USDA and FHA Pro and Con in Hornell, Steuben County, NY
The USDA loan limit for Hornell, within the county of Steuben, NY is set at $336,500 in 2025, whereas the FHA loan limit for a single-family home is $472,030.
Make use of the Lendersa® USDA loan calculator to compare current top rates between USDA and FHA. This tool helps ascertain the necessary income, credit standing, reserves, and relevant documents needed for qualification. With our comprehensive mortgage calculator, you can review USDA, FHA, Conforming, and VA options side by side, enabling an informed decision on which program suits your financial situation best in .
Loan Limits and Down Payment Requirements in Hornell, County of Steuben, NY for 2025
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Hornell, NY
The mission of Lendersa® is to swiftly secure the most advantageous USDA or FHA loan for you without complications. Choose one of three initial approaches to connect with matching lenders and access USDA loan programs effectively.
A USDA home loan, backed by the U.S. Department of Agriculture, functioning as a USDA rural development loan or USDA mortgage, is available exclusively in rural locales. Unlike FHA loans that require at least a 3.5% down payment, USDA loans require no down payment.
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Columbus Bank and Trust Company is a locally owned, home town bank that originally opened its doors on February 2, 1935 and has remained in local ownership for over 80 years. The original owners were R.V. Prokop, J.H. Moeller, and W.E. Barkley. The Bradley Family took ownership in 1938 and retained ownership until July of 2013.
Nebraska Energy Federal Credit Union serves employees and their families of entities engaged in the electrical power generation, transmission, and distribution industry in Nebraska, South Dakota, Wyoming and Colorado. Helping our members achieve financial success - that starts with the credit union difference, where you're a member - and an owner.
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1526 Commercial Park Dr Ste 4, Lakeland, FL, 33801
Success Mortgage Partners, Inc. was founded in May, 2002, by Vincent N. Lee and Owen V. Lee, Esq. The purpose of founding SMP was to create a company applying the various lessons that each had learned in their respective real estate careers. The two owners wanted to seriously grow the mortgage company
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We treat your mortgage like any other investment, helping you find the right loan for your family’s individual financial situation, need"
204 East Orange Street, Suite 200, Lakeland, FL, 33801
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Commercial State Bank is an independent, locally owned and managed bank with branches located in Wausa, Nebraska City, and Elkhorn, Nebraska. Commercial State Bank was chartered on November 30, 1925, when the Department of Trade and Commerce, Bureau of Banking, signed by Governor Adam McMullen issued the charter.
Dakota Heritage Bank aspires to have a strong image created by helping our customers accumulate and retain wealth. We will sell those products and services that will enhance our customers’ ability to reach their financial goals.Our core purpose is to make a positive impact in our communities and in the lives we touch.
