USDA and FHA Pro and Con in Marblehead, Essex County, MA
For the year 2025, the USDA loan limit in Marblehead, situated in Essex, MA, stands at $675,000. In comparison, the FHA loan limit for a single-family home is $828,000.
Utilize the Lendersa® USDA loan calculator to assess and compare the optimal current rates between USDA and FHA loans. Discover the income requirements, credit score criteria, reserves, and necessary documentation for qualification. Our sophisticated mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side by side to guide you in choosing the best financial program in .
2025 Loan Limits and Down Payment Details in Marblehead, Essex, MA
Loan Type
Loan Limit
Down payment
USDA
$675,000
0%
FHA
$828,000
3.5%
Conventional Conforming
$828,000
3%
Explore USDA and FHA Loan Opportunities in Marblehead, MA
The mission of Lendersa® is to assist you in securing the most favorable USDA or FHA loan swiftly and conveniently. Choose from three pathways to find matching lenders and USDA loan programs tailor-suited to your needs.
A USDA home loan, backed by the U.S. Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage, and it's exclusive to rural areas. Unlike FHA loans, which need a minimum down payment of 3.5%, USDA loans remove this requirement entirely.
First National Bank is a full-service, independent and locally owned bank. First National Bank of Decatur County was organized in 2004 by a group of local businessmen and community leaders who share a personal stake in the future of our community. The founders of First National Bank wanted something better for the place they called home.
In 1946, after numerous requests from Montezuma citizens, Melvin Arendt bid farewell to his brother, Louis, at Gibson Savings Bank and moved his family to Montezuma to start Peoples Savings Bank. Melvin was joined in the bank by his two sons Richard and Jim and son-in-law Bill Bolen. Jim later retired in July of 2001.
"We have built a strong reputation as an outstanding mortgage brokerage firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state.
We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending..."
1010 E. Silver Springs Blvd, Suite D, Ocala, FL, 34470
Fidelity One Mortgage Group was established in 2006 with the mission of creating extraordinary mortgage solutions for the citizens of Florida. That mission continues to be a driving force through today. Fidelity One Mortgage Group has always sought out the nation's most creative and responsible lenders.
Allstate Mortgage of Florida strives to ensure that its services are accessible to people with disabilities. Allstate Mortgage of Florida has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities,
Bank of Vernon's history dates back to November 11, 1911, becoming the first bank in Alabama chartered by the Alabama Banking Department. Our first location was courthouse square.
Bank of Vernon has endured the challenging time of the Great Depression and other economic downtimes prevailing as a strong, well-capitalized hometown, independent ban
2230 Eagle Creek Lane, Suite A, Woodbury, MN, 55129
BWB is an independent bank made up of a small group of investors with a vision to create a different, more extraordinary and refreshing banking experience – much like the Boundary Waters itself. We are a team of dedicated financial experts that understands every business journey is unique.
Heritage Bank is proud of its southern Minnesota history, rooted in local family ownership. Known as Farmers State Bank from 1930-2018, this community bank originated in West Concord, Minnesota.
In 1966, current owners, Al and Mary Ellen Organ, moved from the Rice Lake, Wisconsin area to West Concord.
