USDA Vs. FHA Pro and Con comparison in Lakemore, Summit County, OH
In 2025, the USDA loan limit in Lakemore, situated in Summit, OH, is $285,000. The FHA limit for a single-family home is $472,030.
Leverage the Lendersa® USDA loan calculator to compare today's USDA versus FHA best rates, pinpointing the income, credit, reserves, and documents required for eligibility. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA loans side by side, assisting you in deciding which program in fits best with your financial situation.
2025 Loan Limits and Downpayment Requirements in Lakemore, Summit, OH
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$472,030
3.5%
Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Lakemore, OH
The mission of Lendersa® is to efficiently secure the best USDA or FHA loan for you without hassle. Begin by selecting one of three pathways that connect with matching lenders and USDA loan programs.
A USDA home loan is backed by the Department of Agriculture, often referred to as a USDA rural development loan or mortgage, specifically for rural areas. Unlike FHA loans needing at least a 3.5% down payment, USDA loans require none.
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11811 North Tatum Boulevard, Suite 3031-11, Phoenix, AZ, 85028
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11120 NTatum Boulevard, Suite 100, Phoenix, AZ, 85028
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3420 East Shea Boulevard, Suite 200, Phoenix, AZ, 85028
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2980 E Northern Ave, Building C, Phoenix, AZ, 85028
summit Lending Solution is to become a nationwide lender serving all 50 states within the next ten years. We hope that you will put our experience and expertise to the test! Please visit our website, check our reviews, visit us on social media or give us a call when you are ready to buy a home or refinance
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