USDA Vs. FHA your options comparison in Grand-Island, Erie County, NY
As of 2025, the USDA loan limit in Grand-Island, located in Erie county, NY, is $285,000, while the limit for FHA on a single-family residence is $356,362.
Utilize Lendersa® USDA loan calculator to contrast current USDA and FHA rates, and identify the income, credit, reserves, and documents required for eligibility. Our advanced mortgage calculator allows you to compare USDA, FHA, Conforming, and VA loans side by side, assisting you in pinpointing the best program for your financial needs in .
2025 Loan Constraints and Downpayment Criteria in Grand-Island, Erie, NY
Loan Type
Maximum Limit
Initial Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Choices in Grand-Island, NY
The aim of Lendersa® is to efficiently provide access to the best available USDA or FHA loan options promptly and without hassle. Initiate with one of three paths to connect with suitable lenders and uncover USDA loan options.
The USDA home loan, also referred to as a USDA rural development loan or USDA mortgage, is supported by the Department of Agriculture and exclusively available in rural areas. In contrast to FHA loans that require a 3.5% minimum down payment, no down payment is needed for USDA mortgages.
In 1979, a group of local businessmen founded First Citizens Bank with one purpose in mind: to provide a healthy banking environment for local businesses and individuals. The doors first opened on July 8, 1980, operating under a local management and conservative governing philosophy.
Woodmen Federal Credit Union has been open since 1934. The credit union has assets totaling $10.66 Million and provides banking services to more than 1, 000 members.
The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups,
Omaha Public Power District Employees Federal Credit Union
444 S 16th Street, Omaha, NE, 68102
The Omaha Public Power District Employees Federal Credit Union (OPPD EFCU) was established in 1938 as a nonprofit financial cooperative for the employees of the Omaha Public Power District and their families. We are member owned and operated under the direction of an elected volunteer board made up of OPPD employees.
Gallup Federal Credit Union has been open since 1979. The credit union has assets totaling $21.6 Million and provides banking services to more than 2, 000 members.
The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups
Community Development Bank was founded in 1906 and purchased by three non-profit Community Development Corporations in 2001. A for-profit financial institution owned by non-profit Community Development Corporations is very unique and brings significant economic development resources to the communities we serve
LeverageRx is a digital lending and insurance marketplace exclusively for doctors. We make it incredibly simple to compare rates on physician mortgage loans, physician disability insurance, student loan ReFinancing, and other financial services for medical professionals. Make smart, swift financial decisions with LeverageRx.
We provide payment technology for over 1, 300 higher education institutions and 11, 500 K-12 schools. We deliver world-class fiber internet, TV, and phone services to residents of Nebraska and Colorado. We help borrowers achieve their educational goals with private student loan and refinance solutions.
Since our origin in 1937, the Union Pacific Streamliner Federal Credit Union has been serving our members, Union Pacific employees, and their families, with exceptional service and financial products.
Union Pacific Streamliner Federal Credit Union focuses our energies on delivering the very best personal service to our members,
For a century and a half, FNBO, a subsidiary of First National of Nebraska, has set the standard for outstanding customer service coupled with some of the most innovative financial products in the industry.
When it opened in 1857, FNBO was a local bank that served only Omaha and the surrounding communities.
First National Bank of Clarksdale would not be what it is today without you. The roots of our success lie in the fact that we are home-owned and operated, and we do better when you do better. In 1964, when our founding fathers began organizing this new business, they did it with you in mind. From the beginning, they wanted it to be a place.
Metro North Federal Credit Union is a member-owned financial institution whose purpose is to provide quality personalized services to our members at a competitive rate, while maintaining the Credit Union's long term financial stability. Metro North Federal Credit Union has been in operation since 1954.
