USDA Vs. FHA Pro and Con comparison in Presque-Isle, Aroostook County, ME

During 2025, the USDA loan limit applicable to Presque-Isle in Aroostook county, ME, is $285,000, while for a single-family home, the FHA cap is $356,362.

Make use of the Lendersa® USDA loan calculator to evaluate which of today's USDA or FHA rates are the most favorable. It'll assess the required income, credit level, reserves, and necessary documentation to qualify. With our sophisticated mortgage calculator, you can concurrently view options for USDA, FHA, Conforming, and VA programs, so you can choose the best fit in for your particular financial circumstances.

Evaluate and compare offers from a network of 100 lenders

Explore the 2025 Loan Limits and Down Payment Requirements in Presque-Isle, Aroostook County, ME

Loan Type Maximum Loan Limit Down Payment Rate
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Options for USDA and FHA Loans in Presque-Isle, ME

The primary aim of Lendersa® is to quickly and smoothly acquire the best possible USDA or FHA loan for you. Start with any of three methods to match with lenders who offer USDA loan programs.

Lendersa USDA loan requests and matching analyses

Understanding USDA Loans in ME

USDA home loans, commonly known as USDA rural development loans or USDA mortgages, are guaranteed by the government Department of Agriculture and are exclusively for rural neighborhoods. Unlike FHA loans which require a minimum of 3.5% for a down payment, USDA mortgages need no down payment whatsoever.

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



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