In 2025, the USDA loan ceiling for Mentor in the county of Lake, located in OH, is set at $336,500, whereas the FHA limit for single-family residences rests at $472,030.
Utilize the Lendersa® USDA loan calculator to evaluate and juxtapose today's optimal rates between USDA and FHA loans. It allows you to ascertain the necessary income, credit levels, reserves, and required documentation to qualify. Experience our state-of-the-art mortgage calculator, which lets you view USDA, FHA, Conforming, and VA options side by side. This comparison aids in choosing the ideal program in
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| Loan Type | Loan Limit | Down Payment (%) | |
| USDA | $336,500 | 0% | |
| FHA | $472,030 | 3.5% | |
| Conventional Conforming | $726,200 | 3% |
The aspiration of Lendersa® is to seamlessly secure for you the utmost advantageous USDA or FHA loans. This service is designed to eliminate stress and ensure swift processing. Begin by selecting one of three possible starting points that align you with matching lenders and relevant USDA loan programs.
A USDA home loan is supported and guaranteed by the Department of Agriculture, commonly referred to as a USDA rural development loan or USDA mortgage. It is exclusively available in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, a USDA mortgage does not necessitate any down payment. This uniquely positions it as an attractive financial product for eligible borrowers seeking to benefit from government-backed financial solutions tailored specifically for rural neighborhood development.
Enter your location to find out if it qualifies for USDA rural housing loan?
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