USDA Vs. FHA Pro and Con comparison in Great-Neck-Estates, Nassau County, NY

In the year 2026, the USDA loan limit in Great-Neck-Estates, located in Nassau, NY, is set at $0, whereas the FHA limit for a single-family home is $822,375.

Use the Lendersa® USDA loan calculator to effectively compare today's USDA and FHA rates. Determine the necessary income, credit, reserves, and documentation to qualify. By using our advanced mortgage calculator, you can see USDA, FHA, Conforming, and VA options side by side, aiding your decision on the best program in for your financial situation.

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Loan Limits and Down Payment Requirements in Great-Neck-Estates, Nassau, NY for 2026

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

Options for USDA and FHA Loans in Great-Neck-Estates, NY

The goal of Lendersa® is to swiftly provide you with the best USDA or FHA loan, hassle-free. Select one of three methods to connect with lenders and explore USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NY

A USDA loan is guaranteed by the Department of Agriculture and is also referred to as a USDA rural development loan or mortgage. It is exclusively available in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, the USDA mortgage requires none at all.

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



Great-Neck-Estates Lenders

  • ShareStates
  • 8 Bond St #100, Great Neck, NY, 11021
  • Lends in New York
  • Sharestates is an online real estate lending and investing marketplace connecting investors with developers and rehabbers seeking funding. Using proprietary technology, we acquire, fund, and service projects faster and at lower costs than traditional financing. We offer investors exclusive opportunities while providing borrowers fast, affordable ca

  • Iron Fund
  • 150 Great Neck Road, Suite 102, Great Neck, NY, 11021
  • Lends in New York
  • Iron Fund is a Direct Capital Provider for loan officers, brokers, and third-party originators. Iron Fund specializes in Fix & Flips/ Bridge Loans, Ground- Up Construction, and 30-Year DSCR Loans. Our new broker platform provides a full technology suite with same-day loan approvals and secure document uploads.

  • Truen Associate Inc
  • 10 Cutter Mill Rd, Suite 202, Great Neck, NY, 11021
  • Lends in New York
  • Truen & Michaels, LLC offers the best selection of bridge loans and conventional financing in all 50 states. No matter where your project is located, and what type of real estate project you are looking to finance, we can match you with the loan program which will help you achieve your goals.

  • HUDSON GROUP REALTY NETWORK; REAL ESTATE BROKERAGE & COMMERCIAL LENDING
  • 55 Northern Boulevard, Suite 400, Great Neck, NY, 11021
  • Lends in New York
  • HGRN was formed in 2012 as a direct response to the need for clients to have access to the information they needed when buying or selling property. With the many programs in NY for first time homebuyers or for the information needed to complete a 1031 tax exchange, Hudson Group Realty Network Inc, is prepared to guide the client from inception.

  • Merita Capital Funding LLC
  • 45 Middle Neck Road, Suite 210, Great Neck, NY, 11021
  • Lends in New York
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.

  • Powerhouse Solutions, Inc.
  • 11 Grace Avenue, Suite 307, Great Neck, NY, 11021
  • Lends in New York
  • Powerhouse Solutions, Inc. (PHS) is a NYS licensed banking entity that originates mortgage loans directly to consumers. As a direct lender, we have the highest level of integrity and a genuine caring and concern for our customers. At PHS we believe "Your Mortgage Solution Starts With Us.

  • Silver Fin Capital Group LLC
  • 11 Grace Avenue, Suite 408, Great Neck, NY, 11021
  • Lends in New York
  • Silver Fin Capital is a mortgage broker licensed to conduct residential business in Connecticut, Florida, New Jersey & New York & commercial loans throughout most of the United States. Our customized pricing engine & proprietary database provides access to over 50 lenders, allowing our loan officers to match you and your needs with the loan options

  • Somerset Finanical Group Inc
  • 10 Cutter Mill Rd., Great Neck, NY, 11021
  • Lends in New York
  • SFG is a private real estate investment and finance company that was founded by Jules Reich in 1962. Since his entry into the field of real estate, Jules Reich was involved with and founded several companies and partnerships. Through these related entities, SFG has completed over $500 Million of real estate investments, financing transactions.

  • Bayport Funding LLC
  • 98 Cuttermill Road, Suite 424 N, Great Neck, NY, 11021
  • Lends in New York
  • Bayport Funding LLC is Greater New York’s leading boutique private equity lending firm, specializing in short-term, non-traditional real estate loans to fund the acquisition of residential/commercial real estate investments. The company’s core mission—fueled by responsible and successful portfolio investment—is to invest in New York’s growing and b