USDA VS FHA in Milford-Mill, Baltimore County, MD

For 2025, the USDA loan limit in Milford-Mill, within Baltimore county, MD, is set at $430,500. Meanwhile, the FHA limit for a single-family home is $538,200.

Utilize the Lendersa® USDA loan calculator to compare today's top USDA vs. FHA rates, assessing the necessary income, credit, reserves, and documentation needed to qualify. Our sophisticated mortgage calculator presents USDA, FHA, Conforming, and VA loans side by side to assist in choosing the best option for your financial scenario in Alabama.

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Loan Limits and Down Payment Requirements for 2025 in Milford-Mill, Baltimore, MD

Loan Type Loan Limit Down Payment
USDA $430,500 0%
FHA $538,200 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Options in Milford-Mill, MD

Lendersa® strives to secure you the best USDA or FHA loan quickly and without hassle. Choose from three starting points to align with matching lenders and appropriate USDA loan programs.

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Understanding USDA Loans in MD

A USDA home loan, commonly known as a USDA rural development loan or USDA mortgage, is backed by the U.S. Department of Agriculture and is applicable in rural areas. Unlike FHA loans, which require a minimum 3.5% down payment, USDA loans require none.

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



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