USDA Vs. FHA your options comparison in Elmira, Chemung County, NY
In 2025, the USDA loan limit for a single-family home in Elmira, positioned in Chemung, NY, is $336,500. Meanwhile, the FHA limit for a comparable property is $472,030.
Utilize the Lendersa® USDA loan calculator to assess today’s top rates between USDA and FHA loans, and determine the income, credit, reserves, and documentation needed to qualify. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side by side, assisting in selecting the best program for your financial situation in Alabama.
Loan Limits and Down Payment Requirements for 2025 in Elmira, Chemung, NY
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Diverse USDA and FHA Loan Options in Elmira, NY
The mission of Lendersa® is to facilitate you in securing the best USDA or FHA loans swiftly and with minimal effort. Choose from three unique pathways to connect with lenders and explore USDA loan programs.
A USDA home loan is backed by the Department of Agriculture, commonly referred to as the USDA rural development loan or USDA mortgage, intended for use in rural communities only. Unlike FHA loans which require a minimum 3.5% down payment, the USDA mortgage requires no down payment at all.
We are a wholesale residential mortgage lender who strives to do our best for all borrowers and applicants. In our best, we place ourselves in the applicant's shoes knowing their situation, and with our knowledge in the industry, help them make the best informed decision for the specific type of mortgage loan that will be most suitable for them.
Trinity Mortgage USA, Inc, is a product of a combined 50 years of mortgage and real estate experience. Our success is a direct reflection of how we treat all of our clients from beginning to end. We believe that without the one to one personal communication with our clients. Our main goal is to destress the process for our clients.
At Allstate Funding Group, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
PRIME TIME MORTGAGE loan officer, specialize in FHA, Conventional and VA mortgages. I work with all homebuyers: first time owners, those refinancing current properties, and seniors in the mortgage process. and also It is my commitment to provide the highest level of customer service to my clients. To be available and accomodating at all times.
Florida Home Trust Mortgage, Inc. is a premier Florida-based, privately held mortgage lender, providing loans to residential and commercial borrowers in the greater Weston, Fl area. FHT operates as a financing boutique with a fiduciary heritage equipped with lending resources highly focused on executing conventional
2893 Executive Park Dr. Suite 304, Weston, FL, 33331
KoRes is pleased to offer several financing options to meet your needs. We offer standard 30-Year or 15-Year Fixed Mortgages, Programs for Foreign Nationals, Private Loans, 3-Year ARM, 5-Year Arm and a wide variety of FHA Loans. Whatever your circumstances maybe, KoRes is dedicated to helping you find the best mortgage product to fit your needs.
Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
LoanPro365 is dedicated to you and our realtors to provide quick closings and problem resolution. We are closing over 98% of all loans that we pre-approve. We’ve been around for over 15 years with experience with first time home buyers to seasoned investors. Our job is simple, close the deal with the best terms possible, as fast as possible.
