USDA Vs. FHA Pro and Con comparison in Millinocket, Penobscot County, ME
In 2025, USDA loan limit in Millinocket, county of Penobscot, ME is $336,500 while FHA limit is $472,030 for a single-family home.
Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.
2025 loan limits and downpayment requirments in Millinocket, county of Penobscot, ME
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA loan options in Millinocket, ME
Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.
USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
At Tamaela Mortgage, we live by these core values – integrity, trust, commitment, service, and knowledge – every day, in every client relationship. Our product knowledge, work ethic, and dedication to service combine to deliver an unparalleled customer experience. Rob Tamaela, President and CEO at Tamaela Mortgage.
Our mission is to serve our customers with honesty, integrity & competence. Our goal is to provide home loans that make sense for our clients. We have the experience to help borrowers solve problems throughout the loan process. John Barlow is the President, Owner, Designated Mortgage Broker & Mortgage Loan Officer for Sound Financial Mortgage LLC.
8345 W. Sunset Rd, Suite 380, Las Vegas, NV, 89113
We have been committed to serving the needs of our borrowers for over 30 years. We are a full-service lender offering quick pre-approvals, in-house underwriting and on-time closings at competitive interest rates. While most lenders have limited flexibility in qualifying home buyers.
8337 West Sunset Road, Suite 300, Las Vegas, NV, 89113
Our team constantly strives for self improvement and incorporate this knowledge and education to help our clients have a better experience. I have been lending since 1997 so I already know what the underwriter is looking for and can prepare you for that process. That means simplicity for you, and an advocate to show you how to navigate the waters
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
"Lone Mortgage has been open since 2006
Offering the industry's deepest menu of loan programs, allowing us to close loans when other lenders have said no. We are dedicated to providing superior service combined with innovative loan programs to ensure the greatest value for our customer... creating a ""Client for Life."""
5185 S. Durango Drive, Unit 2, Suite 101, Las Vegas, NV, 89113
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
At All Western Mortgage, we leverage our talent and resources to reinvent our industry, continuously striving to be recognized as a leader in the mortgage business. We always aspire to provide superior service combined with innovative loan programs to ensure the greatest value for our customers, creating a “Client for Life”.
5155 S Durango Dr, Suite 102, Las Vegas, NV, 89113
Sandstone Home Loans provides access to home loans for homeowners seeking to consolidate debt, shorten their current loan term, or just lower their current interest rate. As well we work with home buyers, whether they are a first-time home buyer or a seasoned investor. We will work with a customer from the beginning stages.
We are committed to serving the needs of borrowers, real estate professionals and loan officers alike, as we uphold the highest ethical standards and treat our clients and business partners with the utmost respect and honesty. We take our commitments seriously and do the right thing without compromise.
