USDA and FHA Pro and Con in Augusta, Kennebec County, ME
In the year 2026, the USDA loan cap for Augusta in Kennebec County, ME, stands at $336,500. In contrast, the FHA loan cap is $472,030 for a single-family residence.
Leverage the Lendersa® USDA loan calculator to assess current USDA and FHA optimum rates. This tool helps to determine the income, credit standing, reserves, and necessary documents for qualification. Our sophisticated mortgage calculator lets you compare USDA, FHA, Conforming, and VA loans side by side, aiding you in selecting the right program in for your financial goals.
2026 Loan Caps and Down Payment Requirements in Augusta, Kennebec County, ME
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Augusta, ME
The mission of Lendersa® is to secure the most advantageous USDA or FHA loan for you speedily and without stress. Select from three introductory pathways to connect with lenders and align with USDA loan schemes.
A USDA home loan is a finance option backed by the U.S. Department of Agriculture, alternatively known as a USDA rural development loan or USDA mortgage, applicable exclusively to rural communities. Unlike FHA loans requiring a minimum down payment of 3.5%, USDA mortgage financing demands no down payment at all.
Maine State Credit Union is devoted to improving our members' financial lives, not just the bottom line. From the CEO to the tellers in the lobby, we embrace this mission every day, in person, online, and over the phone. Membership means better service. That friendly greeting in the lobby is real.
At Trademark, we are committed to delivering excellent service, while providing professional financial guidance, education, and the right combination of products and services to help our Members and their families build and sustain financial security. We will seek continued growth – for the benefit of our Members.
KV Federal Credit Union is a member owned financial institution, that is based on building relationships one member at a time through a professional, courteous and genuine approach. We pride ourselves on providing outstanding quality financial products, services and technology while maintaining a financially sound institution.
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Capital Area Federal Credit Union is a not for profit, member owned organization that has been proud to serve our community members for over 65 years.We have grown over time but have not forgotten who we are & those who have supported us over the years.We offer a full range of financial products & services; from share accounts to checking accounts.
Our credit union is a not-for-profit, cooperative financial institution owned by its members. Business decisions at Winthrop Area FCU are driven by what is in the best interests of the membership. As a credit union founded to help under-served individuals, we continue to believe that access to financial services.
We are committed to lifelong financial relationships with our members and our communities, built on respect, integrity and trust. Gardiner Federal Credit Union is a not-for-profit financial cooperative established in 1953, we join in a time-honored tradition of providing financial services to our membership.
The 1950s were lean years in Maine. Seeing potentially no means of a savings plan within daily work boundaries, realizing finance companies were charging such high-interest rates, and knowing that Credit Unions were paying more on shares, the team of Gus Fortin, Henry Moses, and William Lynch approached Mr. Parsons of the Keyes Fibre Company.
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