USDA Vs. FHA Pro and Con comparison in Sheffield, Lorain County, OH

As of 2025, the USDA loan cap in Sheffield, within Lorain county, OH, is $336,500. In contrast, the FHA limit for a single-family home is $472,030.

Leverage the Lendersa® USDA loan calculator to compare today's leading USDA rates against FHA rates. Determine the necessary income, credit, reserves, and documentation for qualification. Our advanced mortgage calculator contrasts USDA, FHA, Conforming, and VA loans side by side, assisting you in deciding which program fits your particular financial circumstances in .

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2025 Loan Limits and Down Payment Requirements in Sheffield, Lorain, OH

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Options in Sheffield, OH

Lendersa® aims to swiftly secure the best USDA or FHA loan for you, without complications. Start from one of three options that lead you to compatible lenders and UDSA loan programs.

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Understanding the USDA Loan in OH

The USDA home loan is a mortgage guaranteed by the government Department of Agriculture, known as the USDA rural development loan. Available only in rural neighborhoods, it requires no down payment, unlike FHA loans, which mandate a minimum of 3.5% down payment.

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



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  • Coastal Credit Union has been serving its members since 1967. Being a not-for-profit financial institution, we are committed to providing outstanding customer service with 7AM to 7PM teller hours, products at competitive rates, and best in class mobile banking. Today, with assets totaling $3.4 billion, Coastal serves more than 270, 000 members.
  • Positive Rate Mortgage LLC
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  • Go Home Mortgage Inc
  • 1513 Castle Hill Avenue, Bronx, NY, 10462
  • Go Home Mortgage Inc, is a registered Mortgage Broker with the NYS Dept of Financial Services. All loans are arranged thru third party lenders. Our services cover the entire New York State. Go Home Mortgage Inc operates from one prime location in the Bronx since February 2006. We are a full service mortgage brokerage company.
  • First Citizens Bank
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  • First Citizens began as the Bank of Smithfield in Johnston County, N.C. From a single office, First Citizens has grown to more than 550 branches in 19 states. First Citizens today is a full-service banking institution with more than 6, 500 employees. Our parent company, First Citizens BancShares, Inc.
  • Integrated Funding
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  • At Residential Mortgage Advisors, LLC. We are privileged to be a leader in providing home loans for borrowers in the triangle area and throughout North Carolina. Combining cutting edge technology, experienced loan officers and business partners, and the "best interest rates" in the market. We hope to be your lender of choice.
  • First Baptist Church Federal Credit Union
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  • KLB Business Funding is composed of a group of highly experienced and seasoned, certified, financial professionals. With our knowledge and expertise, we can usually find a solution for all your financing needs. Unlike a bank, or local lending institution, which only lend to the most credit-worthy businesses, KLB Business Funding,
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