USDA and FHA Pro and Con in London, Madison County, OH

For 2025, in London located in Madison county, OH, the USDA loan limit stands at $351,400, whereas the FHA limit is set at $488,750 for a single-family residence.

Lendersa® offers a USDA loan calculator to assess current competitive rates between USDA and FHA loans. It assists in determining the necessary income levels, credit score, reserves, and documentation to qualify. Utilize our comprehensive mortgage calculator to compare USDA, FHA, Conforming, and VA programs at once, helping you to identify the most fitting option for your financial needs in Alabama.

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2025 Loan Limits and Down Payment Requirements in London, Madison, OH

Loan Type Loan Limit Down Payment
USDA $351,400 0%
FHA $488,750 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Choices in London, OH

The primary objective of Lendersa® is to easily secure the most suitable USDA or FHA loan for you. Begin your search with one of three entry points to find matching lenders and USDA loan offerings.

Lendersa USDA loan inquiry and matching results

Understanding USDA Loans in OH

The USDA mortgage, backed by the government Department of Agriculture—also known as the USDA rural development loan—is available solely in rural areas. Unlike FHA loans requiring a minimum down payment of 3.5%, USDA loans do not necessitate any down payment.

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



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