USDA Vs. FHA your options comparison in Newark, Licking County, OH
In 2025, the USDA loan limit in Newark, located within Licking county, OH, is set at $351,400. Comparatively, the FHA limit for a single-family home is determined at $488,750.
Engage the Lendersa® USDA loan calculator to compare today's optimal rates between USDA and FHA loans. This tool helps ascertain the required income, credit values, reserves, and essential documents for qualification. By utilizing our advanced mortgage calculator, you can review USDA, FHA, Conforming, and VA loans side by side. This side-by-side comparison aids in selecting the most suitable program catering to your specific financial requirements in .
2025 Loan Limits and Downpayment Requirements in Newark, County of Licking, OH
Loan Category
Maximum Loan
Required Down Payment
USDA
$351,400
0%
FHA
$488,750
3.5%
Conventional Conforming
$726,200
3%
Varieties of USDA and FHA Loan Options in Newark, OH
The primary objective of Lendersa® is to efficiently secure the most advantageous USDA or FHA loan, provided quickly and without complication. You can opt to begin from one of three initiation points, each leading to aligned lenders and suitable USDA loan offerings.
The USDA home loan, backed by the federal Department of Agriculture and often referred to as the USDA rural development loan or USDA mortgage, is exclusively offered in rural neighborhoods. A distinguishing feature of these loans, especially when compared to FHA loans that require a down payment of at least 3.5%, is that USDA mortgages require no down payment, providing increased accessibility for homebuyers in rural areas.
Earthmover Credit Union's vision is to provide its members with quality products and exceptional service while maintaining a competitive rate of return on deposits, the security of capital strength, and competitive rates on loans. When you become a part of Earthmover Credit Union, don't worry about asking us for help You can rest assured.
Allied First Bank is Oswego's only true community bank. We're Your Hi-Tech Hometown Assist with a full range of consumer, commercial, and mortgage products and banking services. The bank is a centerpiece of the community with its creation and sponsorship of the Oswego CrossTown Challenge.
Direct Mortgage Investors, Inc has always been forward-thinking, with creative financing options for those with challenges. With partnerships with over 200 banks and Investors, we create a frictionless process to bring in the new era of mortgage loan pathway, which many of our competitors call our process unique and seamless.
Blevins Home Mortgage. We are a full service mortgage company based in Darlington, Maryland. We service all of Maryland and specialize in FHA Loans, VA Loans, USDA Loans, Conventional Loans and Renovations Loans. Whether you are buying a home or refinancing, Blevins Home Mortgage has got you covered.
Patriot NTNL Mortgage Corporation began its journey as a Mortgage Broker and Home Improvement Finance Company in June 1993 and has successfully served thousands of customers in the Maryland, Virginia, and Washington DC areas. Patriot NTNL Mortgage Corporation has always had the belief that our customer is top priority.
The Intrepid Private Capital Group is a leader in providing business funding solutions. We screen Projects for a remarkable number of private funding sources around the world, principally: offshore money management groups, very large trusts, funds, pension plans and several boutique investment groups,
Fox Valley Credit Union was founded in 1937 as an employer group or single sponsor for employees of the old Chicago, Burlington and Quincy Railroad which is now Burlington Northern-Santa Fe.
FVCU converted the single sponsor credit union to a community charter in 2008 which enabled persons who work or live in Aurora to join.
Aurora Policemen Credit Union (APCU) is a not-for-profit, member owned financial organization. We serve the People that help our communities and their families – people helping people – The credit union philosophy! Our goal is to provide the best available financial services in a personal
Citizens National Bank of Albion is one of the leading privately-held financial institutions in Southern Illinois and this area's most trusted lender. We offer personalized customer care and the newest in banking technologies. Headquartered in Albion, Illinois and operating banking centers in Olney, Bridgeport, Lawrenceville, Crossville.
140 N Barrington Rd, Suite 5, Streamwood, IL, 60107
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
