USDA Vs. FHA your options comparison in Danvers, Essex County, MA

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 .

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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.

Lendersa USDA loan request and matching results

Understanding USDA Loans in MA

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.

Enter your location to find out if it qualifies for USDA rural housing loan?



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