USDA Vs. FHA Pro and Con comparison in Newport, Penobscot County, ME
For the year 2025, the USDA loan limit for a single-family house in Newport, within Penobscot county, ME, is set at $336,500, whereas the FHA loan limit stands at $472,030.
Utilize the Lendersa® USDA loan calculator to juxtapose today's competitive USDA versus FHA rates. This tool helps evaluate the necessary income, credit score, financial reserves, and documentation needed for qualification. Our comprehensive mortgage calculator showcases USDA, FHA, Conforming, and VA loans in comparison, assisting in the selection of the most suitable program for your financial needs in .
2025 Loan Limits and Down Payment Details in Newport, Penobscot County, ME
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Newport, ME
The main aim of Lendersa® is to secure the optimal USDA or FHA loan for you swiftly and effortlessly. Begin with any of the three outlined options, which lead to connecting lenders and explore USDA loan programs.
The USDA home loan, endorsed by the U.S. Department of Agriculture, is also known as the USDA rural development loan or USDA mortgage. This loan is exclusively accessible in rural areas. Unlike FHA loans that require at least a 3.5% down payment, USDA loans necessitate no down payment.
American United Federal Credit Originally founded in 1952 as the Fort Douglas VA Hospital Federal Credit Union, the credit union began serving members out of a small room inside the VA Medical Center in Salt Lake City, Utah. The primary focus of the credit union was to serve the employees of Fort Douglas and the VA Medical Center.
Cardinal Mortgage Services 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
Cyprus Credit Union is a not-for-profit cooperative started in 1928 Cyprus Credit Union is the oldest active credit union in Utah and started with assets totaling less than $100.00. Our founders set out to promote thrift among members by affording a convenient means of saving and to loan funds to members for productive purposes.
7613 Jordan Blvd, Suite 100, West Jordan, UT, 84084
Emperiq believe the ability to have access to the best lenders & products across the country are the key to being able to lead in this industry.Not just for today,but more importantly,for tomorrow.Our ability to analyze each individual client & their unique situations & then match with the broad range of products that serve their needs the best.
2077 N Zaragoza Rd, Suite B202, El Paso, TX, 79938
The Entrust Capital Funding vision begins with a belief that real estate investments are a smart way to grow your assets and protect your financial future. As a private money lender, we focus on helping others obtain success. By providing investors and entrepreneurs with fast and reliable hard money loans.
This is Dollar Loan Center your Community Short-Term, personal loan provider with 57 locations across Nevada and Utah. Established in 1998, we’re the top provider of signature loans in the cash loan industry. The success of DLC signature loans is due to our competitive interest rate
8821 South Redwood Rd, Suite B, West Jordan, UT, 84088
First Fidelity Financial Services™ is owned and operated by Bryan Pettit a Certified Mortgage Planner who through tested and proven principles, delivers consistent, stable, insights and results into all aspects of residential mortgage lending, (home purchases, refinances and reverse mortgages).
Reverse Freedom Mortgage is a Utah owned and operated company headquartered in West Jordan, Utah. Our name says it all – since 2008 our only line of business is Reverse Mortgages. We are passionate about these products and about our clients who benefit from the programs we utilize to help secure a stronger retirement plan.
