USDA Vs. FHA Pro and Con comparison in New-Albany, Franklin County, OH
For the year 2025, the USDA loan ceiling for New-Albany in Franklin County, OH, stands at $318,300. Comparatively, the FHA limit for a single-family home is $397,900.
Use the Lendersa® USDA loan calculator to compare top rates between USDA and FHA today, highlighting the income, credit, reserves, and documents necessary for qualification. Our mortgage calculator juxtaposes USDA, FHA, Conforming, and VA options, guiding you in selecting the right program in for your financial scenario.
2025 Loan Limits and Down Payment Requirements in New-Albany, Franklin County, OH
Loan Type
Loan Limit
Down Payment
USDA
$318,300
0%
FHA
$397,900
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in New-Albany, OH
Lendersa®'s goal is to swiftly secure for you the optimal USDA or FHA loan without hassle. Select one of three methods to match with lenders and access USDA loan offerings.
A USDA home loan, supported by the Department of Agriculture, also referred to as the USDA rural development loan or USDA mortgage, is accessible solely in rural communities. In contrast to FHA loans requiring a minimum down payment of 3.5%, the USDA mortgage demands no down payment at all.
Peoples Security Bank & Trust Company is headquartered in Scranton, Pennsylvania, and is one of the largest community banks in Eastern Pennsylvania, with a footprint stretching from Binghamton, New York down through the Endless Mountains into the Greater Scranton Area, the Poconos, Lehigh Valley, Greater Delaware Valley, Greater Pittsburgh Region i
Scranton Times Downtown Federal Credit Union traces its roots back to 1963 when our country was experiencing economic and social uncertainty. Our original field of membership began with the Scranton Times employees, as well as the employees of WEJL radio station and the Scranton Engraving Company.
Penn East was chartered on May 3, 1938 as “Scranton, Pennsylvania Teachers FCU” and was awarded charter number 2742. On June 28, 1974 the name was changed to “Scranton and NE Educational Federal Credit Union”. The final name change occurred on December 21, 1994 when the credit union changed its name to “Penn East Federal Credit Union”.
NET Credit Union We can service all of your personal finance needs - from everyday checking (with no fees) to saving for long-term. Check out our low-interest rates on all types of loans.and also NET Credit Union is non-profit bank located in Northeastern, Pennsylvania. All employees are trained credit score specialist.
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A financially strong bank headquartered in Phoenixville, Pennsylvania with multiple branches in Chester and Montgomery Counties, Phoenixville Federal Bank & Trust provides a diverse portfolio of personal and business checking, savings and lending products and services, including wealth management and trust services. Phoenixville Federal Bank & Trus
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375 Morgan Street, Suite U, Phoenixville, PA, 19460
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
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KB Mortgage LLC operates under the key principles of the Triple Bottom Line recognizing that people and the planet are as important as profits.This sustainable business model enables us to consistently offer the lowest possible mortgage rates. This sustainable business model enables us to consistently offer the lowest possible mortgage rates.
