USDA Vs. FHA Pro and Con comparison in Mohawk, Montgomery County, NY
In the year 2025, the USDA loan limit in Mohawk, within Montgomery county, NY, is set at $336,500. Meanwhile, the FHA loan limit for a single-family home is $472,030.
Make use of the Lendersa® USDA loan calculator to compare the most favorable rates available now between USDA and FHA loans. Assess the income, credit score, reserves, and necessary documents for qualification. Our cutting-edge mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side-by-side. This information is crucial for making a well-informed decision on the most suitable financial program for your situation in .
Loan Limits and Down Payment Requirements for 2025 in Mohawk, Montgomery, 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 Mohawk, NY
The mission of Lendersa® is to facilitate the process of obtaining the most appropriate USDA or FHA loan quickly and easily. Choose one of three outlined steps that lead to successful matching with lenders and access to USDA loan programs that align with your needs.
A USDA home loan is a government-backed financing option through the Department of Agriculture, also referred to as the USDA rural development loan or USDA mortgage, and is exclusively offered in rural areas. FHA loans necessitate at least a 3.5% down payment, whereas the USDA loan eliminates the need for any down payment, benefiting eligible borrowers seeking affordability and flexibility.
225 Executive Drive, Suite 410, Plainview, NY, 11803
Mortgage Wealth Advisors, Inc. is a concierge mortgage brokerage, arranging mortgage financing for clients throughout New York and Florida. We offer a wide range of loan products through an expansive network of lenders. We match the right loan to the needs of our borrowers, with competitive rates that satisfy even the most discerning clients.
1670 Old Country Road, Suite 220, Plainview, NY, 11803
Green River Capital Corporation, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential & commercial lending industry by applying online today. You will find that the skill, professionalism, and consideration
79-21 Metropolitan Avenue, Middle Village, NY, 11379
Cross County Savings Bank is a local, FDIC-insured mutual savings bank that was originally founded in 1888 as Bushwick Savings & Loan Association of New York. Since such time, we have gone through various name changes, but our mission has remained the same… to make a difference in the lives of our local customers.
Founded in 1915, Charles River Bank began providing opportunities for people in our community to enjoy homeownership, achieve financial goals, & look to the Bank as a constant resource for improving the lives of their family, their business, & the community that we share. Charles River Bank is a successful, independent co-operative chartered bank.
New Horizon Mortgage Company is a Medway, MA based mortgage brokerage company that is committed to providing clients with the highest quality home loans combined with some of the lowest mortgage rates available in the region. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan, or consolidating debt.
Transfiguration Parish Federal Credit Union started its operations in the basement of the Transfiguration Church convent on Marcy Avenue in Brooklyn, New York in 1962. Father Karvelis wanted to provide our community with the financial tools and services at a lower cost as compared to other financial institutions.
285 North 6th St, Second Floor, Brooklyn, NY, 11211
Go Rascal is the story of how two guys, Scott Valins, acknowledged as one of the best mortgage brokers in the country, and David Williams, an accomplished corporate finance and operations professional who built one of the country’s fastest growing online recruiting marketplaces, raised an idea together. And how, in the process, they are raising the
At Brooklyn Bridge Capital, we possess years of real estate industry experience, offering flexible financing and investing solutions. Founded by Shaya Krausz twelve years ago, our solid reputation has been crafted on a strong edifice of integrity and credibility. Servicing prominent lending institutions, we specialize in non-performing notes and th
162-16 Union Tpke, Suite 305, Fresh Meadows, NY, 11366
Logic Advance Group Firmly established as one of the nation’s forefront leaders in business capital funding, our professional and experienced staff is always standing by to assist you through our quick and easy cash advance system. Whether you seek as much as 500, 000 dollars or as little as 5, 000 dollars, we consistently provide our clients
