USDA Vs. FHA your options comparison in Gray, Cumberland County, ME
For 2026, the USDA loan limit in Gray, Cumberland county, ME, is set at $370,700, whereas the FHA limit for a single-family home is $506,000.
Utilize the Lendersa® USDA loan calculator to evaluate the best rates today between USDA and FHA, and determine the necessary income, credit score, reserves, and documents required for qualification. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA options side by side, aiding you in selecting the optimal program for your particular financial situation in .
2026 Loan Limits and Downpayment Requirements in Gray, Cumberland County, ME
Loan Type
Loan Limit
Down Payment
USDA
$370,700
0%
FHA
$506,000
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Gray, ME
Lendersa® is committed to finding you the ideal USDA or FHA loan promptly, without any hassle. Choose one of three starting pathways that connect you with matching lenders and USDA loan programs.
A USDA home loan is guaranteed by the U.S. Department of Agriculture. Known as a USDA rural development loan or USDA mortgage, it is available in rural areas only. Unlike FHA loans, which require at least a 3.5% down payment, the USDA mortgage requires no down payment.
"Our team has built a strong reputation as an outstanding local mortgage company, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state.
We're a full service mortgage company with an experienced staff offering expertise in every area of mortgage lending"
Northstar Mortgage Group LLC specializes in matching home buyers with the right mortgages. We’re committed to providing the highest quality service available anywhere. Northstar Mortgage Group LLC is Mortgage Broker so we can custom fit your needs! When you get pre-approved through Northstar Mortgage Group.
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.
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
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 a community bank focused on doing what’s best for our customers -- whether it’s providing a new service that works for more people, or taking the time to ask what more we can do to help. We offer every convenience for banking off-site or on-line, but never, ever compromise on personal attention.
