USDA Vs. FHA Pro and Con comparison in Phelps, Ontario County, NY
In the year 2026, USDA establishes the loan limit for Phelps, located in Ontario county, NY, to be $336,500, whereas the corresponding FHA limit for a single-family home is fixed at $472,030.
To compare the current top USDA and FHA rates, you can use the Lendersa® USDA loan calculator, which will also help you assess the required income, credit, reserves, and documentation necessary for eligibility. Our enhanced mortgage calculator allows a side-by-side comparison of USDA, FHA, Conforming, and VA choices, aiding you in deciding which program in aligns best with your financial situation.
Outlined 2026 loan limits and down payment requirements in Phelps, Ontario county, NY
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Explore USDA and FHA loan options in Phelps, NY
Lendersa® is committed to swiftly securing you the most suitable USDA or FHA loan hassle-free. You can choose from one of three initial points that will match you with lenders and USDA loan programs tailored to your needs.
A USDA home loan is backed by the government's Department of Agriculture, widely referred to as the USDA rural development loan or USDA mortgage, available exclusively in rural settings. Unlike FHA loans, which demand a minimum 3.5% down payment, USDA mortgage loans do not require any down payment.
Founded in 1910, The Peoples Bank has served Kent & Queen Anne’s Counties and the Eastern Shore for over 100 years (and Talbot County starting in 2016). The bank has a consistent history of outstanding service in the form of lending programs, customer satisfaction and involvement in its communities.
The Latvian Cleveland Credit Union is a full-service credit union. We offer savings accounts, checking accounts, IRA accounts (Traditional, Educational, Roth, SEP), Money Market Accounts, ATM cards, Online Bill Pay and many other services.The Latvian Cleveland Credit Union, Inc. is the largest Latvian credit union in the United State
As a direct lender, we're able to offer competitive pricing, rates and timely closings. We know that each customer has specific needs, so we strive to satisfy with a wide array of mortgage loan products, investment tools, and of course quality service and individual attention. We lend in four states - North Carolina, Tennessee, Minnesota and Ohio.
We are a full-service Credit Union, but more importantly, we’re people like you, helping people like you. Yes…we have checking and saving accounts; auto loans and mortgages…you get the gist. But what we pride ourselves most on is helping you through every stage of your life. IC was founded in 1928.
In 1951, Summit Federal Credit Union ( then known as Summit School Employees Federal Credit Union), like all credit unions, was organized because a handful of people believed in an idea and were willing to work, to serve, to create and to bring to reality a cooperative financial institution. We organized for mutual protection
Our credit union was founded in Akron, Ohio in 1933 to give financial support to postal workers. The credit union operated out of the Akron Post Office until 1968. By 1975, our membership grew to include many more members of the community, so we changed our name to Buckeye State Credit Union.
BFG Federal Credit Union has been open since 1935. The credit union has assets totaling $171.85 Million and provides banking services to more than 23, 000 members
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
Sunny Lending LLC has a combined 25+ years of experience in the mortgage industry, including both residential and commercial mortgages. Our staff commands a wide range of experiences working with different banks and financial institutions. We provide unique service to better serve your financial needs.
656 Quince Orchard Road, Suite 120, Gaithersburg, MD, 20878
At Eagle Creek Mortgage LLC, a one stop shop for all your mortgage needs. You can find information on all of our loan officers, as well as, find all the resources you will need when shopping for a mortgage. EAGLE CREEK MORTGAGE, LLC is a banking company based out of 656 QUINCE ORCHARD RD, Gaithersburg, Maryland, United States.
