USDA and FHA Pro and Con in Damascus, Wayne County, PA
For 2026, the USDA loan limit in Damascus, located in the county of Wayne, PA, is $336,500. At the same time, the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to effectively compare the most competitive current rates between USDA and FHA loans, helping you identify necessary income, credit levels, reserves, and paperwork needed for qualification. Our advanced mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA loans, making it easier to choose the best fit for your unique financial circumstances in .
2026 Loan Limits and Down Payment Details in Damascus, Wayne, PA
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Discovering USDA and FHA Loan Options in Damascus, PA
Lendersa® aims to quickly connect you with the best USDA or FHA loan options with ease. Begin by selecting one of three paths that will lead you to compatible lenders and tailored USDA loan programs.
A USDA home loan, backed by the U.S. Department of Agriculture—also known as a USDA rural development loan or USDA mortgage—is specifically available in rural locations. Unlike FHA loans, which necessitate a minimum 3.5% down payment, the USDA loan allows you to purchase property with zero down payment.
Founded in 1871 in Honesdale, PA, Wayne Bank has 26 community offices serving Northeast Pennsylvania, along with Delaware and Sullivan Counties in New York State. Wayne Bank also operates offices as Bank of the Finger Lakes and Bank of Cooperstown in Ontario, Seneca, Yates, and Otsego Counties in New York State.
At The Dime Bank, we believe in relationships. With offices in Honesdale, Hawley (downtown and the lake region), Damascus, Greentown, Dingmans Ferry, and Carbondale, we strive to be our communities’ total financial partner. We have been helping generations of customers in Northeastern Pennsylvania realize their goals and dreams by meeting their fin
Founded in 1836, The Honesdale National Bank is the oldest, locally-owned, community bank headquartered in Northeastern PA with offices in Wayne, Pike, Susquehanna, Lackawanna, & Luzerne counties. Visit www.hnbbank.bank/about/convenient-locations/ for locations & hours. HNB offers full-service personal & business banking and safe deposit boxes.
FNCB Bank was established as a National Banking Association in 1910 as The First National Bank of Dunmore. After 70 years of operating in one location at Dunmore Corners, the Bank expanded to Scranton (1980) and Dickson City (1984).
On October 27, 1987, upon approval at a special shareholder's meeting
Fidelity Bank has over 118 year history of exceeding its clients' expectations with engaging and client-focused employees who listen, understand, and recommend the products and services that best suit YOU. The team of Fidelity Bankers focuses on serving as trusted financial advisors to its clients
My City Mortgage strives to provide applicants with a smooth, transparent loan process. Learn how we combine technology with unsurpassed customer service in order to provide customers with the most efficient mortgage process possible. My City Mortgage strives to provide applicants with a smooth, transparent loan process.
203 East Drinker Street, 2nd Floor, Dunmore, PA, 18512
Lends in Pennsylvania
Our mortgage professionals give you the personal attention you deserve & treat you with the respect due a valued customer.We understand you’re making a commitment in buying a new home, refinancing a mortgage or cashing out your home equity.So we make a commitment to you.We will help you qualify, apply & be approved for the right mortgage loan for y
Lewis Commercial Services llc dba Michael Lewis Group
P.O. Box 1068, DINGMANS FERRY, PA, 18328
Lends in Pennsylvania
The Michael Lewis Group has long relationships with a great many life companies, CMBS platforms, hedge funds, pension funds, hard money lenders, private money lenders, equity investors, ultra-high-net-worth individuals, construction loan lenders including infrastructure financing, middle market advisory services via affiliated merchant banks and in
