USDA and FHA Pro and Con in Floral-Park, Nassau County, NY

In the year 2025, the USDA loan limit within Floral-Park, situated in Nassau county, NY, is defined at $0, whereas the FHA limit for a single-family residence is $822,375.

Utilize the Lendersa® USDA loan calculator to evaluate today's USDA versus FHA rates, discerning the income, credit score, reserves, and documents needed to qualify. With our sophisticated mortgage calculator, you can review USDA, FHA, Conforming, and VA options side by side, guiding your decision on the most suitable program in for your financial situation.

Review loan offers from a selection of 100 lenders

Loan Limits and Downpayment Requirements for 2025 in Floral-Park, Nassau County, NY

Loan Type Loan Cap Down Payment
USDA $0 0%
FHA $822,375 3.5%
Conventional Conforming $822,375 3%

Exploring USDA and FHA Loan Options in Floral-Park, NY

The aim of Lendersa® is to connect you with the optimal USDA or FHA loan promptly and without complexity. Choose from three starting points that result in matching lenders and suitable USDA loan programs.

Results of a Lendersa USDA loan request and match

Understanding USDA Loans in NY

A USDA home loan, backed by the Department of Agriculture and also known as a USDA rural development loan or mortgage, is specifically available in rural areas. Unlike FHA loans which necessitate at least a 3.5% down payment, USDA loans do not require any down payment.

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



  • Northeastern Operating Engineers Federal Credit Union
  • 1616 Whitestone Expressway, Whitestone, NY, 11357
  • Since 1974, Northeastern Operating Engineers Federal Credit Union has been serving the financial needs of its members & their families. The Credit Union is a full service financial institution that offers a broad range of financial products &services. Our knowledgeable loan officers can help you with your mortgage, home equity loan needs
  • Jovia Financial Credit Union
  • 1000 Corporate Drive, Westbury, NY, 11590
  • As a non-profit, member-owned credit union, you can bet your bottom dollar that we have lower rates on loans & higher earnings on deposits.Plus, there’s so much more we have to offer, like benefits beyond your everyday banking needs. Afterall, we’re here to serve you! We offer helpful advice by hosting free seminars & events to educate & enlighten.
  • Lynx Mortgage Bank LLC
  • 143 Post Avenue, Westbury, NY, 11590
  • Lynx Mortgage Bank LLC was founded by a small group of mortgage and financial professionals on Long Island, NY with one goal in mind: to offer our customers a straightforward “no surprises” approach to the home buying process.Today, we are one of New York’s premier mortgage companies with a sizable client base who won’t hesitate to recommend us.
  • New York Community Bank
  • 615 Merrick Ave, Westbury, NY, 11590
  • New York Community Bank serves customers through branches encompassing eight divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona.
  • Meadowbrook Financial Mortgage Bankers Corp.
  • 1600 Stewart Ave, Suite 701, Westbury, NY, 11590
  • Meadowbrook Mortgage Bankers is an established Mortgage Banker with over 50 years of management experience. Meadowbrook is an FHA, Fannie Mae, Freddie Mac, and VA Direct Endorsed Lender. We are licensed throughout the East Coast and growing; to fulfill our vision of becoming a nation-wide lender.
  • Mid-Island Mortgage Corp
  • 900 Merchants Concourse Suite #112, Westbury, NY, 11590
  • Mid-Island Mortgage Corp. our borrowers never settle for just any home, any rate, or typical service. They expect the best and they get the best! This customer-centric culture stems from our 55 year heritage. We believe that our value proposition goes well beyond "the lowest rate"​ and, since we are highly competitive with our rates
  • ACRES Capital
  • 865 Merrick Ave. 2nd Floor S., Westbury, NY, 11590
  • ACRES fills the considerable capital gap for operators by focusing on commercial real estate investments that are overlooked by traditional lenders. We specialize in short-term debt investments from $10 million to $80 million nationwide, providing a variety of capital solutions to our clients with properties in primary and secondary markets nationw
  • The Town of Hempstead Employees Federal Credit Union
  • 1830 Grand Avenue, Baldwin, NY, 11510
  • The Town of Hempstead Employees Federal Credit Union was born in 1963, when ten men envisioned a need for their fellow workers and families. These ten men; Jerome Lowenthal, Andrew J. Parise, Paul Satz, Joseph J. Zaharis, Abram C. Williams, Quentin D. Suits, Frank J. Vurture, Gerard J. Venter, Robert J. Scaramuccia, Robert G. Smith, personified the
  • Ocean Financial Federal Credit Union
  • 45 Atlantic Avenue, Oceanside, NY, 11572
  • Ocean Financial (formerly Oceanside Christopher Federal Credit Union), the Catholic Credit Union, was chartered in 1969 by members of the Father Joseph O’Connell Knights of Columbus Council in Oceanside, New York. Over the past 40 years, Ocean Financial FCU has steadily expanded, and now serves as a full-service financial organization
  • Lufthansa Employee Federal Credit Union
  • 1900 Hempstead Turnpike, Suite 408, East Meadow, NY, 11554
  • Since 1970 Lufthansa Employee Federal Credit Union has been there for all Lufthansa Group companies delivering financial security and service. We are employee owned and non-profit so whether you are getting a mortgage or loan, or saving for that something special, your Credit Union is here to help. We offer a full range of products and service
  • Nassau Financial Federal Credit Union
  • 2575 Hempstead Turnpike, Suite 300, East Meadow, NY, 11554
  • We offer a full suite of retail banking products, services and financial solutions for consumers and small businesses. On a monthly basis, our members rate us with high marks for the service we provide to them in meeting their banking needs We encourage you to learn more about our Credit Union and see how we can help improve your financial well-bei
  • Malve Capital
  • 26 Harbor Park Drive, Port Washington, NY, 11050
  • Malve Capital is a private real estate lending firm offering fast, flexible financing for investors needing acquisition, refinance, or construction loans. We specialize in Fix & Flip, Rental, New Construction, and Bridge Loans, providing competitive rates, quick approvals, and streamlined funding. As investors ourselves, we understand your challeng