USDA Vs. FHA Pro and Con comparison in Middleton, Essex County, MA

As of 2026, the USDA loan limit for Middleton in the county of Essex, MA, is $675,000. In contrast, the FHA limit for a single-family residence stands at $828,000.

Utilize the Lendersa® USDA loan calculator to compare the current rates between USDA and FHA options. This tool helps you assess the income, credit, reserves, and required documents needed for qualification. You can view USDA, FHA, Conforming, and VA loans side by side, aiding your decision on the most suitable program for you, especially in Alabama.

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Loan Limits and Down Payment Requirements for 2026 in Middleton, Essex, MA

Loan Type Loan Limit Down Payment
USDA $675,000 0%
FHA $828,000 3.5%
Conventional Conforming $828,000 3%

USDA and FHA Loan Alternatives in Middleton, MA

Lendersa® aims to quickly secure the best USDA or FHA loan for you. Choose from three entry points to find matching lenders and USDA programs:

View Lendersa USDA loan request results

Understanding USDA Loans in MA

A USDA home loan is government-backed by the Department of Agriculture, also known as the USDA rural development loan or USDA mortgage. It's exclusively for rural areas. Unlike FHA loans, which mandate at least a 3.5% down payment, USDA loans don't require any down payment.

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



Middleton Lenders

  • Commonwealth Mortgage
  • 98 High Street, Danvers, MA, 01923
  • Lends in Massachusetts
  • Commonwealth Mortgage NewFED™ Mortgage Corporation is not the only way to get your home financed, but it should be. We treat each customer the way we would like to be treated. We have great support and sales staff who want to prove to you that we can get the job done each and every time you need financing.

  • New Fed Mortgage Corp.
  • 98 High Street, Danvers, MA, 01923
  • Lends in Massachusetts
  • NewFED Mortgage Corporation is not the only way to get your home financed, but it should be! Call us Old Fashioned but we treat each customer the way we would like to be treated. We have great support and sales staff who want to prove you made the right decision by choosing us for your financing needs.

  • Universal Capital
  • 10 Liberty Street, Danvers, MA, 01923
  • Lends in Massachusetts
  • niversal Capital was established in 2010 by an experienced team of mortgage banking professionals. We provide time-sensitive interim and bridge financing using non-owner occupied residential and commercial real estate as collateral. We are a direct lender utilizing our own capital as our funding source. We internally underwrite our loans allowing u

  • Patriot Mortgage Company Inc.
  • 4 Lowell Road, Suite 11, North Reading, MA, 1864
  • Lends in Massachusetts
  • Patriot Mortgage Company is a family owned company that was established in 1992 to service the states of Massachusetts and New Hampshire. We believe potential home buyers and homeowners were in search of a broker who was willing to provide mortgage products and services suited for their specific individual needs.

  • Pioneer Mortgage Corp
  • 40 Salem Street, Building 1, Lynnfield, MA, 01940
  • Lends in Massachusetts
  • We will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the ideal mortgage for you.

  • Peabody Municipal Federal Credit Union
  • 12 Chestnut Street, Peabody, MA, 01960
  • Lends in Massachusetts
  • The Peabody Municipal FCU is a nonprofit organization independent of the City of Peabody. Credit Union is owned and operated by its members to encourage savings and to provide funds for member needs at competitive rates. and also Peabody Municipal Federal Credit Union is dedicated to providing competitive financial products and superior service to

  • Luso American Credit Union
  • 37 Tremont Street, Peabody, MA, 01960
  • Lends in Massachusetts
  • Luso American Credit Union was founded in 1960 to serve the financial needs of the local community. We are a full service Credit Union and offer financial products, services, and delivery channels that you may expect from a larger financial institution, with the personalized and professional service that you crave.

  • Miller Mortgage, LLC
  • 515 Lowell Street, Suite 1, Peabody, MA, 01960
  • Lends in Massachusetts
  • Miller Mortgage is a licensed mortgage broker in Massachusetts & New Hampshire.Located Boston in Peabody, MA our mission is to provide the best customer service & secure the lowest mortgage interest rates from our lending partners.Our volume enables us to procure very low mortgage rates and flexible programs in the Massachusetts and New Hampshire.

  • Wakefield Co-operative Bank
  • 342 Main Street, Wakefield, MA, 01880
  • Lends in Massachusetts
  • Wakefield Co-operative Bank is continually expanding our personal and business banking services, our residential and commercial lending, and our supplementary digital services to better enable our customers to manage their finances. We foresee great opportunity for deposit, lending, and financial services growth and are optimistic.