USDA Vs. FHA Pro and Con comparison in South-Farmingdale, Nassau County, NY

For 2025, the USDA loan cap in South-Farmingdale, county of Nassau, NY, is set at $0. In comparison, the FHA limit for a single-family house stands at $822,375.

Take advantage of the Lendersa® USDA loan calculator to weigh today's top USDA against FHA rates, and ascertain the necessary income, credit history, reserves, and required documentation for qualification. Our sophisticated mortgage calculator enables you to examine USDA, FHA, Conforming, and VA options side by side, assisting in choosing the most suitable program for your financial situation in Alabama. 

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2025 Loan Limits and Down Payment Requirements in South-Farmingdale, Nassau, NY

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $822,375 3.5%
Conforming Conventional $822,375 3%

Exploring USDA and FHA Loan Paths in South-Farmingdale, NY

At Lendersa®, the mission is to quickly and efficiently connect you with the ideal USDA or FHA loan. Begin with one of three pathways to find compatible lenders and USDA programs.

Lendersa USDA loan request and matching results

Understanding the USDA Loan in NY

The USDA home loan, guaranteed by the U.S. Department of Agriculture, often referred to as a USDA rural development loan or USDA mortgage, is accessible exclusively in rural areas. In contrast with FHA loans that mandate a minimum 3.5% down payment, USDA mortgages require no down payment, offering a significant benefit for eligible buyers in rural communities.

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



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