USDA Vs. FHA your options comparison in Mogadore, Summit County, OH
For 2025, the USDA loan limit in Mogadore, county of Summit, OH, is $285,000. In contrast, the FHA limit for a single-family house is $472,030.
Utilize the Lendersa® USDA loan calculator to compare today's top USDA versus FHA rates and determine the necessary income, credit, reserves, and documents required for qualification. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side by side, assisting you in choosing the best program for your financial needs in .
Understanding 2025 Loan Limits and Down Payment Needs in Mogadore, County of Summit, OH
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Available USDA and FHA Loan Programs in Mogadore, OH
Lendersa®'s primary goal is to seamlessly connect you with the ideal USDA or FHA loan. Start with one of three pathways that guide you to compatible lenders and USDA loan programs.
A USDA home loan is a mortgage backed by the government Department of Agriculture, often referred to as the USDA rural development loan. Available only in rural areas, this loan does not require a down payment, unlike FHA loans, which require a minimum of 3.5% down.
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