USDA and FHA Pro and Con in North-Collins, Erie County, NY

In 2025, the USDA loan limit in North-Collins, county of Erie, NY, is set at $285,000, while the FHA limit for a single-family home is $356,362.

Leverage the Lendersa® USDA loan calculator to weigh today’s optimal USDA against FHA rates, exploring income, credit, reserves, and necessary documents for qualification. Our advanced mortgage calculator lets you compare USDA, FHA, Conforming, and VA options side by side, aiding you in determining which program in is most suited to your financial needs.

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2025 Loan Limits and Downpayment Requirements in North-Collins, County of Erie, NY

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Exploring USDA and FHA Loan Options in North-Collins, NY

The goal of Lendersa® is to help you secure the best possible USDA or FHA loan efficiently and without hassle. Choose from three approaches that connect you with matching lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NY

The USDA home loan, guaranteed by the U.S. Department of Agriculture, known as a USDA rural development loan or USDA mortgage, is available solely in rural areas. Contrary to FHA loans that necessitate a minimum 3.5% down payment, the USDA mortgage requires no down payment.

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



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