USDA and FHA Pro and Con in Portage-Lakes, Summit County, OH

For the year 2025, the USDA loan limit in Portage-Lakes, county of Summit, OH, is $285,000, whereas the FHA limit for a single-family dwelling is $356,362.

Leverage the Lendersa® USDA loan calculator to evaluate the best available USDA and FHA rates today. This tool assists you in determining the required income, credit score, reserves, and documentation for qualification. By using our sophisticated mortgage calculator, you can compare USDA, FHA, Conforming, and VA loans side by side and decide which funding program in fits your financial profile.

Explore and contrast loan offers from an array of 100 lenders

2025 Loan Limits and Down Payment Requirements in Portage-Lakes, County of Summit, OH

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

Options for USDA and FHA Loans in Portage-Lakes, OH

The mission of Lendersa® is to promptly provide you with the best possible USDA or FHA loan without any hassle. Select from one of three starting points to connect with matching lenders and USDA loan offerings.

Lendersa USDA loan request and matching results

Understanding the USDA Loan in OH

A USDA home loan, backed by the government Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is available exclusively in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA loans do not necessitate any down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



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