USDA and FHA Pro and Con in Portage-Lakes, Summit County, OH
For the year 2026, 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.
2026 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.
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.
Firestone Federal Credit Union is an income sharing financial cooperative, dedicated to best serving the financial needs of its members. This primarily includes offering competitive rates on savings and low cost loans for provident purposes. The safety and stability of its members' assets shall be the prime consideration
Goodyear Employees Credit Union has been open since 1961. The credit union has assets totaling $5.63 Million and provides banking services to more than 900 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
GenFed Financial Credit Union is a not-for-profit financial institution that serves areas of Ohio, Illinois, and Indiana. We are owned by our account holders (also called members) and we exist for their benefit. Credit unions don’t have stockholders like banks and are able to return any profits to the members in the form of better rates, lower fees
Schmidt Mortgage Company was originally established in 1940 as “Frank A. Schmidt & Son’s” in Cleveland, Ohio, originating and servicing residential and commercial real estate loans. It was incorporated in January, 1959. It is one of the first 100 lenders in the country to become approved as a seller / servicer of Fannie Mae.
NEW HORIZON FEDERAL CREDIT UNION is a credit union located at 180 2nd St SW, Barberton, Ohio, United States. New Horizon FCU started as a credit union to help support the employees from Babcock and Wilcox. In 2013 New Horizon received it's community charter and now they can serve all of Summit County.
Integrity Federal Credit Union has been open since 1935. The credit union has assets totaling $60.15 Million and provides banking services to more than 6, 000 members.
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
In 1951, Summit Federal Credit Union ( then known as Summit School Employees Federal Credit Union), like all credit unions, was organized because a handful of people believed in an idea and were willing to work, to serve, to create and to bring to reality a cooperative financial institution. We organized for mutual protection
Our credit union was founded in Akron, Ohio in 1933 to give financial support to postal workers. The credit union operated out of the Akron Post Office until 1968. By 1975, our membership grew to include many more members of the community, so we changed our name to Buckeye State Credit Union.
BFG Federal Credit Union has been open since 1935. The credit union has assets totaling $171.85 Million and provides banking services to more than 23, 000 members
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
