USDA and FHA Pro and Con in Newburyport, Essex County, MA
As of 2025, the USDA loan ceiling for Newburyport, located in the county of Essex, MA, is set at $675,000. In comparison, the FHA limit for single-family homes stands at $828,000.
Make use of Lendersa® USDA loan calculator to juxtapose today's USDA against FHA's top rates. Determine the necessary income, credit credentials, reserves, and documentation for qualification. Our cutting-edge mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, enabling you to assess which program in aligns best with your specific financial situation.
Insights on 2025 loan limits and needed down payments in Newburyport, county of Essex, MA
Loan Category
Limitations
Required Down Payment
USDA
$675,000
0%
FHA
$828,000
3.5%
Conventional Conforming
$828,000
3%
Exploring USDA and FHA loan alternatives in Newburyport, MA
The primary mission of Lendersa® is to secure the most suitable USDA or FHA loan for you swiftly and without any complications. Select from one of the three options below to connect with matching lenders and discover available USDA loan programs.
A USDA home loan, supported by the United States Department of Agriculture, is also recognized as a USDA rural development loan or USDA mortgage. These loans are exclusively available in rural areas. Unlike FHA loans, which mandate at least a 3.5% down payment, USDA mortgage loans require no down payment at all.
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