USDA Vs. FHA your options comparison in Lakewood, Chautauqua County, NY
In 2025, the USDA loan limit for Lakewood, situated within Chautauqua, NY, is $336,500, whereas the FHA limit for a single-family home stands at $472,030.
Utilize the Lendersa® USDA loan calculator to effectively compare today’s leading USDA versus FHA rates. Determine the necessary income, credit, reserves, and documents for eligibility. Our advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA loans side by side, helping you decide the best program in for your financial situation.
2025 Loan Limits and Down Payment Requirements in Lakewood, Chautauqua, NY
Loan Type
Maximum 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 Lakewood, NY
The primary aim of Lendersa® is to swiftly provide you with the best USDA or FHA loans. Choose one of three ways to match with lenders and consider USDA loan programs.
A USDA home loan, supported by the Department of Agriculture, is also known as a USDA rural development loan or mortgage and is offered only in rural neighborhoods. Unlike FHA loans requiring a minimum 3.5% down payment, USDA mortgages do not require any down payment at all.
We are a full service mortgage banking company. Cherry Creek Mortgage embodies the best of the big and small lenders. By dealing with Fannie Mae, Freddie Mac, and the Wall Street conduits, our customers are offered a variety of loan products and services with the financial backing they can count on.
At Southwest Research Center Federal Credit Union, members come first. We promise to offer honest, fair deals to every member, every time. We promise to treat every member with both respect and dignity. We promise to strive to be a trusted financial advisor that our members can count on to assist them with achieving their financial dreams.
Cosden Employees FCU first charter was in Fort Worth, Texas in 1936. The first charter was a credit union to serve the employees and families of employees of the Cosden Refinery in Big Spring, Texas. A few years after starting in Fort Worth Cosden Employees Credit Union moved to Big Spring to improve service to the employees of the refinery.
Webb Air Force Base Federal Credit Union was chartered to serve the employees and the family members of Webb Air Force Base here in Big Spring, Texas. After the base closed, our charter was converted into a community credit union. It was at that time, in 1978, that we changed our name to Citizens Federal Credit Union.
Chartered in January 1909, The State National Bank opened for business on March 1st of that year at 204 Main Street. The original bank was organized as The First State Bank of Big Spring and in 1924, converted to a national bank charter, with the bank being renamed The State National Bank of Big Spring
At First Community Bank, we define success as working together, because we know that when we do, we’re more effective getting things done for our customers. We also know that the best way to build a thriving community is to become invested in everyone’s success. We believe in the power of education and feel compelled to develop community education.
Legacy Bank is a community bank that looks at financial transactions differently than large commercial conglomerates. We get to know our customers at a personal level, allowing us to serve our customers more efficiently. Legacy Bank knows our customers by name. Our character and family values make us a trusted banking partner
Our mortgage team members will give you the individual attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in purchasing a home, refinancing a mortgage, or tapping into your home equity. So we make a promise to you: we will help you qualify, apply and be approved for the ideal loan.
The Falls City National Bank was chartered March 23, 1907. On May 6, 1907 Falls City National Bank officially opened for business.
Alterations and additions were made to the building in 1924. Expansion and renovation more than doubling the size was completed in 1980. Another additional expansion was completed in March 1982.
