In 2026, the USDA loan limit in Danvers, found in Essex county, MA, is set at $675,000. The FHA limit for a single-family home is $828,000.
Utilize the Lendersa® USDA loan calculator to compare USDA and FHA rates available today, helping you determine necessary income, credit, reserves, and the required documentation to qualify. Our advanced calculator allows side-by-side comparisons of USDA, FHA, Conforming, and VA loans, assisting you in deciding on the best program for your particular financial situation in .
2026 Loan Limits and Down Payment Requirements in Danvers, Essex, MA
Type of Loan
Loan Cap
Minimum Down Payment
USDA
$675,000
0%
FHA
$828,000
3.5%
Conventional Conforming
$828,000
3%
USDA and FHA Loan Alternatives in Danvers, MA
Lendersa® aims to secure the best possible USDA or FHA loan for you swiftly and without any hassle. Choose from one of three starting paths that connect you to lenders offering USDA loan programs.
A USDA home loan, backed by the Department of Agriculture, commonly known as a USDA rural development loan, is available only in rural neighborhoods. In contrast to FHA loans that require at least a 3.5% down payment, a USDA mortgage requires no down payment at all.
Commonwealth Mortgage NewFED™ Mortgage Corporation is not the only way to get your home financed, but it should be. We treat each customer the way we would like to be treated. We have great support and sales staff who want to prove to you that we can get the job done each and every time you need financing.
NewFED Mortgage Corporation is not the only way to get your home financed, but it should be! Call us Old Fashioned but we treat each customer the way we would like to be treated. We have great support and sales staff who want to prove you made the right decision by choosing us for your financing needs.
niversal Capital was established in 2010 by an experienced team of mortgage banking professionals. We provide time-sensitive interim and bridge financing using non-owner occupied residential and commercial real estate as collateral. We are a direct lender utilizing our own capital as our funding source. We internally underwrite our loans allowing u
The Peabody Municipal FCU is a nonprofit organization independent of the City of Peabody. Credit Union is owned and operated by its members to encourage savings and to provide funds for member needs at competitive rates. and also Peabody Municipal Federal Credit Union is dedicated to providing competitive financial products and superior service to
Luso American Credit Union was founded in 1960 to serve the financial needs of the local community. We are a full service Credit Union and offer financial products, services, and delivery channels that you may expect from a larger financial institution, with the personalized and professional service that you crave.
Miller Mortgage is a licensed mortgage broker in Massachusetts & New Hampshire.Located Boston in Peabody, MA our mission is to provide the best customer service & secure the lowest mortgage interest rates from our lending partners.Our volume enables us to procure very low mortgage rates and flexible programs in the Massachusetts and New Hampshire.
We will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the ideal mortgage for you.
Patriot Mortgage Company is a family owned company that was established in 1992 to service the states of Massachusetts and New Hampshire. We believe potential home buyers and homeowners were in search of a broker who was willing to provide mortgage products and services suited for their specific individual needs.
At Salem Five, we understand the importance of helping our communities. Through the Salem Five Charitable Foundation, we are committed and continue to support a variety of community organizations ensuring vibrant and viable futures for the people whom these critical organizations serve.Salem Five is owned & operated for the benefit of its customers
