USDA and FHA Pro and Con in Lake-Success, Nassau County, NY
In 2025, the USDA loan ceiling in Lake-Success, located in Nassau county, NY, is set at $0. In comparison, the FHA loan threshold for a single-family home is $822,375.
To evaluate current USDA versus FHA rates and understand the qualifications needed, such as income, credit, reserves, and documentation, utilize the Lendersa® USDA loan calculator. Our sophisticated mortgage calculators offer side-by-side comparisons of USDA, FHA, Conforming, and VA loans, assisting you in choosing the most suitable mortgage solution for your financial needs in .
2025 Loan Limits and Down Payment Requirements in Lake-Success, Nassau County, NY
Type of Loan
Maximum Loan Limit
Down Payment
USDA
$0
0%
FHA
$822,375
3.5%
Conventional Conforming
$822,375
3%
USDA and FHA Loan Programs Available in Lake-Success, NY
The objective of Lendersa® is to promptly and smoothly secure the finest USDA or FHA loan for you. Choose one of three starting points that align you with the ideal lenders and USDA loan plans.
A USDA loan is a government-backed mortgage by the Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, primarily intended for rural areas. Unlike FHA loans which necessitate a minimum down payment of 3.5%, the USDA home mortgage permits purchasing with zero down payment.
75, Arlington Street, Suite 500 Boston, MA 02116, Boston, MA, 02116
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UC Funds is a national balance sheet provider of both debt and equity capital solutions that has provided over $3 billion dollars of capital solutions since 2010. UC Funds provides quick, reliable and customized financial solutions throughout the entire capital stack, including joint venture equity.
Northeast Bank (NASDAQ: NBN) is a full-service bank headquartered in Portland, Maine. We are both an experienced, balance sheet lender offering speed, certainty of execution and creativity to structure loan originations and acquisitions nationally, and a full-service bank serving customers in Western, Central, and Southern Maine
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Edward Voccola & Co. LLC is a Private Equity & Joint Venture financial company based in New York City and have offices throughout the U.S & Internationally, We have a dedicated team of financial experts in commercial real estate finance and project funding delivering creative financing solutions consistently to worldwide clients.
Powerhouse Funding Corp. is a residential mortgage brokerage in Hanover, Massachusetts, specializing in conventional and government mortgage lending products.We arrange residential mortgage loans for clients home purchase and home refinance needs through a vast array of lenders that we broker with.
As a mortgage broker with more than 20 years of experience, Value Mortgage has the dedication and know how to get almost any transaction done. Whether you’re refinancing your house or purchasing your very first home Value Mortgage Corporation can help you with all your home financing needs.
Middlesex Federal Savings is a full-service community bank headquartered in Davis Square Somerville, Massachusetts. It was established in 1890 as West Somerville Cooperative Bank. More than 130 years later, Middlesex Federal has grown from its modest beginnings. Established with only $840.20 in assets,
