USDA Vs. FHA your options comparison in South-Hempstead, Nassau County, NY

In 2025, within South-Hempstead in Nassau county, NY, the USDA loan limit is set at $0, whereas the FHA limit for a single-family home is $822,375.

Utilize the Lendersa® USDA loan calculator to compare the leading rates between USDA and FHA for today, determining income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA side by side, assisting you in selecting the best-suited program for your financial needs in .

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2025 Loan Limits and Downpayment Requirements in South-Hempstead, Nassau, NY

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

Options for USDA and FHA Loans in South-Hempstead, NY

Lendersa® aims to efficiently connect you with the best USDA or FHA loan without the hassle. Begin with one of three approaches that link you with lenders and USDA loan programs to suit your needs.

Lendersa USDA loan requests and match results

Understanding the USDA Loan in NY

The USDA home loan, guaranteed by the government through the Department of Agriculture, is also known as the USDA rural development loan or USDA mortgage. It's meant for rural areas exclusively. Unlike FHA loans that require at least a 3.5% down payment, the USDA mortgage doesn't mandate any down payment.

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



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