Explore the differences! FHA VS Conventional loan programs in Salem, Essex County, Massachusetts
In 2025, the loan limit for a Conventional loan in Salem, located in the county of Essex, MA, is $828,000. Meanwhile, for a single-family home, the FHA loan limit is $828,000.
The Lendersa® Conventional loan calculator enables you to compare current top rates for Conventional, FHA, and USDA loans. It helps you determine the necessary income, credit, reserves, and documents required to qualify. Our advanced mortgage calculator offers a side-by-side view of Conforming Conventional, USDA, FHA, and VA loans, aiding in choosing the best program suitable for your financial situation in MA.
2025 Loan Limits and Down Payment Requirements in Salem, County of Essex, MA
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$828,000
3%
USDA
$675,000
0%
FHA
$828,000
3.5%
This table applies to the following zip codes: 01970, 01971
Conventional and FHA Loan Options in Salem, MA
Lendersa® strives to deliver the best Conventional, USDA, or FHA loan options for you swiftly and without complications. Choose one of three starting options that lead to matching lenders and appropriate loan programs.
Access of Louisiana Federal Credit Union is a full service, not-for profit financial cooperative with over 5100 members and $27, 000, 000 in assets founded in 1955 by employees of the Olin Corporation as Olin Employees LC Federal Credit Union. Over the years we have expanded our field-of–membership to include many other diverse groups.
First Federal Bank of Louisiana has been your community bank since 1949. We, as First Federal Bank employees, are not only committed to giving you the best products and customer service, but to giving back to the communities where we live!
We do not allow graphic, obscene, explicit or racial comments
313 Alamo Street, Suite A, Lake Charles, LA, 70601
AFI Mortgage is deeply rooted in the communities of Southwest Louisiana. Over the past 22 years, AFI Mortgage and Ben Mabile have developed an unparalleled network of relationships with the major players in the Lake Charles real estate market, including realtors, attorneys, developers and appraisers.
The Louisiana Mortgage Associates Team is your premier mortgage team located in Lake Charles, Louisiana. Louisiana Mortgage Associates offers some of the lowest rates nationwide making the loan process simple, straightforward and fast for borrowers seeking a mortgage in the Lake Charles area.
Lakeside is committed to working for our community by offering consumers and businesses a banking experience based on long-term relationships, financial experience and our long-standing commitment to Southwest Louisiana. We combine personal service with the latest technology to deliver the most current products and services to our customers.
Since its inception, the bank's primary mission has been to serve the banking needs of Midwest City as well as Eastern Oklahoma County and Tinker Air Force Base. This continues to be the primary driving force behind the bank today. Being the oldest and most firmly established bank in the area.
833 Kelly Lakes Pass, Suite 100, Edmond, OK, 73025
Security Financial Mortgage founded in 2012 Security Financial Mortgage has a simple business philosophy. With an efficient, knowledgeable team that is willing to work hard for every client, we can keep our costs low while providing exceptional service. This enables us to pass the savings on to our customers.
Kirkpatrick Bank is a business bank serving Oklahoma and Colorado with branches in Edmond, Oklahoma City, Colorado Springs, Denver, and Westcliffe.
Kirkpatrick Bank also offers private banking, wealth services, home loans and an exclusively online product, Savings Square, which has attracted customers in all 50 states.
