USDA Vs. FHA your options comparison in Newfane, Niagara County, NY

In 2025, the USDA loan limit in Newfane, located in Niagara county of NY, is set at $336,500, whereas the FHA limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to compare current USDA and FHA rates. Assess income, credit, reserves, and necessary documents needed for qualification. Our innovative mortgage calculator presents USDA, FHA, Conforming, and VA options side by side, aiding you in choosing the most appropriate program for your financial situation in .

Explore loan offers from 100 different lenders

2025 Loan Limits and Downpayment Requirements in Newfane, Niagara, NY

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Options in Newfane, NY

Lendersa® aims to secure the best possible USDA or FHA loans quickly and effortlessly. Choose from one of three starting strategies that align you with matching lenders and USDA loan programs.

Results of Lendersa USDA loan requests

Explaining USDA Loans in NY

A USDA home loan is backed by the Department of Agriculture, known as a USDA rural development loan or USDA mortgage. This loan type is accessible only in rural regions. Distinct from FHA loans, which necessitate a 3.5% minimum down payment, USDA loans require no down payment, making them a unique option for eligible borrowers.

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



  • The Bank of Fayette County
  • LogoFEB22-3967, Bolivar, TN, 38008
  • The Bank offers loans for almost all of your business needs. Our lending professionals are trained to assist you with your financial needs. We strive to tailor all lending to each customer’s needs. There are various financing options available. Please contact a Loan Officer directly to discuss your options.
  • Bank of Brookfield-Purdin
  • 939 Park Circle Dr, Brookfield, MO, 64628
  • Bank of Brookfield-Purdin has full service bank facilities in Brookfield, Purdin, and Meadville in Linn County and in Winigan located in the southeast corner of Sullivan County, all locally owned, managed, and staffed with individuals living in each of these communities who want you to bank with us.
  • First Community Bank
  • 201 W Main Street, Silver Lake, MN, 55381
  • First Community Bank is interested in the financial wellbeing of our valued customers. Listening to your needs is the first step in supporting and guiding your financial success. Our caring and knowledgeable staff are here to listen and recommend quality financial products and services to help you reach your goals.
  • Farmers Bank of Lohman, Missouri
  • 103 Lomo Drive, Jefferson City, MO, 65109
  • Farmers Bank of Lohman is a community-oriented financial institution serving the Lohman and St. Martins, Missouri areas. The original incorporation of the Bank consisted of 100 shares of $100 par value purchased by investors from the local community of Lohman. We remain locally owned and operated and the descendants.
  • Highway Alliance Credit Union
  • 2010 William Street, Jefferson City, MO, 65109
  • Highway Alliance Credit Union has been open since 1958. The credit union has assets totaling $24.93 Million and provides banking services to more than 2, 000 members. The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
  • Conservation Employees’ Credit Union
  • 2915 W Truman Boulevard, Jefferson City, MO, 65109
  • Since 1955, Conservation Employees’ Credit Union (CECU) has existed as a financial institution owned by those people who save, borrow, and invest together as credit union members. As the credit union offers excellent returns on savings and low loan rates, each member has the opportunity to achieve greater stability and success.
  • Jefferson Bank
  • 700 Southwest Blvd., Jefferson City, MO, 65109
  • At Jefferson Bank, we think banking should be personal. And we like working with you. That's why customer service is so important to us. We're a team dedicated to serving you. You can count on our professionalism and discretion in handling all of your financial needs. Feel free to contact us with any question or concern.
  • Accord Mortgage
  • 2810 S. Ten Mile Dr., Jefferson City, MO, 65109
  • Purchasing a home is a big financial decision. We are dedicated to making sure whichever path you take, the road to your new home is an easy one! At Accord Mortgage, we are proud to offer loans of all types to all of Missouri and are dedicated to finding a solution that is perfect for you and your lifestyle. Let us help you find the loan