USDA VS FHA in Coram, Suffolk County, NY

In 2025, the USDA loan limit in Coram, Suffolk county, NY is set at $776,600, whereas the FHA limit for a single-family home is $1,089,300.

Leverage Lendersa® USDA loan calculator to analyze today's optimal USDA and FHA rates. This tool helps ascertain the income, credit, reserves, and documents needed for qualification. With our advanced mortgage calculator, you can compare USDA, FHA, Conforming, and VA options side by side, guiding you to select the best program for your financial situation in .

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2025 Loan Limits and Down Payment Requirements in Coram, Suffolk County, NY

Loan Type Loan Limit Down Payment
USDA $776,600 0%
FHA $1,089,300 3.5%
Conventional Conforming $1,089,300 3%

Discover USDA and FHA Loan Options in Coram, NY

Lendersa® aims to connect you with the ideal USDA or FHA loan promptly and with ease. Choose one of three starting points to find matching lenders and access USDA loan programs.

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Understanding USDA Loans in NY

A USDA home loan, otherwise known as a USDA rural development loan, is guaranteed by the Department of Agriculture and is exclusively available for rural areas. Contrasted with FHA loans that require a minimum down payment of 3.5%, USDA loans have no down payment requirement, offering considerable advantages to eligible rural borrowers.

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



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