USDA Vs. FHA your options comparison in Bar-Harbor, Hancock County, ME

In 2025, the USDA loan cap in Bar-Harbor, Hancock, ME is $285,000. The FHA limit for a single-family home is $356,362.

Lendersa® USDA loan calculator helps compare USDA and FHA rates, determining income, credit, reserves, and documents needed for qualification. Our tool shows USDA, FHA, Conforming, and VA options side by side, guiding your program choice in based on financial needs.

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2025 Loan Limits and Down Payment Requirements in Bar-Harbor, Hancock, ME

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Options in Bar-Harbor, ME

Lendersa® aims to provide swift access to optimal USDA or FHA loans. Start with any of three options to match with lenders and find USDA loan programs quickly.

Lendersa USDA loan request and matching results

What is a USDA Loan in ME?

A USDA home loan, backed by the Department of Agriculture, is known as a USDA rural development loan or mortgage and is tailored for rural areas, without the 3.5% minimum down payment that FHA loans require.

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



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