USDA Loan Vs. FHA loan pro & con Painesville, Lake County, OH

In 2025, USDA loan limit in Painesville, county of Lake, OH is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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USDA and FHA loan options in Painesville, OH

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

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What is USDA Loan in Ohio?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

(847) 516-0320 Lender's profile and map Reviews C & R Mortgage Corporation 7788 North Milwaukee Avenue, Niles, IL, 60714 C&R Mortgage Corporation Team is your premier reverse mortgage team located in Cape Coral, Florida. Also, licensed in Illinois, Indiana, Wisconsin, Michigan, Colorado, California and Tennessee. The experienced team members here are committed to quality customer service and putting the needs.
(215) 788-5270 Lender's profile and map Reviews Inspire Federal Credit Union 3 Friends Lane, Newtown, PA, 18940 Inspire Federal Credit Union is a progressive financial institution that has been serving the financial needs of Bucks County residents since 1936. We are a relationship-based, not-for-profit organization, originally chartered to serve local educators, and have evolved into a full-service financial institution serving Bucks County, Pennsylvania.
(215) 860-4580 Lender's profile and map Reviews The First National Bank and Trust Company of Newtown 40 South State St, Newtown, PA, 18940 The First National Bank & Trust Company of Newtown (The First), Bucks County’s oldest, most established bank. For more than 155 years, The First has proudly remained independent and committed to our community, reinvesting all our deposits in local businesses, local mortgages, and local people.
(215) 776-8980 Lender's profile and map Reviews Lending Capital Mortgage LLC 12 Penns Trail, Newtown, PA, 18940 Lending Capital Mortgage pioneered the idea of one-stop shopping for homebuyers. Today, the LCM family offers you easy access not only to mortgage financing, but also to settlement services, and homeowners and title insurance all under one roof: ours We have over 45 years of collective experience
(215) 205-6536 Lender's profile and map Reviews Security Mortgage Financial Services Inc 1988 Amber Drive, Newtown, PA, 18940 I'm Steve Rosen, and I'm the founder of Security Mortgage Financial Services, which has been helping Pennsylvanians buy new houses and refinance their existing homes since 2001. In an increasingly impersonal, automated world, we believe in offering our clients a personal touch which is why so many of our clients turn into friends.
(248) 819-1149 Lender's profile and map Reviews Longstreet Financial Inc 4 Bennington Place, Newtown, PA, 18940 Longstreet Financial is a full service mortgage broker offering expertise in every area of mortgage lending...from purchase to refinance to construction lending. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan-with the best rates, terms.
(859) 236-2926 Lender's profile and map Reviews Farmers National Bank of KY 304 W Main St, Danville, KY, 40422 Farmers National Bank has a long, deep-rooted history as a financial institution. Since February 10, 1879, the bank has served customers in ways that earn their trust and loyalty. As it has helped generations of customers in the Bluegrass state achieve their goals, it is known as Your Lifetime Bank.
(708) 395-5663 Lender's profile and map Reviews JP Financial Group Inc 7601 West Montrose Avenue, Suite 1, Norridge, IL, 60706 JP Financial Group provide high quality service and a great experience. Customers can expect to be served with honesty, integrity and most importantly, competence. JP Financial Group, Inc. is a seasoned and professional mortgage broker company, which specializes in residential housing as well as commercial properties.
(847) 432-7800 Lender's profile and map Reviews First Bank of Highland Park 1835 First Street, Highland Park, IL, 60035 As a privately owned Bank, our business with you is personal. We focus on building long term relationships with Clients who are making decisions that work for the current fiscal year and the next generation. Our mission is to provide our Clients with exceptional service coupled with competitive products without bureaucracy.
(708) 366-4700 Lender's profile and map Reviews Byline Bank 7751 Lake St, River Forest, IL, 60305 Byline Bank is a full-service commercial bank with nearly $6.5 billion in assets, serving small businesses, mid-market companies, and consumers. Operating over 40 branch locations throughout the Chicago and Milwaukee metro areas, Byline’s been a community partner in its neighborhoods for over 100 years