USDA Vs. FHA your options comparison in New-Franklin, Summit County, OH
In 2025, the USDA loan limit in New-Franklin, a county within Summit, OH, amounts to $285,000. On the other hand, the FHA cap for a single-family house is $356,362.
Utilize the Lendersa® USDA loan calculator to compare today’s best USDA and FHA rates, and understand the income, credit, reserves, and documents necessary to qualify. With our advanced mortgage tools, you can view USDA, FHA, Conforming, and VA programs side by side to help determine which option in Alabama best suits your financial situation.
2025 Loan Caps and Down Payment Criteria in New-Franklin, Summit, OH
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Choices in New-Franklin, OH
The goal of Lendersa® is to swiftly provide the perfect USDA or FHA loan without trouble. Start with one of three methods to connect with matching lenders and USDA loan programs.
A USDA home loan, endorsed by the Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage. It is exclusively for rural areas. Contrary to FHA loans, which require a minimum 3.5% down payment, USDA loans require no down payment.
Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
4713 Crossroads Park Dr, Suite 101, Liverpool, NY, 13088
We help individuals and corporate borrowers secure the necessary capital, whether they need a refi, a stated income loan, fix-and-flip financing, or improvement financing. While some properties are harder to finance than others, most anything can be financed with some expert help. We can finance.
225 Greenfield Parkway, Suite, Suite 207, Liverpool, NY, 13088
Paragon Home Loans, Inc. is a licensed mortgage banker by the New York State Department of Financial Services. Founded in 1976, Paragon Home Loans focuses exclusively on the residential mortgage needs of its customers. We have eight convenient locations in Syracuse, Buffalo, Plattsburgh, Binghamton, Utica, Lake Placid, Cortland and Corning.
Hometown Bank. Here, it’s always been about making you happy. We figure if everyone who walks through our door is greeted with a warm welcome and receives really helpful service, they’ll be back for more. With so many banks these days, we thought service seemed to be getting pushed out.
Martinsville First Savings Bank came to life in 1924 when local businessmen saw a need for mortgage lending to help the growing city of Martinsville prosper. We have thrived through decades of change and have been a source for mortgages and banking in the community since day one – supporting local organizations and initiatives along the way.
Mutual of New York Life Insurance Company (MONY) employees founded Money Federal Credit Union in 1976. Credit unions were built on the philosophy of “people helping people.” Money FCU takes that mission statement to the core of how we run our business. It’s about people, community, and sharing resources
300 South State St, Suite 1000, Syracuse, NY, 13202
At MHD Empire Service Corp. We are a sister company of Haylor, Freyer & Coon, one of the largest independent insurance agencies in the Northeast.
Founded in 1983, MHD Empire Service Corp. was established to assist retailers, community owners and individuals in securing quality financing and insurance for
The Central New York Mortgage Bankers Association is gearing up for our upcoming year. Whether you are a mortgage banker, mortgage broker, appraiser, attorney, credit professional, homebuilder, home inspector, insurance agent, realtor or title insurer, a CNY MBA membership offers you a forum for business and social exchange.