In 2026, 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.
2026 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.
GenFed Financial Credit Union is a not-for-profit financial institution that serves areas of Ohio, Illinois, and Indiana. We are owned by our account holders (also called members) and we exist for their benefit. Credit unions don’t have stockholders like banks and are able to return any profits to the members in the form of better rates, lower fees
Schmidt Mortgage Company was originally established in 1940 as “Frank A. Schmidt & Son’s” in Cleveland, Ohio, originating and servicing residential and commercial real estate loans. It was incorporated in January, 1959. It is one of the first 100 lenders in the country to become approved as a seller / servicer of Fannie Mae.
Goodyear Employees Credit Union has been open since 1961. The credit union has assets totaling $5.63 Million and provides banking services to more than 900 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
In 1951, Summit Federal Credit Union ( then known as Summit School Employees Federal Credit Union), like all credit unions, was organized because a handful of people believed in an idea and were willing to work, to serve, to create and to bring to reality a cooperative financial institution. We organized for mutual protection
Our credit union was founded in Akron, Ohio in 1933 to give financial support to postal workers. The credit union operated out of the Akron Post Office until 1968. By 1975, our membership grew to include many more members of the community, so we changed our name to Buckeye State Credit Union.
BFG Federal Credit Union has been open since 1935. The credit union has assets totaling $171.85 Million and provides banking services to more than 23, 000 members
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
Firestone Federal Credit Union is an income sharing financial cooperative, dedicated to best serving the financial needs of its members. This primarily includes offering competitive rates on savings and low cost loans for provident purposes. The safety and stability of its members' assets shall be the prime consideration
Akron Fire Department Credit Union more than 80 years ago. Our name later became Akron Firefighters Credit Union & membership expanded to firefighters & their families throughout Northeast Ohio. In 2016, we merged the Akron Police Department Credit Union into our membership. Membership is now open to include all First Responders in the state
FirstEnergy Family Credit Union (FEFCU) has been open since 1936. The credit union has assets totaling $47.01 Million and provides banking services to more than 4, 000 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans,
