USDA Loan Vs. FHA loan for Shelter-Island, NY [Suffolk County ]

As of 2025, the USDA loan limit in Shelter-Island, which is in Suffolk, NY, is $657,900, whereas the FHA limit for a single-family home is $822,375.

Utilize the Lendersa® USDA loan calculator to compare today's best USDA versus FHA rates. Determine the income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA programs side by side, helping choose the right option for your financial needs in .

Options for USDA and FHA Loans in Shelter-Island, NY

At Lendersa®, the aim is to quickly secure your ideal USDA or FHA loan without hassle. Choose one of three starting points connecting you with lenders and exploring USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NY

A USDA home loan, supported by the Department of Agriculture, also called a USDA rural development loan or mortgage, is only available in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, a USDA mortgage requires none.

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(803) 485-1080 Lender's profile and map Reviews VP Capital Lending 1413 Calhoun St, Columbia, SC, 29201 VP Capital Lending, through its simplified real estate investment loan process, strives to provide our clients with both simple and fast financing. We have built a reputation for building and maintaining long-term relationships with our clients. Whether you are looking to Fix & Flip a property, purchase a property for rental income, or invest.
(803) 331-9605 Lender's profile and map Reviews Midland Mortgage Corporation 1500 Richland St, Suite 2611, Columbia, SC, 29201 Midland Mortgage makes it possible everyday with their prompt personal service professional & experienced loan officers & knowledgeable staff. Guaranteed competitive rates with a wide variety of mortgage options to meet your specific needs. As an independent mortgage banker Midland has the flexibility to offer you the unique financing you need.
(765) 825-2171 Lender's profile and map Reviews Union Savings and Loan Association 730 Central Avenue, Connersville, IN, 47331 Founded in 1892, USLA is a conservative, “old school” bank, committed to the customer service and hometown style that has made us successful in the 19th, 20th, and now 21st Centuries. If you are looking for a bank that still maintains traditional values, still believes in community service, and still makes loan decisions locally, then Union Savings
(765) 827-1317 Lender's profile and map Reviews Whitewater Regional FCU 3030 Western Avenue, Connersville, IN, 47331 Whitewater Regional FCU is a full-service credit union 1939. We have grown from our humble beginnings in a small office located above the factory floor of Roots Connersville Blowers to a small community credit union where everyone feels at home. We provide fast, friendly, convenient service for all of our members
(989) 352-6031 Lender's profile and map Reviews Community First Federal Credit Union 9637 N Greenville Rd, Lakeview, MI, 48850 Community First Federal Credit Union was founded in Lakeview, Michigan in 1985. We opened our second branch in Howard City, Michigan in 2009. The third branch, located in Trufant, Michigan, opened in 2012. In 2018, we opened our fourth branch in Morley, Michigan.We are a part of Xtend, a share branching network.
(803) 798-4064 Lender's profile and map Reviews Business Development Corporation 111 Executive Center Drive, Suite 225, Columbia, SC, 29210 Business Development Corporation (BDC) has been financing small businesses in South Carolina, leading to the creation of thousands of new jobs for the citizens of the Palmetto State. Since 1958, BDC and its associate company, Certified Development Corporation (CDC), have approved more than 2, 890 loans totaling in excess of $1.73 billion.
(855) 391-3290 Lender's profile and map Reviews National Asset Mtg Servicing 4350 St. Andrews Rd, Suite F, Columbia, SC, 29210 NAM is a leader in the non-QM origination & servicing industry. Whether you are a lender in need of licensed originators to assist with compliant underwriting or a licensed servicing partner for your loans, National Asset Mortgage is able to assist you. NAM is one of the most experienced low-balance, high-touch, complex servicing/subservicing firms
(423) 623-6088 Lender's profile and map Reviews Newport Federal Bank 170 West Broadway, Newport, TN, 37821 Since 1934 we have been a hometown bank with your needs as our number one priority. That is why we offer a wide variety of products and friendly, reliable service-all in three convenient locations. From checking accounts to savings, loans, and investment opportunities, we offer the latest in financial services.
(859) 258-3990 Lender's profile and map Reviews Metro Employees Credit Union 1306 Versailles Road, Suite 140, Lexington, KY, 40504 MECU was established in 1940 by city employees looking for a way to earn higher rates on savings and lower rates for loans. Today, MECU has grown into a full service credit union. Membership in MECU is open to employees of the City of Lexington, employees of accepted outside agencies of the City of Lexington, employees of the Credit Union.
(859) 231-9300 Lender's profile and map Reviews Greater Kentucky Credit Union 1001 Red Mile Rd, Lexington, KY, 40504 Since 1953, Greater Kentucky Credit Union has made being with a Credit Union easy and rewarding. While some credit unions have niche membership eligibility requirements, Greater Kentucky membership is open to anyone who lives, works, worships or attends school in any of the 24 counties in Kentucky or to any relative of an existing member.
(269) 649-1371 Lender's profile and map Reviews Classic Mortgage Corporation 104 S Michigan Ave, Vicksburg, MI, 49097 Classic Mortgage Corporation is a mortgage broker and lender and we opened our doors in 1994. As an independent mortgage broker, Classic Mortgage Corporation has steadily built a reputation for providing prompt, personal service and a broad array of competitive mortgage products.