USDA and FHA Pro and Con in Ballston-Spa, Saratoga County, NY
In the year 2025, the USDA loan limit for Ballston-Spa, within Saratoga county in NY, is established at $285,000. Conversely, the FHA loan limit for a single-family home is set at $356,362.
Use Lendersa® USDA loan calculator for comparing today's leading USDA versus FHA rates, determining the needed income, credit score, reserves, and documentation to qualify. This advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, assisting you in selecting the ideal program for your financial needs in .
Loan Limits and Down Payment Requirements for 2025 in Ballston-Spa, Saratoga, NY
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in Ballston-Spa, NY
The primary aim of Lendersa® is to provide you with the best USDA or FHA loan terms swiftly and smoothly. Choose from three starting steps that connect you with matching lenders and USDA loan programs tailored to your situation.
A USDA home loan is a mortgage insured by the government through the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage. It is offered exclusively in rural areas. Whereas FHA loans require a minimum down payment of 3.5%, no down payment is needed for the USDA mortgage.
Tri State Area Federal Credit Union (TSAFCU) is a full-service member-owned not-for-profit community credit union. It was founded in 1953 and continues to grow strong. We focus on providing good old-fashioned “member” service while helping our members answer financial questions, buy new or used vehicles, purchase and refinance homes
Great Meadow Federal Credit Union is a Financial Services company serving Warren, Washington and Essex Counties in New York, as well as Addison, Bennington and Rutland Counties in Vermont for over 60 years. BauerFinancial 5Star rated for over 25 consecutive years.
We are a not-for-profit cooperative financial institution serving
OLIN SCOTT FUND, INC. has provided financial assistance since 1920. Now, this post-secondary educational loan opportunity is available to all full-time students. It provides easy and affordable loans to help Bennington County residents further their college, vocational, and professional educations.
"Kittredge Mortgage Corporation holds a Lenders License in Vermont. We finance one to four family homes, condominiums and planned unit developments. The properties may be primary homes, vacation homes or investment properties.
Kittredge Mortgage Corporation has always been adaptable to change."
The Bank of Richmondville was established in 1881 by the honorable Judge John Westover and James Foster as a privately owned bank. The bank's initial facility was located at Main and Summit Streets in Richmondville, New York.
In the fall of 1893, through the efforts of William Lewis and A.D. Frasier, the Bank of Richmondville was organized
MountainOne is dedicated to the local communities we serve, with a mission of delivering solutions of real value that help individuals, businesses, and community institutions manage their financial lives with clarity & confidence. Founded in 1848, MountainOne Bank provides a complete array of personal and business banking and electronic services.
At National Bank of Coxsackie, we pride ourselves on being a reliable hometown bank that focuses on customer service. We are committed to providing you with the finest products and services possible. National Bank of Coxsackie understands that not every individual is the same and views our customers as such.
Adams Community Bank is a responsive, community-focused, mutually owned savings bank providing premier banking services to the people and businesses of the Berkshires. Headquartered in Adams, MA, we have 8 full-service branch locations in Adams, North Adams, Williamstown, Cheshire, Lanesborough, Lenox, and Lee.
At MyCom FCU we offer competitive rates on auto loans as well as above average interest rates for Certificates of Deposit and Money Market Accounts Our Mission is to continue to promote the basic principle of people helping people, while providing services that meet the diverse and ever changing needs of our membership
Greylock Federal Credit Union is an independent company, wholly owned by its members. This is what distinguishes the Credit Union from other financial institutions. Members put their money in a variety of savings accounts, and that money, in turn, is lent to members. After operating expenses and reserve requirements
The Pittsfield Cooperative Bank marks over 130 years in business. The Bank has grown quietly and steadily over the years with the unwavering commitment to its customers, employees, and communities. Our story is of family homes funded and dreams realized, and of providing assistance to businesses and entrepreneurs.
