and convenient place to save, and to offer loans at rates and terms more favorable than those of other financial institutions.
At America Trust Funding, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options.
