USDA Vs. FHA Pro and Con comparison in Lima, Livingston County, NY
For the year 2026, the USDA loan limit in Lima, within Livingston, NY, is $336,500, whereas the FHA limit for single-family homes is $472,030.
Using the Lendersa® USDA loan calculator, you can compare the finest rates of USDA versus FHA for today. It helps determine the income, credit score, reserves, and documents required to qualify. Our advanced mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA options, aiding in selecting the right program in for your financial needs.
Loan Limits and Down Payment Requirements for 2026 in Lima, Livingston, NY
Type of Loan
Limit Amount
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Lima, NY
Lendersa® aims to deliver the best USDA or FHA loan options quickly and without hassle. Choose from three starting options to match with lenders and USDA loan programs perfectly suited to you.
A USDA home loan, endorsed by the Department of Agriculture, is known as a USDA rural development loan or USDA mortgage, and is restricted to rural areas. Unlike FHA loans requiring a 3.5% minimum down payment, USDA loans require no down payment at all.
Phelps County Bank is 100% owned by our employees through an Employee Stock Ownership Plan (ESOP). Our mission is to build relationships with purpose, integrity, and fairness through a commitment to teamwork, education, and growth - believing that contributions of time, talents, and service lead to a better community for all.
Riverways Federal Credit Union, you’ll have access to all the same services you would use at other financial institutions. The difference is that at Riverways Federal Credit Union, you’ll get a better deal, and you’ll receive better service and also We enjoy helping our members grow financially and work towards their long term goals.
Citizens Bank of the Midwest is a locally owned bank that is dedicated to building the communities we call home. We are committed to providing the best personalized service for all your financial needs. Stop by any of our three convenient locations and speak to our knowledgeable staff to start banking with us today.
"We are here to serve you by answering your questions and assisting you in a friendly, courteous manner as you navigate through the mortgage loan process.
We understand that you have many mortgage consultant options and are prepared to earn your long term trust. We are confident that you will quickly see how commited"
Premier Credit Union is your community credit union located in Des Moines, Iowa with branch locations in West Des Moines and Ames. We’re proud to support our members with the financial resources, lending opportunities and digital banking solutions they need. Premier Credit Union began as Bankers Life Employees Credit Union on September 11, 1933.
Our membership is a closed membership limited to Polk County employees, Broadlawns Hospital employees, city of Altoona employees, Heartland AEA employees, and Fifth Judicial employees. We have been in existence since 1955. The credit union has assets totaling $7.27 Million and provides banking services to more than 700 members.
Federal Home Loan Bank of Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank (FHLBank) System. Established by Congress in 1932 to support mortgage lending, the FHLBanks are a stable source of funding for more than 7, 300 federally insured depository institutions of all sizes and types. Including Banks, Credit Unions.
For more than 100 years, Bankers Trust has been a leading financial institution for commercial and consumer banking services. Headquartered in Des Moines, Iowa, Bankers Trust is the largest privately held financial institution in the state, and employs 565 people across the country.
