USDA Vs. FHA Pro and Con comparison in Groveland, Essex County, MA
As of 2025, the USDA loan cap in Groveland, within Essex, MA, reaches $675,000. At the same time, the FHA ceiling for a single-family residence is $828,000.
Use the Lendersa® USDA loan calculator to assess the best current rates between USDA and FHA options, determining the required income, credit score, reserves, and documents for eligibility. Our cutting-edge mortgage calculator offers a side-by-side comparison of USDA, FHA, Conforming, and VA programs in to guide your choice for the most fitting financial solution.
2025 Loan Limits and Down Payment Details in Groveland, Essex, MA
Loan Type
Loan Limit
Down Payment
USDA
$675,000
0%
FHA
$828,000
3.5%
Conventional Conforming
$828,000
3%
Exploring USDA and FHA Loan Options in Groveland, MA
Lendersa® is committed to swiftly securing the most advantageous USDA or FHA loan options, hassle-free. Choose from three initial approaches, connecting you to the appropriate lenders and USDA programs.
The USDA home loan, guaranteed by the Department of Agriculture, also referred to as a USDA rural development loan or mortgage, is specifically for rural areas. Unlike FHA loans which demand a down payment of at least 3.5%, a USDA mortgage necessitates no down payment.
AAI, founded in 2017, is a real estate and financial firm headquartered in Yakima, WA with a focus on secondary and tertiary markets. We specialize in assisting clients with:
commercial financing
buying, selling, or leasing residential and commercial real estate
buying or selling a business
underwriting support for financial institutions
State Highway Credit Union ("SHCU") is a state-chartered and member-owned credit union, rooted in the heart of Central Washington State, since 1938. SHCU exists to help our members fulfill their dreams, to live a high quality of life today, and to be financially set for their futures.
Floyd D. Walker a.k.a. ""WALKER"" CEO/President
Walker began his career in the mortgage business in 1985 in Honolulu, Hawaii. Through his creative thinking and hard work he quickly rose through the ranks and became vice president of Westover Pacific Mortgage Corporation, where he pioneered a number of successful marketing strategies.
Foothills Bank is based on the same sense of community, friendly and down-to-earth attitude that makes this part of America special We're proud to have fifteen locations: two in Yuma, two in Prescott, two in Kingman, two in Lake Havasu, and one in Casa Grande, Prescott Valley, Tucson, Flagstaff, Bullhead City, Cottonwood, and Phoenix.
320 SW Mount Si Boulevard, Suite 109, North Bend, WA, 98045
Sno Falls Credit Union was established in 1957 to serve employees of the historical Weyerhaeuser Mill as a reliable lender. Today, Sno Falls Credit Union still makes it a priority to uphold those initial core values: to be a trusted, full-service financial cooperative. Its headquarters are located in North Bend, Washington.
Cascade Valley Mortgage Our goal is to make your loan process as simple and worry-free as possible. We pride ourselves in offering the highest level of customer service, and appreciate the opportunity to earn your business. By putting you first, we assure you a pleasurable transaction
27605 SE Issaquah Fall City Rd, Fall City, WA, 98024
Ryan Halvorson have had the privilege of guiding his clients through the home loan process since 2002. Our team consists of a seasoned group of industry veterans who are willing and able to help you navigate the home loan process. All of his clients receive expert advice and care from my dedicated team.
3710 168th Street NE, Suite A108, Arlington, WA, 98223
Our mission statement is our reason for being. It represents the tenet by which we operate the credit union every day for our members. We excel in personal, professional & friendly service that helps us stand out among all financial institutions in the area. The purpose of the MountainCrest CU is to provide sound, quality financial services.
