USDA Vs. FHA your options comparison in Nahant, Essex County, MA
For 2025, in Nahant located in Essex County, MA, the USDA loan cap is $675,000, whereas the FHA limit for a single-family home is $828,000.
Leverage the Lendersa® USDA loan calculator to compare the top current rates between USDA and FHA loans. Evaluate the necessary income, credit score, reserves, and documentation for qualification. Our advanced mortgage calculator allows you to see USDA, FHA, Conforming, and VA loans side by side, helping you choose which program in suits your specific financial requirements best.
2025 Loan Limits and Down Payment Requirements in Nahant, Essex County, 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 Choices in Nahant, MA
The aim of Lendersa® is to help you secure the best USDA or FHA loan quickly and with minimal hassle. Choose from three starting points that match you with lenders and USDA loan programs.
The USDA home loan, backed by the Department of Agriculture and also known as the USDA rural development loan or USDA mortgage, is reserved for rural areas. Unlike FHA loans necessitating a minimum down payment of 3.5%, USDA loans require no down payment at all.
It has been the goal of our company from inception to be the borrower’s advocate and we pride ourselves on personally guiding each and every transaction through the debt or equity placement process from beginning to end. In doing so we provide our clients with outstanding service.
1913 Capitol Avenue, Suite D, Sacramento, CA, 95811
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.
Bay Equity is a full-service retail mortgage lender. Founded in the heart of San Francisco’s financial district in 2007, the company recently moved to new corporate headquarters in Corte Madera, CA. Bay Equity Home Loans is currently licensed in 40 states and is expanding across the nation with retail branches in 27 states.
Lynel Ford is the founder of Fordy Realty, a full-service Boutique Brokerage and lifestyle company, that is redefining the financial literacy for the future generation of brokers, salespersons, investors, and business-minded individuals. Fordy Realty is located in Sacramento, California.
4700 Northgate Boulevard, Suite 157, Sacramento, CA, 95834
Mitch Peters of Empyrean Real Estate can assist you with a variety of real estate services, such as assisting buyers to find their next Sacramento real estate property or Sacramento home, and assisting sellers in selling their Sacramento home or Sacramento real estate property and getting the most for their Sacramento real estate property.
4080 Truxel Road, Suite 100, Sacramento, CA, 95834
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.
1143 N. Market Blvd Suite 1, Sacramento, CA, 95834
Our company was built from opportunity. Much of our time in the mortgage industry has been rough seas and waves of changes and regulations. Now times have changed and the importance of home ownership is again an opportunity for all. Our intention is to provide a place where our customers can feel secure
Sacramento Credit Union (SCU) is member-owned, meaning each member has a say in how we conduct business. As a not-for-profit institution, we prioritize members' goals and provide modern products and conveniences that help you manage and grow your money, all delivered with personalized, attentive service.
Elevate mortgage is a diverse, experienced team of mortgage professionals who are client focused and bring results. With access to over 100 different lenders, we can provide you the best financing available. Over 75% of our business comes from past clients and referral partners who are confident in our abilities.
Purchasing a home can be one of the largest decisions one will ever make. Home purchasing is not only about a home loan, but also about how the loan integrates itself within your other financial responsibilities and goals. I have worked in the mortgage business for over a decade.
520 Capitol Mall, Suite 780, Sacramento, CA, 95814
Professional Mortgage Associates (PMA) is a California Mortgage Corporation licensed by the California Department of Real Estate and endorsed by the NMLS as a Mortgage Loan Originator. PMA's corporate administrative staff have a combined history of over 60 years in the mortgage and real estate industry.
