USDA Vs. FHA Pro and Con comparison in Corning, Steuben County, NY

In 2026, the USDA loan limit set for Corning in Steuben county, NY, is $336,500. For a single-family home, the FHA limit stands at $472,030.

Utilize the Lendersa® USDA loan calculator to compare current USDA versus FHA best rates, determining the income, credit, reserves, and documentation needed for qualification. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA options side by side, helping decide which program in suits your financial situation best.

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2026 Loan Limits and Down Payment Details in Corning, Steuben, 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 Options in Corning, NY

Lendersa® aims to swiftly secure the best USDA or FHA loans with minimal hassle. Opt for one of three starting paths leading to matching lenders and suitable USDA programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NY

A USDA home loan, backed by the government Department of Agriculture, also referred to as a USDA rural development loan or USDA mortgage, is available only in rural neighborhoods. In contrast to FHA loans requiring a minimum 3.5% down payment, USDA loans require none, enhancing accessibility.

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



  • First American Bank
  • 303 W Main St, Artesia, NM, 88210
  • First American Bank serves New Mexico with sixteen full service locations in fourteen communities and mortgage offices in Ruidoso, NM, and Rio Rico, AZ. Over the past century, First American Bank has remained true to its mission by providing a full spectrum of financial services; building lasting customer relationships
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  • South Texas Federal Credit Union
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  • South Texas Federal Credit Union is a full service Financial institution established in 1952 in McAllen, TX. STFCU offers checking and savings, as well as CDs and IRAs, accounts to any resident of the Hidalgo County, but with 55, 000 ATMs nationwide for the convenience of our members.
  • Lone Star National Bank
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  • Lone Star National Bank is a full-service independent community bank with many locations across South Texas, founded on January 23, 1983. Lone Star National Bank is a technologically advanced, full-service, independent, community bank with over 700 employees and many locations across South Texas.
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  • Global Fox Financial
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  • A.A. Genesis Investments, LLC
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  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.