Explore the differences! FHA VS Conventional loan programs in Salem, Marion County, Oregon

In the year 2026, the loan limit for Conventional loans in Salem, situated in Marion county, OR, is $726,200. On the other hand, the FHA limit for a single-family home is $483,000.

Take advantage of the Lendersa® Conventional loan calculator to explore and compare today's best rates for Conventional, FHA, and USDA loans. Assess the income, credit, reserves, and documents needed to qualify. With our comprehensive mortgage calculator, view Conforming Conventional loans, USDA, FHA, and VA options side by side, assisting you in selecting the best program in OR tailored to your financial situation.

Compare offers from 100 different lenders

Loan Limits and Down Payment Requirements in Salem, Marion County, OR for 2026

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $483,000 3.5%

This table is relevant for zip codes: 97302

Discover Conventional and FHA Loan Options in Salem, OR

Lendersa® strives to quickly deliver the most advantageous Conventional, USDA, or FHA loan with no hassle. Begin with one of three starting options to connect with matching lenders and loan programs.

Lendersa USDA loan request and outcomes


  • The Chasewood Bank
  • 20333 State Hwy 249, Suite 100, Houston, TX, 77070
  • Chasewood Bank has been recognized as one of the safest U.S. banks according to MSN and given a 5 star rating by Bauer Financial, Inc, indicating we are also one of the strongest banks in the U.S. While we are proud of such recognition, our number one goal is to stay true to the title of community bank.

  • Vogler Mortgage LLC
  • 118 Vintage Park Boulevard, Suite W700, Houston, TX, 77070
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.

  • Sequoia Mortgage LLC
  • 118 Vintage Park Boulevard, Suite WV162, Houston, TX, 77070
  • We founded Sequoia Mortgage with the core belief that we can provide a better and more personalized experience to every customer we are privileged to serve.
    Providing that intangible something that takes average to amazing is what drives us. These aren't just words to us, they are the force behind everything we do to help our customers.

  • Vintage HomeLoan, LLC
  • 10924 Grant Rd PMB, Suite 119, Houston, TX, 77070
  • Vintage home loan LLC mission is to deliver the traditional values of extreme competence and excellent customer service through the entire loan experience and also offer the same traditional mortgage lending options as our competition, but we have leapt into the future of mortgage lending by offering non traditional mortgages as well.

  • Next Step Home Loans, LLC
  • 12841 Jones Rd. #245, Houston, TX, 77070
  • Next Step Home Loans, LLC is a mortgage broker headquartered in Houston but we can offer our programs and mortgage services throughout the entire State of Texas. We are a preferred mortgage broker for some of the top mortgage wholesale lenders in the country and we use that preferred status to offer our clients.

  • Traverse Catholic Federal Credit Union
  • 3797 Veterans Drive, Traverse City, MI, 49684
  • Traverse Catholic Federal Credit Union begins in 1950, when a group of employees at Parts Manufacturing Company in Traverse City, received a federal charter to form a credit union for their company. One employee, Lawrence Weber, and his wife, Ann, willingly took on the large responsibility of running the credit union out of their own home.

  • Community State Bank
  • 224 W Main St, Brook, IN, 47922
  • We are a community owned and operated bank that has served Brook and the surrounding communities for over 85 years. Visit our page often for community news and discussion as well as important bank announcements.Facebook page. We are a community owned and operated bank that has served Brook and the surrounding communities for over 85 years.

  • Energy Capital Credit Union
  • 18540 Northwest Freeway, Houston, TX, 77065
  • Energy Capital Credit Union is a state chartered, federally insured, full service financial institution. ECCU received its charter in 1934 under the name Humble Employees Federal Credit Union. The primary field of membership is ExxonMobil employees and annuitants and their families around the world.

  • Cy-Fair Federal Credit Union
  • 9601 Jones Road, Suite 100, Houston, TX, 77065
  • Cy-Fair Federal Credit Union is a member-owned, not-for-profit financial cooperative with membership and banking services open to anyone who lives, works, worships or attends school in Harris County. Originally opened as a way to assist with the growing financial needs of the faculty and staff at Cy-Fair ISD,

  • Member Home Loan
  • 9601 Jones Road, Suite 108, Houston, TX, 77065
  • Member Home Loan (MHL NMLS#105693) has built a strong reputation as an outstanding mortgage lending firm, serving the lending needs of real estate professionals, builders, and individual homebuyers. MHL is a credit union-owned, full-service company with an experienced staff offering expertise in every area of mortgage lending,

  • Sweetwater Mortgage Company
  • 12010 Miramar Shores Dr, Houston, TX, 77065
  • Sweetwater Mortgage Company’s Mission is to become the “best” mortgage company in the industry. By “best”, we do not mean the biggest. Instead our mission is to become the “most excellent” mortgage company in our industry. We want to be the “best of the best” within our industry similar to the “Navy Seals” or the “Green Berets.

  • Arkansas Superior Federal Credit Union
  • 313 South Martin St, Warren, AR, 71671
  • Arkansas Superior Federal Credit Union has been serving its members since 1957. During that time, we have prided ourselves in offering personal, friendly, and efficient service. Our Credit Union is a non-profit organization, owned and operated by its members, people just like you.Credit Union has been serving its members since 1957.