USDA and FHA Pro and Con in Westernport, Allegany County, MD
In 2025, the USDA loan limit for Westernport, in Allegany county, MD, is $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to compare the current USDA vs. FHA rates, identifying the necessary income, credit, reserves, and documents for eligibility. Our advanced mortgage calculator allows you to see USDA, FHA, Conforming, and VA options side by side, aiding in selecting the best suited program in for your financial well-being.
2025 Loan Limits and Down Payment Requirements in Westernport, Allegany County, MD
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 Choices in Westernport, MD
Lendersa® strives to deliver the best USDA or FHA loans swiftly and without difficulty. Choose from one of three approaches to connect with matching lenders and delve into USDA loan programs.
The USDA home loan, also referred to as a USDA rural development loan or USDA mortgage, is guaranteed by the Department of Agriculture and is available exclusively in rural areas. Unlike FHA loans, which require a 3.5% minimum down payment, USDA loans have no down payment requirement, providing greater affordability for eligible buyers.
selecting a mortgage company there are two options; a bank/retail lender or a broker. Big national retail lenders typically have really good marketing and fancy office buildings but someone has to pay for all that, that someone is you via higher rates and costs. Most of these companies are good companies but simply have higher overhead resulting.
Home Mortgage Lending Owner Rick Gillit has 20 Years experience in the Colorado Real Estate & Home Mortgage/Lending industry. Many like you have trusted him to walk them successfully through the Home Loan process to their "Closing". You will find that Rick Gillit is very thorough and will help you understand .
Cowboy Country Federal Credit Union is an under served financial institution owned and operated by our members. We re-invest our member’s money into the community of Premont, Texas and the surrounding area. The reinvestment of funds back into the local communities provides a full range of personal affordable financial services to our members.
555 Middle Creek Pkwy, Suite 500, Colorado Springs, CO, 80921
View Mortgage delivers a smarter, faster, and all-around better home financing experience through fine-tuned processes and expert support. As the preferred lender for View Homes, helping our clients reach their home ownership goals is our number one priority and Licensed in Texas, Colorado, Florida, South Dakota, and New Mexico.
13570 Northgate Estates, Suite 200, Colorado Springs, CO, 80921
Bear Creek Mortgage Corp. 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
1301 Hazeline Lake Drive, Colorado Springs, CO, 80921
We have over 22 years of experience originating mortgages in Colorado. We fund Conventional, VA, FHA, Jumbo and USDA loans. Here at A&A Mortgage we strive for the best customer service and fast closings. This is why we partner with the best lenders in America. Give us a call, you will see the difference.
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.
15455 Gleneagle Drive, Suite 230, Colorado Springs, CO, 80921
"We are a local based company here in Colorado Springs and work face to face with each one of our clients.
We specialize in Home Purchases and Refinances with Government backed loan such as FHA, VA, Fannie Mae and Freddie Mac.
Let us do the shopping for you, as we have over 10 different Nationwide"
2139 Chuckwagon Road, Suite 315, Colorado Springs, CO, 80919
Island View Private Loan Fund’s (IVPLF) core investment strategy focuses on private lending to entities purchasing real estate such as non-owner occupied houses, fix and flip properties, and 1-4 unit rental properties. While most private loans or asset-based lenders rely primarily upon the value of the real estate backing the mortgage to determine
6805 Corporate Drive, Suite 115, Colorado Springs, CO, 80919
At Indigo Mortgage Colorado, we always say that “no one cares more about your mortgage loan”. We believe our borrowers experience a different relationship when they work with the certified staff at Indigo Mortgage Colorado. We take pride in the fact that you’ll work with the same Indigo Mortgage Colorado professional throughout your loan process
913 Dancing Horse Drive, Colorado Springs, CO, 80919
Age In Place Mortgage Company to provide mortgages at lower costs than the Big National Banks, and impersonal High-Overhead lending institutions, and pass the savings on to my clients. I provide personalized service to borrowers on Colorado’s Front Range communities from Colorado Springs north to Denver and Ft. Collins without requiring my clients
6385 Corporate Drive, Suite #301, Colorado Springs, CO, 80919
From your first home purchase to a refinance or specialty loan program, Lendello has the knowledge, integrity and experience to guide you through the entire process from start to finish. We make securing a mortgage simple and straightforward by offering you access to the most advanced financial tools
