USDA VS FHA in Mineola, Nassau County, NY

For 2025, the USDA loan limit in Mineola, located in Nassau county, NY, is $0. Conversely, the FHA limit for a single-family home is set at $1,089,300.

Utilize the Lendersa® USDA loan calculator to compare today's top USDA versus FHA rates and discover the income, credit, reserves, and documentation required for qualification. Our advanced mortgage calculator allows you to see USDA, FHA, Conforming, and VA loans side by side, helping you choose the best program in for your financial needs.

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2025 Loan Limits and Down Payment Requirements in Mineola, Nassau, NY

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $1,089,300 3.5%
Conventional Conforming $1,089,300 3%

Exploring USDA and FHA Loan Options in Mineola, NY

Lendersa® aims to find you the optimal USDA or FHA loan quickly and without hassle. Choose one of three starting approaches that lead to aligning with suitable lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NY

A USDA home loan, supported by the Department of Agriculture and often known as a USDA rural development loan or USDA mortgage, is exclusively available in rural neighborhoods. Unlike FHA loans, which require a minimum 3.5% down payment, USDA loans are notable for requiring no down payment at all.

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



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