USDA Vs. FHA your options comparison in Waterboro, York County, ME
In the year 2026, the USDA loan limit set for a single-family home in Waterboro, located in the county of York, ME, stands at $370,700. In comparison, the FHA loan limit is $506,000.
To compare today's optimal USDA and FHA rates, and to understand the requirements for income, credit, reserves, and documentation necessary for qualification, utilize the Lendersa® USDA loan calculator. By using this comprehensive tool, you can conveniently evaluate USDA, FHA, Conforming, and VA programs side by side, assisting you in choosing the most suitable option for your financial needs in .
Details on loan limits and down payment obligations for 2026 in Waterboro, part of the county of York, ME
Loan Type
Maximum Loan Limit
Required Down Payment
USDA
$370,700
0%
FHA
$506,000
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA loan options in Waterboro, ME
The mission at Lendersa® is to efficiently secure the best USDA or FHA loans for you, without unnecessary hurdles. Choose from three starting points, which help match you with lenders and the appropriate USDA loan programs.
A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is backed by the United States Department of Agriculture. This loan type is available exclusively in rural areas. Contrasting with FHA loans, which necessitate a minimum down payment of 3.5%, USDA mortgages require no down payment at all.
Ossipee Lake Mortgage can assist you from start to finish in the process of buying your new home. We will Pre-Approve you so that you can search for your new home with confidence. Your Real Estate Agent also knows you are qualified and ready to go. This is a step ahead of other buyers in the competition to make an offer.
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.
Casco Federal Credit Union is a not-for-profit financial institution that is proud to be member-owned and locally operated. With over 60 years of service in Southern Maine, we've helped tens of thousands of our neighbors build the lives they want and deserve. From opening your first Checking Account, to financing your first home.
Saco Valley is a not-for-profit, member-owned financial cooperative. Our mission is to provide quality financial services to our members in a personal, friendly and efficient manner, while maintaining financial stability. As a democratic member-owned financial institution, we exist to serve our members.
Saco & Biddeford Savings is a mutual savings bank with the commitment to offer its customers the best rates and lowest fees possible. Maine’s Oldest Bank has maintained an incredible record of support to the communities in its service area and beyond. Saco & Biddeford Savings actively assists many local clubs, groups, and non-profit organizations
Our mission statement is rather simple: Offer competitive rates and close loans as quickly as possible. We specialize in residential lending and work with over 20 different banks and mortgage companies. As a result, we are able to shop each lender for the lowest rates and best programs available.
J.D. Stewart Financial is your local, one-stop, financial planning service agency. Finances can be complex. We believe the proficiency an individual needs is best provided by an independent agent --someone with the integrity and professionalism to take the time to learn about your specific needs
Founded in 1963, PeoplesChoice Credit Union is a leading Maine credit union proudly serving over 17,000 members and managing $180 million in assets. Membership eligibility includes anyone who lives, works or attends school in York and Cumberland County, and the immediate family of PeoplesChoice members
Partners Bank, formerly SIS Bank, was founded in 1933 and is headquartered in Sanford, Maine, with additional branch locations in Springvale, South Sanford, Limerick, Buxton, Waterboro, Wells and York, Maine, as well as Portsmouth and Rye, New Hampshire. Partners Bank, formerly SIS Bank, completed a rebrand in July 2019
