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.
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First National Bank has been a community partner since opening our first location in Wichita Falls in 1986. In the years since, we have grown to seven banking centers and five mortgage offices.
Our asset size has increased to over $892 million and we have over 150 employees in the communities we serve.
Minter Mortgage are you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
208 East Broad Street, Suite 101, Mansfield, TX, 76063
"At Mansfield Mortgage, we understand the home-buying experience can be both exciting and stressful. After all, it’s probably your biggest investment. Let our experts help take the stress out of the mortgage process. From application to closing, we’ll work hand in hand to make your financial decisions easier and smarter."
5500 East Loop 820 South, Suite 101A, Fort Worth, TX, 76119
Our services will take the complications out of the process. Let one of our Loan Specialist analysis your credit profile to take the guess work out and identify the best financing available for you. You’ll be surprised by how easy your life becomes once we work together— contact one of our professional for more information.
Rushmore Electric Federal Credit Union was formed to assist employees and directors of rural electric cooperatives with their financial needs and planning in September 1964. Credit Unions are non-profit financial cooperatives and member-owned, just like rural electric cooperatives.
At First Western Federal Savings Bank, you’ll find an honesty from our non-recourse lenders that you won’t find anywhere else. We take extraordinary pride in providing simple, straightforward answers to your very important questions about buying investment real- estate. As a portfolio lender for over 30 years.
We strive to create a high-performance credit union committed to offering our members a competitive advantage on products and service compared to traditional lenders and big banks. Through our commitment to become our members’ primary financial institution, we shall consistently and constantly strive to assist members to attain their personal
Highmark Federal Credit Union is Rapid City’s first credit union. Originally chartered as Rapid City Teacher’s Federal Credit Union in 1940, we are a member-owned, not-for- profit financial cooperative with six locations serving anyone located across 11 counties in Western South Dakota and Eastern Wyoming.
