USDA Vs. FHA your options comparison in Veteran, Chemung County, NY

For 2025, the USDA loan limit in Veteran, within Chemung county, NY, is established at $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to assess today's leading rates between USDA and FHA loans. Determine the required income, credit, reserves, and documentation needed to qualify. Our advanced mortgage calculator provides side-by-side comparisons of USDA, FHA, Conforming, and VA loans, assisting you in deciding which program in best meets your financial requirements.

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Loan Limits and Downpayment Requirements for 2025 in Veteran, Chemung County, NY

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Options in Veteran, NY

Lendersa® is committed to securing the best possible USDA or FHA loan quickly and without hassle. Choose one of three initial approaches to match with lenders and discover eligible USDA loan programs.

Lendersa USDA loan request matching results

Comprehending the USDA Loan in NY

A USDA home loan, supported by the Department of Agriculture, often called the USDA rural development loan or USDA mortgage, is accessible solely in rural neighborhoods. Unlike FHA loans that demand a minimum 3.5% down payment, a USDA mortgage mandates no down payment.

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



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  • We Florida Financial is your credit union. Since 1952 we have served Fort Lauderdale, then Broward County, and today we serve individuals in 46 Florida counties. We Florida Financial is federally insured by the NCUA. We are a not-for-profit cooperative owned by our members who get to earn more and keep more of their money
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