USDA and FHA Pro and Con in Ilion, Herkimer County, NY
In 2026, within the county of Herkimer, NY, the USDA loan maximum for Ilion is set at $336,500, whereas the FHA loan limit for a standard single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to contrast today's leading USDA and FHA rates, identifying the income, credit score, reserves, and documentation needed for qualification. Our advanced mortgage calculator lets you view USDA, FHA, Conforming, and VA rates side-by-side, aiding in the selection of the best program for your precise financial needs in .
2026 Lending Limits & Down Payment Details in Ilion, Herkimer county, NY
Type of Loan
Cap Amount
Initial Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Loan Alternatives: USDA & FHA in Ilion, NY
The aim of Lendersa® is to efficiently guide you towards the most favorable USDA or FHA loan. Initiate with any of the three steps below, leading you to matching lenders and USDA loan alternatives.
A USDA home loan, also called a USDA rural development loan or USDA mortgage, is provided by the U.S. Department of Agriculture and is offered exclusively in rural areas. Conversely, while FHA loans necessitate a minimum down payment of 3.5%, USDA mortgages do not require any down payment.
Remington Federal Credit Union has been open since 1937. The credit union has assets totaling $54.2 Million and provides banking services to more than 4, 000 members.
The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups,
Adirondack Bank, we value putting a face to a name. That’s why for over a century we’ve personally dedicated ourselves to delivering trusted, full-service community banking to the families and businesses of Upstate New York. Adirondack Bank consistently provides cutting edge banking, standing as an eight-time recipient of the Small Business Lender
4340 Middle Settlement Road, New Hartford, NY, 13413
Lends in New York
Special Metals Federal Credit Union, located at 4340 Middle Settlement Rd, New Hartford, N.Y, is proud to be in its 51st year of serving its membership! Chartered in 1961, our asset size has grown to $13 million over the years. We serve almost 1200 members, including employees of Special Metals, retirees, and family members of employees.
4311 Middle Settlement Road, New Hartford, NY, 13413
Lends in New York
GPO Federal Credit Union is proud to be one of the area’s largest credit unions, serving more than 30, 000 members from Oneida, Herkimer, Madison Counties and beyond. As a credit union, we are a not-for-profit, member-owned financial cooperative. At GPO, our mission statement is simple, ‘Our Focus is You’. We aim to serve our members.
First Source Federal Credit Union is dedicated to helping people Live Smarter, offering financial services and education to improve the quality of life of their Members and the communities they serve. Founded in 1938, First Source is a not-for-profit, Member-owned financial cooperative with branches in New Hartford, North Utica, South Utica, Rome,
Bank of Utica is a full service commercial bank headquartered in Utica, NY. Bank of Utica offers a traditional line of products expected at a community bank, as well as some cutting edge services offered at larger banks. Bank of Utica was founded in 1927 and has been locally owned and operated since its inception.
Utica District Telephone Employees Federal Credit Union
2812 Genesee Street, Utica, NY, 13502
Lends in New York
Utica District Telephone Employees FCU provides a complete range of financial services to employees of Verizon, Spectrum and Northland Communications and their families. Utica District Telephone Employees Federal Credit Union, located at 2812 Genesee St, Utica, New York, provides a complete range of financial services to employees of Verizon.
ACCESS Federal Credit Union was chartered in 1947 as the Oneida Limited Employees Federal Credit Union. It was open to employees and their families of Oneida Silversmiths. In June of 1999, we changed our name to ACCESS Federal Credit Union. In August 2000, the National Credit Union Administration (NCUA) approved our request
Leatherstocking Credit Union, established in 1977 is a not-for-profit financial cooperative located in Cooperstown, NY, the home of the National Baseball Hall of Fame and Museum.
Originally formed to serve the employees of Bassett Hospital, our current field of membership includes anyone who lives, works, worships, attends school..
