USDA Vs. FHA Pro and Con comparison in Elyria, Lorain County, OH
For 2025, the USDA loan limit in Elyria, within the county of Lorain, OH, is $336,500, whereas the FHA cap is $472,030 for single-family homes.
Utilize Lendersa® USDA loan calculator to evaluate today's USDA against FHA best rates and discern the income, credit, reserves, and necessary documents for qualification. Our advanced mortgage calculator compares USDA, FHA, Conforming, and VA programs side by side, assisting in choosing the optimal program in for your specific financial needs.
2025 loan limits and down payment requirements for Elyria, county of Lorain, OH
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA loan alternatives in Elyria, OH
The aim of Lendersa® is to help you secure the most advantageous USDA or FHA loan promptly and effortlessly. Choose from three different starting points that lead you to matching lenders and USDA loan options.
A USDA home loan is backed by the U.S. Department of Agriculture, also known as a USDA rural development loan, or mortgage, available exclusively in rural areas. Unlike the 3.5% minimum down payment required for FHA loans, the USDA mortgage demands no down payment.
5801 Osuna Rd NE, Suite 105, Albuquerque, NM, 87109
As highly experienced loan officers, we provide excellent customer service as part of our dedication to client satisfaction. Our professional staff will ask the right questions, listen to what you say with attention to detail, and devise a mortgage that fits all of your financial needs.
Waterstone Mortgage Corporation has maintained a reputation for exceptional service and competitive mortgage financing since our inception in 2000. Since then we’ve grown to one of the largest mortgage lenders in the country with over 800 employees, branch locations in 29 states, and the ability to lend in 47 states.
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On Q Financial, Inc. believes the Dream of Homeownership is INCLUSIVE and prides itself on simplifying the mortgage process. There is nothing like the joy, comfort, and security that comes from owning a home, and On Q Financial takes great pride in knowing they helped over 10,000 families achieve their dream last year.
4901 McLeod Rd NE, Suite C, Albuquerque, NM, 87109
Vision Mortgage Group is a full-service mortgage lender in Albuquerque, New Mexico offering a variety of loan programs to fit your needs and requirements. Allow us to guide you through the entire process with honesty and integrity. With over 20 years of financial services experience Mo Marwan will make your home buying
4801 Lang Ave NE, Suite 110, Albuquerque, NM, 87109
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8220 San Pedro Drive NE, Suite 200, Albuquerque, NM, 87113
Century Bank was established in the Great State of New Mexico in 1887. Century Bank is a state chartered and locally owned, full service community bank.
Century Bank is proud to support New Mexico's financial needs including: commercial loans, mortgage loans, consumer loans, deposit products, wealth management
5501 Eagle Rock Ave NE, Bldg B, Albuquerque, NM, 87113
Indigo Mortgage is committed to an ethical process throughout all aspects of any mortgage loan transaction. We strive to treat each & every borrower with respect & we never forget that there are real people making real decisions.Indigo Mortgage understands that the needs of the client always come before the need of profits.
South Texas Federal Credit Union is a full service Financial institution established in 1952 in McAllen, TX. STFCU offers checking and savings, as well as CDs and IRAs, accounts to any resident of the Hidalgo County, but with 55, 000 ATMs nationwide for the convenience of our members.
Lone Star National Bank is a full-service independent community bank with many locations across South Texas, founded on January 23, 1983.
Lone Star National Bank is a technologically advanced, full-service, independent, community bank with over 700 employees and many locations across South Texas.
