USDA Vs. FHA Pro and Con comparison in North-Hempstead, Nassau County, NY

In 2025, the USDA loan limit in North-Hempstead, within Nassau county and NY, is set at $0, whereas the FHA limit for a single-family home is $822,375.

To compare today's top USDA and FHA rates, utilize the Lendersa® USDA loan calculator. It helps you figure out the required income, credit, reserves, and documents for qualification. This advanced mortgage calculator shows a side-by-side comparison of USDA, FHA, Conforming, and VA loans, assisting you in deciding the program most suited to your financial circumstances in .

Check out loan offers from 100 lenders

2025 Loan Limits and Down Payment Requirements in North-Hempstead, Nassau, NY

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $822,375 3.5%
Conventional Conforming $822,375 3%

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

The aim of Lendersa® is to efficiently and easily obtain the best USDA or FHA loan for you. Start by choosing one of three paths to match with lenders and access USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NY

The USDA home loan is backed by the Department of Agriculture, commonly known as the USDA Rural Development Loan or USDA mortgage. These loans are exclusively for rural areas. Unlike FHA loans, which require a down payment of at least 3.5%, USDA loans have no down payment requirement.

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



  • Bank of Franklin Meadville
  • 9 Main Street East, Meadville, MS, 39653
  • Franklin County was named for philosopher and statesmen Benjamin Franklin and was one of the original counties of the state of Mississippi. In 1809, seven years prior to Mississippi’s admission into the Union as a state, the county was organized in the Mississippi Territory. A large part of the western portion of the county
  • Woodmen Federal Credit Union
  • 1700 Farnam Street, Suite 1000, Omaha, NE, 68102
  • Woodmen Federal Credit Union has been open since 1934. The credit union has assets totaling $10.66 Million and provides banking services to more than 1, 000 members. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups,
  • Omaha Public Power District Employees Federal Credit Union
  • 444 S 16th Street, Omaha, NE, 68102
  • The Omaha Public Power District Employees Federal Credit Union (OPPD EFCU) was established in 1938 as a nonprofit financial cooperative for the employees of the Omaha Public Power District and their families. We are member owned and operated under the direction of an elected volunteer board made up of OPPD employees.
  • Gallup Federal Credit Union
  • 1001 Gallup Drive, Omaha, NE, 68102
  • Gallup Federal Credit Union has been open since 1979. The credit union has assets totaling $21.6 Million and provides banking services to more than 2, 000 members. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups
  • LeverageRx
  • 808 Conagra Drive, Omaha, NE, 68102
  • LeverageRx is a digital lending and insurance marketplace exclusively for doctors. We make it incredibly simple to compare rates on physician mortgage loans, physician disability insurance, student loan ReFinancing, and other financial services for medical professionals. Make smart, swift financial decisions with LeverageRx.
  • Nelnet
  • PO Box 2970, Omaha, NE, 68103
  • We provide payment technology for over 1, 300 higher education institutions and 11, 500 K-12 schools. We deliver world-class fiber internet, TV, and phone services to residents of Nebraska and Colorado. We help borrowers achieve their educational goals with private student loan and refinance solutions.
  • Dawson Co-op Credit Union
  • 711 6th Street, Dawson, MN, 56232
  • Dawson Co-op Credit Union is a member-owned, nonprofit financial cooperative. A cooperative is an association of people who voluntarily join together to meet their common economic, social, or cultural needs, and aspirations through a jointly owned and democratically controlled enterprise.
  • Union Pacific Streamliner Federal Credit Union
  • 1400 Douglas Street, MS 0040, Omaha, NE, 68179
  • Since our origin in 1937, the Union Pacific Streamliner Federal Credit Union has been serving our members, Union Pacific employees, and their families, with exceptional service and financial products. Union Pacific Streamliner Federal Credit Union focuses our energies on delivering the very best personal service to our members,