USDA Vs. FHA Pro and Con comparison in Catlin, Chemung County, NY

In 2025, the USDA loan cap in Catlin, in the county of Chemung, NY, is $336,500. For a single-family home, the FHA limit is $472,030.

Use the Lendersa® USDA loan calculator to contrast today's leading USDA and FHA rates. It will help you determine the necessary income, credit, reserves, and documentation needed to qualify. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, guiding you in choosing the right program for your specific financial situation in .

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2025 Loan Limits and Down Payment Requirements in Catlin, Chemung, NY

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA Loan Opportunities in Catlin, NY

Lendersa® aims to secure you the best USDA or FHA loan expediently and without trouble. Choose from one of the three starting points to find matching lenders and USDA loan programs.

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What Is a USDA Loan in NY?

A USDA home loan, also referred to as a USDA rural development loan or USDA mortgage, is a government-secured loan available only in rural areas. Unlike FHA loans which require a minimum 3.5% down payment, a USDA mortgage has no down payment requirement.

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



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