USDA Vs. FHA your options comparison in Grandyle-Village, Erie County, NY

As of 2025, the USDA loan limit in Grandyle-Village, Erie, NY is set at $285,000, with the FHA loan maximum at $356,362 for single-family homes.

Utilize Lendersa®'s USDA loan calculator to evaluate the most favorable USDA versus FHA rates. This tool determines income, credit, reserves, and necessary documents for qualification. Our comprehensive mortgage calculator displays USDA, FHA, Conforming, and VA loans side by side, enabling you to choose the most suitable program for your financial scenario in .

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2025 Loan Limits and Down Payment Details in Grandyle-Village, Erie, NY

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Choices in Grandyle-Village, NY

Lendersa® is dedicated to securing the best USDA or FHA loans for you quickly and with convenience. Choose from three options to connect with lenders and available USDA programs.

Lendersa USDA loan request and matching results

USDA Loan Overview in NY

The USDA home loan, guaranteed by the U.S. Department of Agriculture (USDA rural development loan or mortgage), is meant solely for rural areas. Unlike FHA loans, which require a down payment of at least 3.5%, the USDA mortgage need not have any down payment.

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



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