FHA VS Conventional loan programs in 2025 for Salem, Essex County, Massachusetts
In 2025, Convetional loan limit in Salem, county of Essex, MA is $828,000 while FHA limit is $828,000 for a single-family home.
Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in MA is best for your particular financial situation.
2025 loan limits and downpayment requirments 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%
The comparison table applies to zip codes: 01970, 01971
Conventional and FHA loan options in Salem, MA
Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.
It's not just a job. It's a family work environment putting you first. Team Meritrust is making our world a better place for our members and communities, one exceptional service experience at a time.
With a mission of improving the lives of members and the communities we serve.
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