USDA Vs. FHA Pro and Con comparison in Franklinville, Cattaraugus County, NY

In 2025, the USDA loan limit in Franklinville, county of Cattaraugus, NY is $336,500, while the FHA limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to compare today's leading rates for USDA versus FHA. Determine the necessary income, credit score, reserves, and documents for qualification. Our advanced mortgage calculator allows side-by-side viewing of USDA, FHA, Conforming, and VA programs, aiding in selecting the best one for your financial needs in .

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2025 Loan Limits and Down Payment Requirements in Franklinville, Cattaraugus, NY

Type of Loan Max Loan Limit Initial Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Options in Franklinville, NY

Lendersa® aims to provide you with the best USDA or FHA loans quickly and hassle-free. Choose one of three starting points to connect with lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NY

The USDA home loan is backed by the government Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, and is exclusively available in rural areas. Unlike FHA loans that require at least a 3.5% down payment, the USDA mortgage does not require any down payment.

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



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