USDA Vs. FHA Pro and Con comparison in Sullivan, Madison County, NY
In the year 2025, the USDA loan limit for a single-family home in Sullivan, located in the county of Madison, NY, is $336,500. On the other hand, the FHA limit is $472,030.
Employ the Lendersa® USDA loan calculator to compare today's top USDA versus FHA loan rates and see what income, credit, reserves, and documents are needed for qualification. With our enhanced mortgage calculator, all four types—USDA, FHA, Conforming, and VA—can be viewed side by side. This comparative tool will assist you in determining which program best fits your financial circumstances in .
Understanding the 2025 Loan Limits and Down Payment Requirements in Sullivan, Located in Madison, NY
Loan Type
Maximum Limit
Required Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conforming Conventional
$726,200
3%
Examining USDA and FHA Loan Alternatives in Sullivan, NY
The objective at Lendersa® is to connect you promptly and smoothly with an ideal USDA or FHA loan. Start by choosing amongst three approaches that lead directly to suitable lenders and USDA loan programs.
A USDA home loan, which is backed by the United States Department of Agriculture, often called the USDA rural development loan or USDA mortgage, is specifically for properties in rural areas. Different from FHA loans requiring at least a 3.5% down payment, USDA mortgage loans require zero down payment, offering a significant advantage to rural home buyers.
Tompkins Employees Federal Credit Union, Ithaca, NY, 14850
The Tompkins Employees Federal Credit Union (TEFCU) is organized to serve people who live, work and/or own a business in Tompkins County. As a community based financial institution, owned and operated by our members, our purpose is to provide financial advice and competitive priced line of financial products
Alternatives is a regional Community Development Credit Union (CDCU) & a Community Development Financial Institution (CDFI). Our mission is to build wealth & create economic opportunity for underserved people & communities. Our vision is to lead an economic movement to create thriving, empowered communities with financial freedom for everyone.
Our mission is to provide the highest level of personal financial services in a friendly, professional manner; to encourage thrift, savings and the wise use of credit; to increase the knowledge & ability of our members to manage & control their financial well-being; to provide sound financial management.
Sidney Federal Credit Union offers convenient locations throughout Chenango, Otsego, & Delaware Counties with branches in Sidney, Norwich, Bainbridge, Oneonta, Greene, Hancock, Walton, & Delhi. Sidney Federal Credit Union is a federally insured financial institution - banking. easier.
People You Know. Service You Trust. We are dedicated to providing you with loan and deposit products designed with your needs in mind.
We're open to the community! If you live, work, worship, volunteer, or attend school in Ontario, Seneca, or Yates County, or if you are a member of an immediate family or household of those within the field of mem
USNY Bank is a bank with operations in one state. USNY Bank offers numerous mortgage programs including conventional, FHA and construction mortgages and also USNY Bank is a full-service bank. The Bank accepts deposits, makes loans and provides other services for the public The USNY Bank is located in Geneva with zip code of 14456
Reliant Credit Union is a member-owned and member-driven full-service financial institution with nine branches across Monroe, Ontario, & Wayne Counties in New York. We're committed to making a difference in the communities we serve by improving our members' financial lives and exemplifying the credit union philosophy of "people helping people
The Chen-Del-O Federal Credit Union is a federally organized cooperative, composed of people with a common bond of employment. The members are the owners of the Credit Union. They elect a Board of Directors who determine the policies under which the credit union operates according to rules established by the National Credit Union Administration,
Tioga State Bank has been providing loans to business customers and forming long lasting relationships for over 150 years. We believe it’s in your best interest to have a working relationship with a local banker; one that takes time to learn your business. We know what it takes for a business to get started and to succeed. As local bankers, we know
UHS Employees Federal Credit Union has been open since 1974. The credit union has assets totaling $23.59 Million and provides banking services to more than 3, 000 members.
The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups,
NetFunding Corporation's mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in buying a home or refinancing a mortgage. So we make a commitment to you and will help you qualify, apply and be approved for the right mortgage loan for you.
