USDA Vs. FHA your options comparison in Phelps, Ontario County, NY
In the year 2025, 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 2025 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.
2815 Hartland Rd, Suite 200, Falls Church, VA, 22043
"WCP was founded on a mission to change the lending industry. In 2012 we set out to rewrite the rules of hard money lending, focusing on streamlined technology, exceptional customer service, and assembling an all-star team.
Today we keep our business local to DC, Maryland, and Virginia where we can provide proven expertise.
Main Street Bank is a locally run, independent mutual savings institution serving the Metrowest and northern Middlesex communities of Massachusetts. We believe in working together, so we can do more. We are united under a culture that strives every day to contribute to our communities by providing customer-focused, innovative products
St. Mary's Credit Union, headquartered in Marlborough, MA with Retail Branches in Marlborough, Northborough, Hudson, Westborough and Framingham MA is more than a just financial institution: we are also a trustworthy member of the community we serve. As a not-for-profit organization, our purpose is not to take money.
Digital Federal Credit Union, better known as DCU, is a not-for-profit financial cooperative owned by and operated for our members. DCU was chartered in October of 1979. Since then, DCU has been selected as the credit union for more than 700 companies and organizations. DCU serves more than 850, 000 members and their families in all 50 states.
910 Boston Post Road East, Suite 310, Marlborough, MA, 01752
"JEMS is a Massachusetts-based private lending company offering loans for construction and development projects in in Boston and surrounding cities in MA.
Owned and operated by two long time real estate development professionals, Richard Olstein and Michael Staiti. Richard and Michael have over 50 years of real estate development, management"
Mortgage Unity is a full service mortgage brokerage that has been specifically built for the consumer, real estate professional and mortgage professional to work together creating a better consumer experience. By taking a collaborative approach to mortgage finance, Mortgage Unity can effectively and efficiently help consumers finance.
1849 C Street NW, Room B038, Washington, DC, 20240
Interior Federal Credit Union has been the financial solution serving employees, volunteers, and the families of the Department of Interior since 1935. We provide financial wellness through our commitment to customer service and a dedication to provide world-class products and services from banking, lending, insurance, and investments.
The IDB Global Federal Credit Union is a not-for-profit, financial service cooperative owned by over 11, 000 members and sponsored by the Inter-American Development Bank community (IDB and IDB Invest and From our humble beginnings over 60 years ago, we have worked steadily together with members.
451 7th Street SW, Suite 3241, Washington, DC, 20410
HUD Federal Credit Union (HUDFCU) is a not-for-profit financial cooperative headquartered in D.C. with current assets of just under $50 million and over 5, 600 members. Having supported the employees and families of those who work for the common purpose of Housing and Urban Development since 1936.
