USDA VS FHA in Wells, York County, ME

In 2025, the USDA loan cap for Wells in York county, ME is $370,700, while the FHA limit for a single-family residence is $506,000.

Leverage Lendersa® USDA loan calculator to evaluate today’s top USDA versus FHA rates. Discover the required income, credit, reserves, and documents for qualification. Our advanced mortgage calculator allows you to compare USDA, FHA, Conforming, and VA loans side by side, aiding you in selecting the most suitable program in for your financial scenario.

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2025 Loan Limits and Down Payment Requirements in Wells, York county, ME

Type of Loan Loan Maximum Down Payment
USDA $370,700 0%
FHA $506,000 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA Loan Solutions in Wells, ME

The aim of Lendersa® is to secure the best USDA or FHA mortgage quickly and without difficulty. Choose from three starting avenues to align with lenders and USDA loan schemes.

Lendersa USDA loan request and match outcomes

Understanding USDA Loans in ME

A USDA loan, secured by the U.S. Department of Agriculture, is also called a USDA rural development loan or USDA mortgage and is valid in rural areas only. Unlike FHA loans requiring at least a 3.5% down payment, USDA loans need no down payment at all.

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



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