USDA VS FHA in Lawrence, Nassau County, NY

For the year 2025, the USDA loan limit in Lawrence, situated in Nassau, NY, is set at $0, whereas the FHA limit for a single-family home stands at $1,089,300.

Utilize the Lendersa® USDA loan calculator to compare today's leading USDA and FHA rates. Assess income, credit, reserves, and documentation criteria for qualification. Our comprehensive mortgage calculator shows USDA, FHA, Conforming, and VA side by side, guiding your decision on the most appropriate program in for your financial needs.

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2025 Loan Limits and Downpayment Requirements in Lawrence, Nassau, NY

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $1,089,300 3.5%
Conforming Conventional $1,089,300 3%

USDA and FHA Loan Options in Lawrence, NY

At Lendersa®, our mission is to swiftly connect you with the most suitable USDA or FHA loan, with minimal hassle. Choose from three starting options that correspond with lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding the USDA Loan in NY

The USDA home loan, secured by the Department of Agriculture and also known as a USDA rural development loan or USDA mortgage, is exclusively available in rural areas. Unlike FHA loans, which require a minimum 3.5% down payment, USDA loans require no down payment at all.

Enter your location to find out if it qualifies for USDA rural housing loan?



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