USDA and FHA Pro and Con in Hannibal, Oswego County, NY
In 2025, the USDA loan limit for a single-family home in Hannibal, located in Oswego, NY, is $336,500. In contrast, the FHA limit is $472,030.
Utilize Lendersa®'s USDA loan calculator to compare today's best USDA versus FHA rates. Determine the income, credit, reserves, and documents necessary for qualification. Our advanced mortgage calculator lets you view USDA, FHA, Conforming, and VA loans side by side, aiding you in selecting the best program in tailored to your financial needs.
2025 Loan Limits and Down Payment Requirements in Hannibal, Oswego, NY
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Hannibal, NY
The goal of Lendersa® is to efficiently connect you with the best USDA or FHA loan, minus the hassle. Choose from three different starting points, each designed to match you with suitable lenders and USDA programs.
The USDA home loan, officially guaranteed by the Department of Agriculture and also known as a USDA rural development loan, is offered exclusively in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA loans require no down payment at all.
Founded over 50 years ago, Ontario Shores FCU remains locally committed to serving the counties of Niagara, Orleans, Genesee, Wyoming, Cattaraugus, Allegany, and Steuben. We’re big enough to offer just about any service you may want, and we’re small enough to deliver it promptly and with a smile.
The mission of the Craftmaster Federal Credit Union is to provide a safe and sound financial institution for members to obtain competitive dividends and interest rates, while complying with all Federal, State and local laws. Through quality management, we will provide personalized services that meet or exceed membership expectations.
Cadets Federal Credit Union has been open since 1950. The credit union has assets totaling $15.29 Million and provides banking services to more than 1, 000 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
The Alco Federal CU is a local financial institution, existing to provide personal financial services to its members. Like all credit unions, management is by a Board of Directors made up of persons democratically elected from its membership, by the membership. Membership is available to all persons who live, work, worship or attend school.
The Bank of Richmondville was established in 1881 by the honorable Judge John Westover and James Foster as a privately owned bank. The bank's initial facility was located at Main and Summit Streets in Richmondville, New York.
In the fall of 1893, through the efforts of William Lewis and A.D. Frasier, the Bank of Richmondville was organized
The Upstate Telco FCU, Charter #10746, was organized on March 20, 1956. There were 17 chartering members and the first Board of Directors, Credit, and Supervisory Committee members were elected at its first special meeting.
The Credit Union is a non-profit financial institution that is owned and operated entirely by its members.
First Choice Financial Federal Credit Union boasts over $152 Million in assets and is located in three great locations in Gloversville, NY and Broadalbin, NY. FCFFCU provides a wide range of quality financial services while preserving a competitive and stable financial institution. FCFFCU is a not-for-profit cooperative owned
Amherst Teacher’s Federal Credit Union, membership was comprised of employees from our original 46 sponsor groups and their families. For a list of original sponsors, click here. With the addition of new, non-education based sponsor groups in 2003, Amherst Teacher’s FCU modified its name to what we continue as today; Amherst Federal Credit Union.
