USDA Vs. FHA your options comparison in Lawrence, Essex County, MA
During 2025, the USDA loan cap in Lawrence, within Essex county, MA, is $675,000, whereas the FHA cap for a single-family home is $828,000.
Leverage the Lendersa® USDA loan calculator to explore current USDA versus FHA rates, and identify necessary income, credit score, reserves, and documents for eligibility. Our sophisticated mortgage calculator allows you to compare USDA, FHA, Conforming, and VA loans side by side, assisting you in selecting the ideal program in for your unique financial circumstances.
Loan Limits and Down Payment Requirements for 2025 in Lawrence, Essex County, MA
Loan Type
Limit
Down Payment
USDA
$675,000
0%
FHA
$828,000
3.5%
Conventional Conforming
$828,000
3%
USDA and FHA Loan Options in Lawrence, MA
Lendersa® strives to secure the best USDA or FHA loan for you quickly and effortlessly. Opt for one of three available starting points that align with suitable lenders and USDA loan schemes.
The USDA home loan, endorsed by the Department of Agriculture, also referred to as a USDA rural development loan or USDA mortgage, is meant solely for rural areas. Unlike FHA loans, which necessitate at least a 3.5% down payment, USDA loans do not require any down payment.
Cedar Home Loans can save time and reduce costs by providing customized mortgage solutions to assist clients in accomplishing their financial goals. We believe refinancing or buying a home should be easy. Our Summit County lending advisors will help you put your finances in order to attain the Colorado home of your dreams.
Brownfield Federal Credit Union is a member-owned and controlled financial services organization. Our mission is to meet members’ financial needs through quality service at the best value while maintaining financial stability. Building lifelong relationships one member at a time. Brownfield Federal Credit Union Chartered in 1960.
Incorporated on January 7, 1916, with capital stock of $25,000, The Citizens Bank of Clovis has become the largest independent financial institution in East-Central New Mexico now with assets in excess of $449,000,000. With capital in excess of $46,000,000, it is one of the best capitalized banks in New Mexico.
The Bank of Clovis is a state chartered bank with deposits insured by the FDIC. The Bank was founded October 16, 2000. Our shareholders are employees, farmers, ranchers, small business owners, construction workers, teachers, doctors, lawyers, nurses, policemen, and firemen -- all from Curry County and the surrounding area.
Originally chartered as Cannon AFB Federal Credit Union located in an old barracks building on Cannon AFB, CFCU has flourished, moving & expanding into 2 convenient locations today. CFCU provides financial services to thousands of members in & around Clovis, New Mexico – including civilian & military personnel assigned to Cannon AFB, NAF employees.
The mission of American Heritage Bank is to provide excellent customer and community support within the realm of safe and sound banking practices. The attainment of our mission will produce economic growth within our communities and a return of favorable value to our shareholders.
Frost Mortgage, we’re dedicated to giving each customer a great experience. Our local home Loan Originators have decades of combined experience in the mortgage industry and can help you reach your short- and long-term goals.Our local specialists have the resources of a huge national mortgage company and the friendly attitude of your neighbors.
Ag New Mexico, Farm Credit Services (FCS), ACA is a rural lending cooperative that finances agricultural production, agribusiness and rural real estate, including farms, ranches, and rural recreational property. We are a part of the nationwide Farm Credit System, the oldest and largest source of rural financing in the United States.
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.
