USDA and FHA Pro and Con in North-Merrick, Nassau County, NY
In the year 2025, the USDA loan cap in North-Merrick, located in the county of Nassau, NY, stands at $0, whereas for a single-family dwelling, the FHA limit is $822,375.
To compare today's top USDA rates against FHA, utilize the Lendersa® USDA loan calculator. Determine the necessary income, credit score, reserves, and documents required to qualify. Our sophisticated mortgage calculator lets you compare USDA, FHA, Conforming, and VA programs side by side, aiding in choosing the right fit for your unique financial needs in locations like Alabama.
Loan limits and down payment requirements for 2025 in North-Merrick, county of Nassau, NY
Loan Program
Limit
Required Down Payment
USDA
$0
0%
FHA
$822,375
3.5%
Conventional Conforming
$822,375
3%
Options for USDA and FHA Loans in North-Merrick, NY
The mission of Lendersa® is to quickly facilitate your access to the best possible USDA or FHA loan without effort. Choose one of three approaches to connect with lenders and USDA loan schemes.
USDA loans, guaranteed by the U.S. Department of Agriculture, also called USDA rural development or USDA mortgages, are geared towards rural areas. Unlike FHA loans, which mandate a 3.5% down payment, USDA loans allow a no-down-payment option.
Socotra Capital is California's Private Money Lender. As a solution oriented lender we specialize in providing financing for real estate investors throughout California on projects that cannot be financed through traditional methods. Whether it be a bridge loan, fix and flip loan commercial refinance, ground up construction project.
We have been helping home owners, investors and commercial property owners since 1984. Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide real estate and real estate loans to our clients while providing them with the lowest interest rates and closing costs possible.
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Welcome to Kappel Mortgage Group! Where you will find mortgage brokers that are experts and understand the local market and rates so that you can ensure you are getting the best deal. Whether you are first time home buyer purchasing your dream home, refinancing an outstanding loan.
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