USDA Vs. FHA Pro and Con comparison in Fayette, Seneca County, NY
For the year 2025, the USDA loan cap in Fayette, located in Seneca county, NY, is set at $336,500. Meanwhile, the FHA ceiling for a single-family dwelling stands at $472,030.
Employ the Lendersa® USDA loan calculator to weigh the most favorable rates between today's USDA and FHA options. This will assist you in understanding the necessary income, credit, reserves, and documentation vital for eligibility. Our sophisticated mortgage calculator allows you to review USDA, FHA, Conforming, and VA options side-by-side, helping you determine the best program in for your unique financial circumstances.
2025 loan limits and down payment requirements for Fayette, in Seneca, 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 Choices in Fayette, NY
The mission at Lendersa® is to secure you the optimal USDA or FHA loan promptly and with minimal fuss. Choose from three initial steps leading to lender matches and USDA loan programs.
The USDA home loan, backed by the U.S. Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, is designated for use in rural areas only. While FHA loans necessitate at least a 3.5% down payment, USDA loans have the advantage of requiring no down payment at all.
The Lending Group is a full service Direct Mortgage Lender. We lend on Residential and Commercial Real Estate. Our team specializes in Fast Closings, Low Down Payments, Unique Loan Programs, High Loan to Value Cash Outs. Working with a Direct Lender Guarantees your Home Loan application to approve with the Lowest Rate on the Market.
Cornerstone Lending, Inc is a mortgage broker currently licensed in PA, NJ, & Tennessee. We originate residential and commercial mortgages. We are approved to originate FHA, VA and USDA loans that are insured and guaranteed by those administrations. We also originate loans that are sold to Fannie Mae and Freddie Mac.
Fast Capital 360 As a leading FinTech company, we’re building cutting-edge platforms to automate and optimize every step in the application, approval and funding process, disrupting how the industry does business. Since 2013, we’ve helped thousands of customers in all types of industries access hundreds of millions of dollars nationwide.
260 Knowles Avenue, Unit 330, Southampton, PA, 18966
Lending Capital Group is the mortgage company you’ve been looking for. The highest of integrity, speed and low rates to get your mortgage loan done, on time, every time. We love our clients! Our passion is helping them through the mortgage process from A – Z to get them into the home of their dreams, or through their financial issues.
Stonebridge Home Loans we care greatly about the satisfaction of our clients. You can be confident that when you receive a quote from Stonebridge Home Loans there will not be any hidden fees, empty promises and you will work with experienced professionals. Unlike most large banks
65 Bleecker Street, Fifth Floor, New York, NY, 10012
Andrew Davidson & Co, Inc. is the leading provider of risk analytics and consulting for the mortgage (MBS) and asset-backed securities (ABS) industry. We develop & license prepayment & credit models as well as risk measurement tools that are the benchmark analytics used by top mortgage & commercial banks, insurers, credit unions, broker-dealers.
Self Reliance New York Federal Credit Union was established in 1951 by a group of volunteers dedicated to the cooperative philosophy of "people helping people". Under the sponsorship of the New York Branch of the Selfreliance Association of American Ukrainians, we are currently the oldest and largest Ukrainian Credit Union.
Established in 1982. Faculty, staff, students, alumni, retiree and their family members are all eligible to join. All that’s required to establish membership is $50 in a Share Savings account. As a member, you share in NYU FCU's earnings. As the NYU credit union makes money, it reinvests it to improve products and services for our members.
Founded nearly 90 years ago, Firstrust’s business is serving the banking needs of our commercial and retail customers in the Philadelphia region. From large operating companies, real estate developers, manufacturers, and doctors to young families and grandparents – we’re here for them all.
1 West Elm Street, First Floor, Conshohocken, PA, 19428
Coastal Pacific Mortgage, our mission is to set a high standard in the mortgage industry. We take great pride in giving quality customer service by putting the people we serve first. We believe the foundation for lasting relationships is consistency and communication. Our goal is to carefully guide you through the home loan process.
