FHA VS Conventional loan programs in Madison, Morris County, New Jersey
In 2025, the conventional loan limit in Madison, within the county of Morris, NJ, is $1,089,300. For a single-family home, the FHA limit stands at $1,089,300.
Utilize the Lendersa® Conventional loan calculator to explore and compare the best rates available today across Conventional, FHA, and USDA options. Assess the income, credit, reserves, and documents needed to qualify. Our advanced mortgage calculator provides a comprehensive side-by-side view of Conforming Conventional, USDA, FHA, and VA loans, aiding you in selecting the right program for your financial scenario in NJ.
Overview of 2025 Loan Limits and Downpayment Requirements in Madison, County of Morris, NJ
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$1,089,300
3%
USDA
$776,600
0%
FHA
$1,089,300
3.5%
This table applies to the specified zip codes: 7940
Exploring Conventional and FHA Loan Opportunities in Madison, NJ
The objective of Lendersa® is to quickly secure the best possible loans, whether Conventional, USDA, or FHA, with minimal hassle. Start by choosing one of three pathways that guide you to suitable lenders and loan arrangements.
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