FHA VS Conventional loan programs in Somerville, Middlesex County, Massachusetts
In 2026, the limit for a Conventional loan in Somerville, found in Middlesex county, MA, is $828,000 while for a single-family home, the FHA limit is set at $828,000.
With the Lendersa® Conventional loan calculator, you can compare today's best rates for Conventional, FHA, and USDA loans while determining the income, credit, reserves, and documentation needed for qualification. Our sophisticated mortgage calculator enables you to view Conforming Conventional loans, USDA, FHA, and VA side by side, assisting you in selecting the optimal program for your particular financial needs in MA.
2026 Loan Limits and Downpayment Requirements in Somerville, County of Middlesex, 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 the following zip codes: 02144
Available Conventional and FHA Loan Options in Somerville, MA
The aim of Lendersa® is to quickly and effectively match you with the best possible loan choice, be it Conventional, USDA, or FHA, without hassle. Begin with one of three available starting points to find the right lenders and loan programs.
Middlesex Federal Savings is a full-service community bank headquartered in Davis Square Somerville, Massachusetts. It was established in 1890 as West Somerville Cooperative Bank. More than 130 years later, Middlesex Federal has grown from its modest beginnings. Established with only $840.20 in assets,
Established on May 28, 1941, Somerville Municipal Federal Credit Union was started by people who were committed to helping their fellow City of Somerville employees save for retirement in an age when pensions were non-existent. In the 1960's, membership was extended to employees of the Somerville Housing Authority
Members Plus Credit Union is a community-chartered credit union owned by over 14, 000 members with branches in Medford, Dorchester, Everett, Norwood and Plymouth. The Credit Union, like all credit unions, is a not-for-profit cooperative. It is owned, managed and operated by members. Our mission is to provide quality, innovative, competitive,
Cambridge Savings Bank is a full-service banking institution with over $5 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers & the communities we serve. One of the oldest & largest community banks in MA, CSB offers a full line of individual & business banking services.
At Leader Bank we take a modern day approach to making dreams come true, all while helping the community we love. Start your journey with us today. Leader Bank’s best-in-class staff has been at the forefront of supporting the bank’s rapid growth and customer-oriented solutions...
Founded in 2002, Leader Bank is a Massachusetts-based entrepreneurial financial institution that approaches banking differently. The core tenets of Leader Bank include client services, exemplary products, and innovation to meet the needs of its clients. Leader Bank’s best-in-class staff has been at the forefront of supporting the bank’s
Harvard University Employees Credit Union is a not-for-profit financial institution, founded in 1939 by employees and serving all Harvard affiliates and teaching hospitals, including faculty, students, alumni, post-docs, fellows, and more.
Harvard affiliates and their family are eligible to join.
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Everett Banks’ loyalty to our customers and friends is the foundation of our business. We're proud to be a part of this local heritage and have enjoyed working to help our communities grow and prosper. Our goal is to form long-lasting relationships by providing customers with better, more convenient products and services.
