USDA Vs. FHA Pro and Con comparison in Andover, Essex County, MA
As of 2026, the USDA loan limits in Andover, located in Essex county, MA, are registered at $675,000, while the FHA caps stand at $828,000 for single-family homes.
Utilize the Lendersa® USDA loan calculator to assess and contrast the optimal USDA versus FHA rates available today. Identify the income requirements, credit levels, reserve amounts, and necessary documentation for qualification. Our enhanced mortgage calculator offers a side-by-side display of USDA, FHA, Conforming, and VA loans, guiding you to select the right program in for your specific financial circumstances.
2026 Loan Caps and Down Payment Obligations in Andover, Essex, MA
Type of Loan
Maximum Loan Amount
Down Payment Percentage
USDA
$675,000
0%
FHA
$828,000
3.5%
Conventional Conforming
$828,000
3%
Exploring USDA and FHA Loan Possibilities in Andover, MA
Here at Lendersa®, our mission is to provide you with the most advantageous USDA or FHA loan quickly and without any trouble. Choose from three starting points to connect with matching lenders and USDA loan options.
A USDA home loan is backed by the U.S. Department of Agriculture, commonly known as the USDA rural development loan or USDA mortgage, and is solely accessible for rural neighborhood properties. Unlike FHA loans, which mandate a minimum of 3.5% down payment, the USDA mortgage requires no down payment whatsoever.
3553 Castro Valley Blvd, Suite H, Castro Valley, CA, 94546
"BayCal Capital is a client-focused and trustworthy company, providing ethical and sound advice in real estate & lending.
Our team of professional Realtors and Mortgage Originators, come with an extensive amount of experience in the Real Estate industry, and are available at any time."
Community Bank of Santa Maria was organized by Jim Glines and Bill Hares; two career bankers who started their professional relationship and long term friendship at Bank of Santa Maria. When Bank of Santa Maria was acquired by a larger regional bank, it didn't take long for Jim and Bill to realize the needs of their community were not being met.
3210 Santa Maria Way, Suite 170, Santa Maria, CA, 93455
Alonso Curiel As an agent who's an expert in this local area, He bring a wealth of knowledge & expertise about buying & selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information. Alonso eager is to serve you. Here are some of the things he can do for you: Find Your Next Home, Sell a Home.
J7 came to the Central Coast with Ryan Jensen in 2020. Ryan was brought up by the founder of Utah Mortgage Loan Corporation - the oldest non-bank mortgage lender in the state of Utah - to expand the offering the full array of mortgage products available in the California's Central Coast marketplace today.
Bardi & Associates Real Estate is not an ordinary Brokerage. It is a Real Estate Boutique Certified in Luxury Home Sales, as well as residential, investment, commercial and business opportunities. Jolyn and Blake have created a brand that is top notch in professionalism. Bardi & Associates Real Estate handles each client.
Pinnacle Lending and its staff of experienced and professional loan officers want you to know that we are committed to the highest levels of integrity and service to our clients, realtors and associates. It is our goal to provide our clients with the opportunity to secure the best loan at the best price for their particular needs.
Fremont Bank is one of the oldest locally owned banks in the San Francisco Bay Area. It was founded in 1964 and is based in Fremont, California. We know that community banking makes a difference to our customers, our business partners, and our employees. We believe that each success in our community improves the quality of life for us all
American United Mortgage Corp has built a strong reputation as an outstanding mortgage brokerage firm serving the lending needs of real estate professionals, builders and individual home buyers and home owners in California. Our mission is to provide you with the best mortgage. That is why unlike our competition, we put our clients needs first.
39300 Civic Center Drive, Suite 100, Fremont, CA, 94538
DIVERSIFIED MORTGAGE The best way to find out what mortgage is best for your home purchase is to get preapproved with a Diversified Mortgage Group loan officer. Mortgage pre approval will give you a realistic idea of your down payment and budget and give you more negotiating power when you make an offer.
Salimi Investments, we personalize services based on your needs. Whether you are a first-time home buyer beginning your journey of homeownership, a first-time home seller, or a savvy investor who would like to sell your investment property and diversify your return into multiple real estate channels using we can draw a map towards your success
CalNest Financial & Realty was established in 2009. It is a full-service home purchase agency that integrates housing sales and loans. The company is located in Fremont, Fremont, California, San Francisco Bay Area. It is located in the Silicon Valley region. It has unique geographical advantages and insights into technology, finance,
