USDA VS FHA 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.

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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.

Lendersa USDA loan request and matching results

Explaining USDA Loans in OH

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.

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



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  • First Federal Savings Bank IN
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  • Our Mission at First Federal is to provide escalating shareholder value through ever-increasing profitability & quality growth by building loyal, profitable customer relationships with individuals and businesses in the tri-state area. These relationships will be built by effectively marketing our financial products and services and delivering them.
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  • Peoples Trust & Savings Bank
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  • Evansville, like the rest of the country, was beginning to recover from the depths of the Depression in the mid-1930s when several teachers decided to pool their savings to generate much-needed loans for their fellow workers and themselves in 1936. The first employee groups to be served by Evansville Teachers Federal Credit Union
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  • Acceptance Home Mortgage, LLC
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  • Acceptance Home Mortgage, LLC, has built an excellent reputation serving the lending needs of individual home buyers, builders and real estate professionals throughout Indiana and Kentucky.We have over 150 years combined experience lending on the American dream, as well as being licensed in multiple states.
  • Colonial Mortgage Service Company of America
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  • Special Metals Federal Credit Union, located at 4340 Middle Settlement Rd, New Hartford, N.Y, is proud to be in its 51st year of serving its membership! Chartered in 1961, our asset size has grown to $13 million over the years. We serve almost 1200 members, including employees of Special Metals, retirees, and family members of employees.
  • GPO Federal Credit Union
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  • GPO Federal Credit Union is proud to be one of the area’s largest credit unions, serving more than 30, 000 members from Oneida, Herkimer, Madison Counties and beyond. As a credit union, we are a not-for-profit, member-owned financial cooperative. At GPO, our mission statement is simple, ‘Our Focus is You’. We aim to serve our members.