USDA Vs. FHA Pro and Con comparison in Minden, Montgomery County, NY
In 2025, the USDA loan limit for Minden, located in Montgomery county, NY, is $336,500, while the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to weigh the best current rates of USDA versus FHA loans, determining income, credit, reserves, and needed documents for qualification. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side to assist in deciding which program in aligns best with your financial circumstances.
2025 Loan Limits and Downpayment Requirements in Minden, Montgomery County, 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 Minden, NY
The goal of Lendersa® is to quickly match you with the most favorable USDA or FHA loans efficiently and without hassles. Choose one of three starting points, leading to matching lenders and USDA loan programs.
The USDA home loan, also known as a USDA rural development loan or USDA mortgage, is a government-guaranteed loan available only in rural areas, backed by the Department of Agriculture. In contrast to FHA loans, which require a minimum 3.5% down payment, a USDA loan requires no down payment.
Community Mortgage; our name says it all. Mortgages are all we do, and we are experts at it. We're committed to serving you with on time closing, local underwriting/decision making, expert support personnel and exceptional communication. We know your neighborhoods, understand your needs and we're here for you, every step of the way.
WCF Financial Bank is a locally-committed community bank focused on providing exceptional customer service with quality products and services.
After 80 years, WCF Financial Bank has built a reputation of being a locally-committed community bank with locations in Webster City and Independence providing exceptional customer service
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.
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The Gooi Mortgage team has an extensive background in all functions of mortgage banking, including fulfillment and consulting services for lenders of all sizes.
We deliver a seamless, end-to-end fulfillment solution for smaller lenders, creating the best mortgage loan experience possible.
Serve Credit Union began serving Des Moines Police Officers in 1931 as the premier leader in financial services for law enforcement. Since inception, the credit union has expanded its field of membership to include first responders, government employees, school employees and their families
