USDA Vs. FHA Pro and Con comparison in Madison, Madison County, NY

In 2026, the USDA loan limit in Madison, part of Madison county, NY, is $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to compare today's top USDA versus FHA rates and understand the income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator allows you to see USDA, FHA, Conforming, and VA loans side by side, assisting you in choosing the best program for your financial situation in .

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2026 Loan Limits and Down Payment Requirements in Madison, Madison, NY

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

USDA and FHA Loan Opportunities in Madison, NY

Lendersa®'s goal is to quickly provide you with the best USDA or FHA loan with minimal hassle. Choose one of three starting points to find matching lenders and USDA loan programs.

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What Is a USDA Loan in NY?

A USDA home loan, backed by the government Department of Agriculture and also called a USDA rural development loan or USDA mortgage, is accessible only in rural areas. Unlike FHA loans that require a minimum of 3.5% down payment, USDA mortgages have no down payment requirement.

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



  • Mortgage 1
  • 43456 Mound Rd., Sterling Heights, MI, 48314
  • Mortgage 1 is dedicated to providing a world-class team with innovative tools to better serve our customers. Our mission is to deliver unique financing options tailored to each individual’s situation. Family is the foundation of Mortgage 1 and providing exceptional service to lifelong customers is our goal.

  • R-B Financial/Mortgages, Inc.
  • 44028 Mound Rd, Suite 3, Sterling Heights, MI, 48314
  • R-B Financial/Mortgages, Inc was established in 1992. A lot about the mortgage industry has changed over that time. However, our core principles established 30 years ago still remain the same today. Honesty. Integrity. Accountability.Founded by Ralph Buccinno, R-B Financial/Mortgages, Inc.

  • Atlantic Union Bank
  • 1051 E Cary St, Suite 103, Richmond, VA, 23219
  • Atlantic Union Bankshares Corporation is the holding company for Atlantic Union Bank. Atlantic Union Bank has 149 branches located throughout Virginia, and in portions of Maryland and North Carolina. We believe people have a right to expect more from the companies they do business with – and they can expect more from Atlantic Union Bank.

  • LendingDeck
  • 1401 E Cary St, Suite 400-A, Richmond, VA, 23219
  • LendingDeck is a nationwide lender that provides short-term fix & flip loans and long-term rental financing for real estate investors. Our loans, often called hard money loans, can be used for purchasing or ReFinancing non-owner occupied residential properties, funding renovation projects, and financing long-term rentals.

  • Katahdin Federal Credit Union
  • 1000 Central Street, Millinocket, ME, 04462
  • Katahdin Federal Credit Union was originally chartered sixty years ago, in 1954, as a single employer credit union for Great Northern Paper. Since that time, KFCU has expanded from a single sponsor credit union to a community based institution serving Penobscot and Piscataquis Counties and parts of southern Aroostook County.

  • The Marblehead Bank
  • 709 West Main Street, Marblehead, OH, 43440
  • In 1907, a group of Peninsula residents met and decided their growing community should have the facilities of a local bank. The nearest bank was over an hour away in Port Clinton Ohio.

    The Marblehead Banking Company of Marblehead Ohio was organized as a result of this meeting and a charter was granted by the State Banking Department of Ohio

  • Erie Community Federal Credit Union
  • 1109 E Strub Road, Sandusky, OH, 44870
  • Erie Community FCU, a federally insured credit union that was founded in 1958. We are a full-service, not-for-profit financial institution owned by its members. If you have a family member (spouse, sister, uncle, nephew, grandparent, etc.) who is already a member of the credit union, you qualify to join as well, regardless if you live, work, or wor

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    As a $3.0 billion organization, our financial resources and commitment to be the community's trusted financial advisor

  • VacationLand Federal Credit Union
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  • Cummings Mortgage Service
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  • Extra Credit Union
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  • Extra Credit Union is a Federally Insured State Chartered Credit Union with assets of some $322 million and nearly 20, 000 members. We were founded by a small group of educators in 1954. and also At Extra Credit Union, you'll find more than innovative financial products and banking services tailored to your life, needs and financial goals.

  • Sistar Mortgage
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  • Discover Sistar Mortgage, a premier mortgage company in Michigan dedicated to securing your future. Our expert team provides a comprehensive range of mortgage products, ensuring personalized support from pre-qualification to loan verification. With Sistar Mortgage, experience a seamless and transparent journey to homeownership. Contact us at 1 888-