USDA and FHA Pro and Con in Amherst, Lorain County, OH
For 2025, the USDA loan limit in Amherst, within Lorain County, OH, stands at $336,500. In comparison, the FHA loan for a single-family residence is capped at $472,030.
The Lendersa® USDA loan calculator is a powerful tool to compare current USDA versus FHA rates. It helps discern the income, credit score, reserves, and paperwork required for qualification. Our comprehensive mortgage calculator provides a side-by-side analysis of USDA, FHA, Conforming, and VA loans, helping you choose the best fit for your financial needs in .
Loan limits and down payment requirements for 2025 in Amherst, Lorain County, OH
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Amherst, OH
The objective of Lendersa® is to expedite the best USDA or FHA loan for you, efficiently and effortlessly. Begin by selecting from three pathways to find matching lenders and USDA loan opportunities.
A USDA loan, supported by the U.S. Department of Agriculture, is also known as the USDA rural development loan or USDA mortgage. This financing option is designated specifically for rural communities and, unlike FHA loans requiring a 3.5% minimum down payment, involves no down payment.
Virginia Credit Union was founded in 1928, originally as State Employees’ Credit Union. Through the decades, we have created financial products and services to help guide members in their financial lives and give them new knowledge and understanding of their finances. In everything we do, our work allows members to live with confidence.
7400 Beaufont Springs Drive, Suite 300, Richmond, VA, 23225
Kore Mortgage LLC is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan
IBEW Local #146 Credit Union was founded in 1958 by members of the IBEW Local 146 Union and is celebrating 60 years of being a member owned financial institution. Membership is open to members of the IBEW Local 146 and their immediate family members. Immediate family eligible for membership is limited to the spouse of the member
Staley Credit Union is a not-for-profit financial cooperative, owned by the members and operated solely for their benefit. Currently, membership at SCU is open to individuals who live or work in the Illinois counties of Macon, Moultrie, Piatt, DeWitt and Shelby, and the Indiana counties of Tippecanoe, Carroll, Clinton, Montgomery and White.
In 1883, a group of men got together, to establish an organization whose primary purpose was to help its members purchase homes.
The mission of Washington Savings Bank is to be a financially strong, progressive bank, serving our customers by providing quality, professional and innovative products and services they need and want, in a safe
Crossroads Bank was founded in the midst of that growth. Chartered in 1973 and opened in 1974 on South Banker Street in front of the new shopping mall, the bank grew quickly. As Crossroads Bank grew, a second facility was built in 1987 on Keller Drive, making banking convenient for all of the bank’s customers.
Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of September 30, 2021, the Company had total assets of approximately $7.09 billion, and its Wealth Management Group had assets under administration of approximately $4.06 billion.
In December of 1914, W.R. Simpson, Byron Colburn, and S. E. Naffziger founded Goodfield State Bank in Mr. Naffziger’s country store. Patrons conducted banking business in one corner of the store until a building was completed in 1915.
Goodfield State Bank was officially incorporated in the State of Illinois in December of 1920
1701 Shallcross Avenue, Suite B, Wilmington, DE, 19806
The Wilmington Police & Fire Federal Credit Union is member-owned and directed organization dedicated to providing financial services to its members. We aspire to be your primary financial institution, providing an array of lifetime financial services to you & your family. We will provide efficient and accurate services in a cost justified manner.
24A Trolley Square, Unit 4048, Wilmington, DE, 19806
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