USDA Vs. FHA your options comparison in Old-Orchard-Beach, York County, ME

In 2025, the USDA loan limit for Old-Orchard-Beach, located in York county of ME, is $322,900. Meanwhile, the FHA limit for a single-family home is $403,650.

Use the Lendersa® USDA loan calculator to compare today's best rates for USDA versus FHA and determine the income, credit, reserves, and documents needed to qualify. Our advanced mortgage calculator allows side-by-side comparisons of USDA, FHA, Conforming, and VA options, assisting you in finding the best program for your financial needs, especially if you're in Alabama.

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2025 Loan Limits and Downpayment Requirements in Old-Orchard-Beach, County of York, ME

Loan Type Loan Limit Down Payment
USDA $322,900 0%
FHA $403,650 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Options in Old-Orchard-Beach, ME

Lendersa® aims to swiftly secure the best USDA or FHA loan for you, without hassle. Choose one of three different starting points to connect with lenders and explore suitable USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in ME

A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is guaranteed by the Department of Agriculture and available only in rural areas. Unlike FHA loans, which require a minimum 3.5% down payment, USDA loans do not require any down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



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