USDA Vs. FHA Pro and Con comparison in Palatine, Montgomery County, NY
For the year 2025, the USDA loan limit in Palatine, located in Montgomery county, NY is $336,500, whereas the FHA limit for a single-family home is set at $472,030.
Utilize the Lendersa® USDA loan calculator to compare the current best rates for USDA versus FHA, in order to verify income, credit, reserves, and document requirements to qualify. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA loans side by side, helping you determine which program in fits your financial goals.
Loan Limits and Downpayment Requirements for 2025 in Palatine, Montgomery county, NY
Type of Loan
Maximum Loan
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Palatine, NY
Lendersa® strives to secure you the ideal USDA or FHA loan efficiently and without hassle. Choose one of three beginning methods that lead to connecting with lenders and accessing USDA loan programs.
The USDA home loan is a government-backed loan provided by the Department of Agriculture, commonly referred to as a USDA rural development loan or USDA mortgage, available in rural areas only. It differs from FHA loans, which require at least a 3.5% down payment, as the USDA mortgage requires no down payment.
In 1903 four brothers chartered Lincoln State Bank in Glenburn, ND. In 1935, upon request by several Hankinson, ND merchants, the Healy family moved the charter to Hankinson. The bank continued to serve Glenburn for a number of years through the operation of a paying and receiving station.
VISIONBank is a locally-owned community bank that was started in 2003 by a team of experienced bankers who were committed to providing exceptional service and building an organization that would never lose that small town bank connection to its clients. Walk into the lobby of one of the VISIONBank locations
"We serve the financial needs of postal employees & their families in North Dakota, South Dakota, & Minnesota.
We proudly serve postal employees & their families! We have three offices in Fargo & Grand Forks to help our members with all of their financial needs. Our loan rates are great!
Fargo Public Schools Federal Credit Union is a not-for-profit, member-owned financial cooperative providing services to the employees of Fargo Public Schools and their families. On November 10, 1934 with $10, 000 in deposits, 10 educators signed a charter to form FPSFCU. It was the first credit union in North Dakota and 47th in the nation.
801 10th Street South, Suite 100, Fargo, ND, 58103
F-M Mortgage was founded in May of 1992 by Marles Hass and Larry Reiser. F-M Mortgage's home office is located at 801 10th Street South, in downtown Fargo, ND. Our Bismarck office is located downtown, in the Logan's on Third building, at 120 3rd Street North. We are the EXPERIENCED EXPERTS in the Mortgage Market in North Dakota and Minnesota.
Imagine home lending community by supporting you through the loan process. We know that you have many options for lenders, but just like finding the perfect home, you need the perfect lender. Preferably, a lender that is trustworthy, who is attentive, and who can dedicate attention to ensure a smooth closing process for you
First Class Mortgage is more than just our company name. It's the way we do business! Whether you are buying a new home or refinancing your existing mortgage, our dedicated team is committed to satisfying your home financing needs. We provide First Class service, First Class knowledge, and First Class experience
Our Mission is to provide an unexpected experience by offering exceptional, personalized service and valuable financial advice. Since 1905 our bank has continually existed and served the residents around Douglas County Nebraska. Our focus has been to provide an unexpected financial experience by offering exceptional, personal service.
