USDA Vs. FHA Pro and Con comparison in Medford, Suffolk County, NY
In 2025, the USDA loan limit for Medford, located in Suffolk County, NY, is $776,600. Meanwhile, the FHA limit for a single-family home is $1,089,300.
Leverage the Lendersa® USDA loan calculator to compare today's leading USDA and FHA rates, assessing the income, credit, reserves, and documentation necessary for qualification. Our advanced mortgage calculator positions USDA, FHA, Conforming, and VA loan options side by side, guiding your choice for the most fitting program in according to your financial circumstances.
Loan Limits and Down Payment Requirements for 2025 in Medford, Suffolk, NY
Loan Type
Loan Limit
Down Payment
USDA
$776,600
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
Exploring USDA and FHA Loan Opportunities in Medford, NY
The objective of Lendersa® is to swiftly and effortlessly secure the best possible USDA or FHA loans for you. Start with one of three strategies to connect with lenders matching your needs and explore USDA loan programs.
USDA home loans, also known as USDA rural development loans or mortgages, are guaranteed by the U.S. Department of Agriculture. These loans are exclusively available in rural areas and require no down payment, unlike FHA loans that necessitate a minimum of 3.5% down.
2509 Wilma Rudolph, Suite E, Clarksville, TN, 37404
1st United Mortgage is dedicated to serving veterans and military families. As VA Loan specialists, our experts are trained specifically on VA eligibility requirements and will walk you through every step of the loan process. Our mission is to make the mortgage process and simple and stress-free as possible for you.
We're Virtual Mortgage Solutions, Inc, and we've been the premier mortgage brokerage company here in New Lenox, IL. We have over 26 years of experience and offer a variety of mortgage options including reverse mortgages, FHA mortgages, VA mortgages and much more. I'd like to personally invite you to call us today for all your mortgage needs!
Healthcare Services Credit Union was originally chartered on March 25, 1952 under the name of Erlanger Hospital Credit Union. The purpose of the Credit Union was to provide a safe place for the employees of Erlanger Hospital to save and borrow. Now under the name of HEALTHCARE SERVICES CREDIT UNION, we serve over 4675 members.
Citizens was opened by local citizens in 1917 to serve the loan needs of people who have limited access to bank credit. Citizens primarily makes secured and unsecured loans to individuals with less than perfect credit or collateral for personal, family or household purposes Automobiles and personal property are all acceptable as collateral.
The First Bank of Manhattan has been providing high quality, full service personal and business banking services to Manhattan and our neighboring communities of New Lenox, Elwood, Wilmington and Wilton Center.
The bank offers a full range of deposit products such as Checking, savings, CD’s, IRA’s, children’s and teen’s accounts.
One Mid America Plaza, Suite 800, Oakbrook Terrace, IL, 60181
NEO represents the new way of doing home loans. We advise you how to pay off your mortgage and consumer debts faster and with much lower cost – all while maximizing your wealth. We focus on your long-term, comprehensive wealth strategy over the short-term mortgage transaction. Founded in 2021.
17 West 220 22nd Street, Suite 250A, Oakbrook Terrace, IL, 60181
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
1801 S Meyers Rd, Suite 500, Oakbrook Terrace, IL, 60181
The Peoples Home Equity Inc Team is committed to providing clients with the highest quality home loans combined with some of the lowest mortgage rates available in all of Illinois. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan.
