USDA VS FHA 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.

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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.

Outcomes for Lendersa's USDA loan requests and matches

What is a USDA Loan in OH?

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.

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



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