USDA Vs. FHA Pro and Con comparison in Riverhead, Suffolk County, NY

In the year 2025, the USDA loan limit for Riverhead, situated in the county of Suffolk, NY, is set at $776,600. For a single-family home, the FHA limit is $1,089,300.

Utilize Lendersa®'s USDA loan calculator to analyze and contrast today’s most favorable USDA and FHA rates. It also facilitates determining the needed income, credit, reserves, and documents for qualification. Our sophisticated mortgage calculator displays USDA, FHA, Conforming, and VA loans side by side, guiding you to select the most suitable program for your financial circumstances in .

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2025 Loan Limits and Downpayment Requirements in Riverhead, County of Suffolk, NY

Loan Type Loan Limit Down Payment
USDA $776,600 0%
FHA $1,089,300 3.5%
Conventional Conforming $1,089,300 3%

Exploring USDA and FHA Loan Options in Riverhead, NY

Lendersa® is dedicated to securing the best possible USDA or FHA loans efficiently and with ease. Start by selecting one of three options to connect with compatible lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NY

A USDA home loan is secured through the U.S. government by the Department of Agriculture, known as a USDA rural development loan or USDA mortgage. It is exclusively available in rural regions. Contrary to FHA loans that need a minimum down payment of 3.5%, the USDA mortgage requires no down payment, beneficial for eligible individuals.

Enter your location to find out if it qualifies for USDA rural housing loan?



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