USDA and FHA Pro and Con in Biddeford, York County, ME
For 2026, the USDA loan limit for Biddeford in York, ME, is $370,700, while the FHA cap is set at $506,000 for a single-family house.
Utilize the Lendersa® USDA loan calculator to compare the current USDA versus FHA best rates. This tool helps you ascertain the income, credit, reserves, and documentation required to qualify. Our sophisticated mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, aiding your decision for the most suitable program in for your financial needs.
2026 Loan Caps and Down Payment Requirements in Biddeford, York, ME
Loan Type
Loan Limit
Down Payment
USDA
$370,700
0%
FHA
$506,000
3.5%
Conventional Conforming
$726,200
3%
Available USDA and FHA Loan Options in Biddeford, ME
Lendersa® is committed to swiftly securing the perfect USDA or FHA loan for you, free of stress. Choose one of three entry points to connect with lenders and align with the USDA loan plans.
A USDA home loan is backed by the federal Department of Agriculture, often known as a USDA rural development loan or USDA mortgage, and is aimed at rural areas. In contrast to FHA loans, which need at least a 3.5% down payment, USDA loans require no down payment at all.
Atlantic Federal Credit Union serves Southern Maine in Biddeford, Brunswick, Cumberland, Freeport, Sanford, Saco, Topsham, and York. With Atlantic Kasasa Free Checking, along with great Auto Loan and Mortgage rates Atlantic believes that better rates can lead to a better future and a better life.
Saco Valley is a not-for-profit, member-owned financial cooperative. Our mission is to provide quality financial services to our members in a personal, friendly and efficient manner, while maintaining financial stability. As a democratic member-owned financial institution, we exist to serve our members.
Saco & Biddeford Savings is a mutual savings bank with the commitment to offer its customers the best rates and lowest fees possible. Maine’s Oldest Bank has maintained an incredible record of support to the communities in its service area and beyond. Saco & Biddeford Savings actively assists many local clubs, groups, and non-profit organizations
Our mission statement is rather simple: Offer competitive rates and close loans as quickly as possible. We specialize in residential lending and work with over 20 different banks and mortgage companies. As a result, we are able to shop each lender for the lowest rates and best programs available.
J.D. Stewart Financial is your local, one-stop, financial planning service agency. Finances can be complex. We believe the proficiency an individual needs is best provided by an independent agent --someone with the integrity and professionalism to take the time to learn about your specific needs
Founded in 1963, PeoplesChoice Credit Union is a leading Maine credit union proudly serving over 17,000 members and managing $180 million in assets. Membership eligibility includes anyone who lives, works or attends school in York and Cumberland County, and the immediate family of PeoplesChoice members
37 Western Avenue, Suite 308, Kennebunk, ME, 04043
Lends in Maine
Big Horizon mortgage professionals deliver the market’s best programs and competitive rates from trusted institutions. Customers benefit from a wide variety of offerings. Independent relationships with leading national and local lending institutions allow Big Horizon to tailor solutions to individual needs.
On July 22, 1867, Biddeford Savings received its initial bank charter by an act of the Maine Legislature. From those earliest days we have focused on a few simple ideals — treating our customers like family and developing a deep and meaningful relationship with our local community and neighbors
Maine Mortgage Solutions LLC is your source for finding the right home financing option that suits your needs and budget. Whether you're a first-time homebuyer, bought and sold a hundred homes, or looking to invest we can help you.
Mark Violette is the owner of Maine Mortgage Solutions LLC
