USDA Vs. FHA your options comparison in North-Madison, Lake County, OH
For 2025, the USDA loan threshold in North-Madison, in Lake county, OH, stands at $285,000, whereas the FHA limit for a standalone family residence is $356,362.
Take advantage of the Lendersa® USDA loan calculator to weigh current USDA against FHA prime rates. Identify the income, creditworthiness, reserves, and documentation needed for eligibility. Our smart mortgage calculator showcases USDA, FHA, Conforming, and VA loans together, aiding your choice for what suits your financial needs best in areas like .
2025 Loan Limits and Down Payments in North-Madison, Lake County, OH
Loan Category
Amount Limit
Down Payment Percentage
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional
$548,250
3%
Knowing USDA and FHA Loan Solutions in North-Madison, OH
The aim of Lendersa® is to provide you with the optimal USDA or FHA lending option quickly and smoothly. Choose one of our three tailored paths to connect with lenders and USDA loan solutions.
A USDA home loan is a government-guaranteed mortgage offered by the U.S. Department of Agriculture, known as a USDA rural development loan. These loans are targeted at rural regions and, unlike FHA loans, which need a minimum 3.5% down payment, USDA loans require no down payment at all.
Brandywine Lending, Inc, a full-service mortgage broker specializing in residential and refinance loans. A mortgage broker means we shop from our extensive list of lenders for the best product and pricing for your specific situation. What it does NOT mean… extra cost! Brandywine Lending offers a wide range of mortgage
Peoples Exchange Bank is proud to be your community bank. We strive to be first in what matters to our customers. Helping you pay less, earn more, protect smarter and borrow wisely. Since 1912, we've built a trusted name by helping our customers, our employees and our communities.
Filer Credit Union first opened its doors in 1951 in an office at the American Box Board Company (currently PCA). The credit union has long since moved out of the plant, but we will never forget our roots or the men and women who first introduced the credit union movement to our area. Interestingly enough
The mission of United Citizens Bank is to be a locally owned community bank serving our customers by offering and delivering quality financial services at competitive rates. We are committed to active community involvement. We will strive to maintain financial soundness and stability while providing shareholders a reasonable return on their investm
Members Heritage opened its doors in April 1960 as IBM (Lexington) Employees Federal Credit Union. In the early 1990’s, the credit union began to grow and diversify, offering service to employees at additional companies. In 1993, our name was changed to Members Heritage Federal Credit Union, representing the concept of member ownership.
Since 1901, Home National Bank has been part of the community. Through the years, we have sought to meet the financial needs of customers. Home National Bank has a total of 175 shareholders and is widely held. The largest shareholder maintains 6% of the shares outstanding. We are truly a community bank with our ownership widely.
Cecil County School Employees' Federal Credit Union
203 Booth Street, Elkton, MD, 21921
In 1953, many Cecil County school teachers were struggling financially. This was especially true for new hires, since they did not receive their first checks until after a month of teaching. Cecil County School Employees’ Federal Credit Union was formed as a way for them to borrow money for rent and other necessities.
Thiokol-Elkton Federal Credit Union is a not-for-profit financial alternative to banks. Unlike other financial institutions, a credit union is owned & run by its members, who pool their savings in order to provide low cost loans & other services. If you work for one of our sponsor groups or have a family member who does, we invite you to join us.
Benchmark is the only Federal Credit Union serving Chester County exclusively! Since 1940, Benchmark Federal Credit Union has provided its members with complete financial services including free checking accounts, vacation and holiday club accounts, loans, certificates of deposit, money market accounts.
