USDA Vs. FHA Pro and Con comparison in Lakeview, Nassau County, NY
For 2025, in Lakeview, which is in Nassau county, NY, the USDA loan limit stands at $0, while the FHA cap for a single-family home is $1,089,300.
Leverage Lendersa®'s USDA loan calculator to determine today's best rates between USDA and FHA loans. You'll be able to assess the necessary income, credit, reserves, and documentation to qualify. This advanced mortgage calculator presents USDA, FHA, Conforming, and VA loans side by side, providing insights into which option is ideal for your financial situation in .
2025 Loan Limits and Downpayment Requirements in Lakeview, Nassau, NY
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
Exploring USDA and FHA Loan Options in Lakeview, NY
The intention of Lendersa® is to promptly secure you the most beneficial USDA or FHA loan effortlessly. Begin with one of three pathways to connect with lenders and the appropriate USDA loan programs.
A USDA home loan, known as the USDA rural development loan or USDA mortgage, is guaranteed by the Department of Agriculture and is available exclusively in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, USDA loans do not need any down payment, offering a key benefit.
Attica State Prison Employees Federal Credit Union was chartered in 1935. In 1985 membership was opened up to employees of Wyoming Correctional Facility. Our name was then changed to Attica-Wyoming Correctional Employees Federal Credit Union. Now, membership is open to all current and retired employees of Attica, Wyoming, Wende, Albion, Groveland,
Fort Ligonier FCU was established in 1958 for the benefit of all the employees of Ligonier Valley School District. At that time the employees saw a need for a local credit union where the members could save and borrow money locally. The credit union has assets totaling $3.08 Million and provides banking services to more than 400 members.
TVFCU is a community financial cooperative committed to providing quality and moderately priced financial services to the people of our community. Our mission is to promote thrift and provide a source of borrowing for provident and productive purposes; thereby helping our members understand and achieve their personal financial goals.
Tompkins Financial Corporation is a NY state based financial services holding company with $5 billion in assets, providing community banking, insurance, and wealth management services. Committed to creating long-term value for clients, communities, and shareholders, Tompkins' strategy emphasizes responsible growth and strong ROE
"Lenders Funding provides the assurance you need to grow or take on larger clients. As you increase your own source of funds, you can retire our participation, maximizing your ability to earn.
Since formation, we have worked with over 150 lenders and factors and have supplied several hundred million dollars in funding."
Midcoast Federal Credit Union is a not-for-profit financial cooperative, owned by our Members who are residents, relatives, or people employed by numerous businesses throughout the Midcoast Region of Maine. Midcoast Federal Credit Union serves the communities of Sagadahoc, Lincoln and Knox counties along with residents and businesses.
FNB Bank, formerly the First National Bank of Romney, opened for business on June 11, 1910 in the old Wirgman Building in Romney with an original capitalization of $50,000.
In 1911 FNB Bank moved to a three-story brick building at the corner of Main and High Streets. The Bank outgrew its facilities
The Bank of Romney is a locally owned and operated independent community bank with full-service financial products. We have been serving the families and businesses of Hampshire County and the surrounding area since 1888. Opening for business on December 20, 1888, The Bank of Romney is the oldest and largest bank in Hampshire County.
