Explore the differences! FHA VS Conventional loan programs in Peabody, Essex County, Massachusetts

In 2025, the Conventional loan cap for Peabody in Essex county, MA, is $828,000. At the same time, the FHA limit for a single-family home is $828,000.

Employ the Lendersa® Conventional loan calculator to gauge today's best rates between Conventional, FHA, and USDA options, evaluating necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator lets you compare Conforming Conventional loans to USDA, FHA, and VA choices side by side, aiding in deciding the most apt program for your economic needs in MA.

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2025 Loan Limits and Down Payment Requirements in Peabody, County of Essex, MA

Loan Type Loan Limit Down Payment
Conventional Conforming $828,000 3%
USDA $675,000 0%
FHA $828,000 3.5%

The comparison table relates to zip codes: 01960, 01961

Options for Conventional and FHA Loans in Peabody, MA

Lendersa® aims to quickly secure the best loan option for you, whether it be Conventional, USDA, or FHA, without complication. Choose any of three starting pathways to connect with suitable lenders and loan programs.

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