USDA Vs. FHA Pro and Con comparison in Freeport, Cumberland County, ME
For 2026, the USDA loan cap in Freeport, part of Cumberland county in ME, is $370,700, whereas the FHA cap for a single-family dwelling is $506,000.
Utilize Lendersa®'s USDA loan calculator to compare the best current rates between USDA and FHA loans, assisting you in evaluating income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator lets you examine USDA, FHA, Conforming, and VA loans together, guiding you to choose the best program in that fits your financial needs.
Limits and Down Payment Conditions for 2026 in Freeport, Cumberland County, ME
Loan Type
Loan Limit
Down Payment
USDA
$370,700
0%
FHA
$506,000
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Choices in Freeport, ME
Lendersa® aims to connect you with the best USDA or FHA loans quickly, without unnecessary stress. Choose from three clear starting paths to find matching lenders and USDA loan packages.
The USDA home loan, guaranteed by the Department of Agriculture, often called the USDA rural development loan or USDA mortgage, is solely available in rural settings. Contrasting FHA loans, which require at least a 3.5% down payment, USDA loans necessitate no down payment at all.
Midcoast Federal Credit Union is a not-for-profit financial cooperative, owned by our Members who are residents, relatives, or people employed by numerous businesses throughout the Midcoast Region of Maine. Midcoast Federal Credit Union serves the communities of Sagadahoc, Lincoln and Knox counties along with residents and businesses.
We are committed to providing our clients with the highest quality financial services. A member of the Corey Scott Team will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs. Whether you are purchasing your dream home, refinancing an outstanding loan
The LISBON COMMUNITY FEDERAL CREDIT UNION is a not for profit, full service financial institution owned by and operated for our Members. The LCFCU was founded in 1959 to serve those who reside or work in the Lisbon, Lisbon Falls and Durham areas. Since that time, this federally chartered, federally insured Credit Union has grown steadily.
Cumberland County Federal Credit Union (CCFCU) is the 8th largest credit union in Maine, locally operated and member-owned, and offering a full range of financial services. Headquartered in Falmouth, ME, CCFCU currently has a Contact Center and five branch locations – Portland, Westbrook, Gray, Windham and Yarmouth.
Constant is transforming the business of getting America’s $14.6 trillion household debt repaid by automating manual loan management tasks and empowering borrowers to self-serve. We modernize loan servicing with interactive, digital solutions so borrowers can better understand, manage and pay back their debts.
Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
Carriage House Mortgage seeks to create excellence within the real estate community. It is our goal to provide sensible, prudent and expert lending services to each one of our clients. We will ensure that we provide only the most appropriate lending products. Our goal is to provide our customers with fair mortgage rates at reasonable prices.
First Federal Savings and Loan Association of Bath
125 Front St, Bath, ME, 04530
Lends in Maine
Our mission is to provide a high level of customer satisfaction by offering a number of products and services in a friendly and relaxed environment. From current interest rates to product information, you’ll find everything you need here, at your convenience. In 1935 First Federal Savings & Loan was founded with only $2,635 in assets.
Our Mission is Delivering true convenience through extended hours, modern & traditional banking services and trusted solutions. Five County Credit Union was founded by the employees of Bath Iron Works in 1956 and was then known as the "BIW Employees Federal Credit Union". In 1993, the credit union converted to a state charter.
