USDA Vs. FHA your options comparison in Lenox, Madison County, NY

For 2026, the USDA loan limit in Lenox, located in Madison, NY, is $336,500, and the FHA limit for a single-family home is $472,030.

Compare today’s top USDA versus FHA rates using the Lendersa® USDA loan calculator. Determine the necessary income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator offers side-by-side views of USDA, FHA, Conforming, and VA loans, helping you choose the best program in for your financial needs.

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2026 Loan Limits and Downpayment Requirements in Lenox, Madison, NY

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA Loan Options in Lenox, NY

Lendersa® aims to swiftly get you the best possible USDA or FHA loan, free of hassle. Choose one of three starting points to connect with matching lenders and USDA loan programs.

Lendersa USDA loan request results

Understanding USDA Loans in NY

A USDA home loan, backed by the government’s Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage. It is specifically available in rural areas. Unlike FHA loans that typically require at least a 3.5% down payment, USDA loans demand no down payment, offering a substantial benefit to eligible borrowers.

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



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