USDA and FHA Pro and Con in Methuen-Town, Essex County, MA
In 2025, the USDA sets the loan limit in Methuen-Town, located within Essex county, MA, at $579,600, while the FHA limit for a single-family home is $724,500.
Utilize the Lendersa® USDA loan calculator to evaluate today's top USDA versus FHA rates. Determine the income, credit, reserves, and necessary documents needed to qualify. Our advanced mortgage calculator lets you compare USDA, FHA, Conforming, and VA options side by side, aiding your choice of the optimal program in that suits your financial circumstances.
2025 Loan Limits and Downpayment Requirements in Methuen-Town, Essex, MA
Loan Type
Loan Limit
Down payment
USDA
$579,600
0%
FHA
$724,500
3.5%
Conventional Conforming
$724,500
3%
USDA and FHA Loan Options in Methuen-Town, MA
The objective of Lendersa® is to efficiently secure the most suitable USDA or FHA loan for you without hassle. Choose from one of three pathways to connect with lenders and USDA loan programs.
A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is guaranteed by the U.S. Department of Agriculture and is solely available in rural neighborhoods. In contrast to FHA loans, which require a minimum down payment of 3.5%, USDA mortgages do not require any down payment.
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