USDA Vs. FHA Pro and Con comparison in Newark-Valley, Tioga County, NY
In 2026, the USDA loan limit for Newark-Valley, Tioga county, NY is set at $285,000, while the FHA limit is $356,362 for a single-family home.
Try using the Lendersa® USDA loan calculator to compare the best rates available today between USDA and FHA loans. It helps you determine the necessary income, credit, reserves, and documents for qualification. Our advanced calculator provides a side-by-side comparison of USDA, FHA, Conforming, and VA loans, assisting you in selecting the most suitable program for your financial needs in .
Loan Limits and Down Payment Requirements for 2026 in Newark-Valley, Tioga, NY
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Available USDA and FHA Loan Options in Newark-Valley, NY
Lendersa® aims to help you secure the finest USDA or FHA loan with speed and ease. Start with one of three initial steps resulting in matches with lenders and accessing USDA loan programs.
The USDA home loan is backed by the government Department of Agriculture, often called a USDA rural development loan or USDA mortgage, and is intended for rural areas exclusively. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA loans do not require any down payment, offering a significant benefit for eligible applicants.
At Visions, we condemn racism, violence, discrimination, and hatred toward any person or persons. It is in our foundation as a credit union to accept and serve all members equally, regardless of their race, social status, or financial position This spirit of inclusion extends to our homes and our employees, too.
UHS Employees Federal Credit Union has been open since 1974. The credit union has assets totaling $23.59 Million and provides banking services to more than 3, 000 members.
The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups,
Tioga State Bank has been providing loans to business customers and forming long lasting relationships for over 150 years. We believe it’s in your best interest to have a working relationship with a local banker; one that takes time to learn your business. We know what it takes for a business to get started and to succeed. As local bankers, we know
The First National Bank of Dryden has been involved in our local community for over a century. We keep the business local and we keep the customer service local. The person answering our phone will never be automated.Over time, we've expanded into the Cortland area and most recently the historic district of Homer
Tompkins Employees Federal Credit Union, Ithaca, NY, 14850
Lends in New York
The Tompkins Employees Federal Credit Union (TEFCU) is organized to serve people who live, work and/or own a business in Tompkins County. As a community based financial institution, owned and operated by our members, our purpose is to provide financial advice and competitive priced line of financial products
Alternatives is a regional Community Development Credit Union (CDCU) & a Community Development Financial Institution (CDFI). Our mission is to build wealth & create economic opportunity for underserved people & communities. Our vision is to lead an economic movement to create thriving, empowered communities with financial freedom for everyone.
Our mission is to provide the highest level of personal financial services in a friendly, professional manner; to encourage thrift, savings and the wise use of credit; to increase the knowledge & ability of our members to manage & control their financial well-being; to provide sound financial management.
The First National Bank of Groton has been proudly serving the area communities for over 150 years. The Bank is customer driven. Its very existence is based on customers finding value in the products and services being offered. The Bank prides itself on offering a superior level of personalized customer service.
