USDA and FHA Loans Compared for New-Albany, Franklin County, OH
For the year 2026, 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.
2026 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.
KEMBA Financial Credit Union was founded in 1933 as the credit union for the employees of The Kroger Company, and stands for Kroger Employee Mutual Benefits Association. The original branch was inside the Kroger Bakery downtown, and in 1971 was relocated to East Broad Street in Whitehall.
Pathways Financial Credit Union is a not-for-profit financial cooperative owned by our members. While our many financial products and services are similar to what you find at banks and other for-profit institutions, there are fundamental differences at our branches of Pathways Financial Credit Union.
1001 Eastwind Dr, Suite 111, Westerville, OH, 43081
Lends in Ohio
LFG Lending is a Columbus-area brokerage for business purpose real estate investor loans, based in Westerville, Ohio. We place DSCR, hard money and fix and flip, bridge, ground-up construction, commercial and short term rental loans through a panel of more than 50 wholesale lenders, for investors in Ohio and more than 40 states. Send us the deal and your closing date, and we will tell you plainly what is realistic and which option fits.
385 County Line Rd W, Suite 200, Westerville, OH, 43082
Lends in Ohio
Since opening its doors in 1996, First Ohio Home Finance, Inc. has established a solid reputation in the banking industry. As a local company, we’re committed to serving the needs of our local customers. That service has earned us an A+ rating with the Better Business Bureau, in addition to other industry awards.
HMS is a full service mortgage company operating in Ohio and Florida. At HMS, our approach with every customer is to provide white glove service. Our customers are given the highest level of care, consideration, and attention to detail; while receiving the best interest rate and best loan approval for each particular situation.
We provide personal, hands-on service from start to finish. With a variety of mortgage products, our experienced and knowledgeable team is able to offer the perfect solution for you. We are dedicated to making the lives of our customers better by providing a hands-on, personalized mortgage lending process.
Omniscient Real Estate Finance Corporation is a true mortgage broker devoted to serving the needs of the community. Omniscient works with a variety of lenders to ensure we find the best loan options for your situation. Our program strives to strengthen communities by empowering individuals to become effective homeowners
Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
Since 1889, United Midwest has offered a varying range of banking and financial services to several community and business groups. Over time, we've evolved and today we focus our services into four main categories: Business Lending, Consumer Lending, Residential Loans, and our Deposit Services.
