USDA and FHA Pro and Con in Peabody, Essex County, MA
In 2026, the USDA loan cap in Peabody, located in Essex county of MA, is $675,000. Meanwhile, the FHA limit for a single-family residence is $828,000.
Utilize the Lendersa® USDA loan calculator to assess today's top USDA vs. FHA interest rates, helping to determine the income, credit, reserves, and documentation necessary for qualification. With our advanced mortgage calculator, you can review USDA, FHA, Conforming, and VA options side by side, assisting you in selecting the program best suited to your financial circumstances in .
2026 Loan Limits and Downpayment Requirements in Peabody, 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 Options in Peabody, MA
The objective of Lendersa® is to secure the most suitable USDA or FHA loan quickly and without fuss. Choose from three starting points to connect with lenders and explore USDA loan offerings.
A USDA home loan is a government-backed mortgage through the Department of Agriculture, commonly known as a USDA rural development loan. Available only in rural areas, it differs from FHA loans, which need a minimum down payment of 3.5%, whereas USDA loans require none.
Naveo is a local not-for-profit community financial institution focused on serving its members/owners. Our mission is to assist our members with their financial needs by providing them with products and services they need in a friendly, inviting environment. As stated in our motto of “Saving Together to Lend to Each Other, ” we take member deposits
Forward Financing is a Boston-based financial technology company that provides fast, flexible working capital to small businesses nationwide. Our dedicated account representatives and advanced proprietary technology help our customers spend less time finding capital and more time growing their business.
Boston Private We bring together a full spectrum of wealth, trust and banking services to give you the one trusted resource you need to simplify and strengthen your financial life. and also Boston Private is a bank with operations in four states. Boston Private offers numerous mortgage programs including conventional, jumbo, non-owner occupied, Hom
236 Commercial Street, Suite 100R, Boston, MA, 02109
Tim Lacyk, dove head first into the mortgage industry some 15 years ago. Originally hired as a Loan Closer (coordinates with Title the closing process the final loan figures, balances, and wires the money to closing), he also moved through a variety of roles after that, including post-closing management.
8 Faneuil Hall Marketplace 3rd fl, Boston, MA, 02109
Investors Choice Lending is a private hard money lender offering Boston’s real estate investors a unique opportunity to secure the funds they need. When you’ve got eyes on your next investment property, there’s nothing you want more than to close quickly and without hassle.
We’ve aligned ourselves with many National lending resources.
At Leader Bank we take a modern day approach to making dreams come true, all while helping the community we love. Start your journey with us today. Leader Bank’s best-in-class staff has been at the forefront of supporting the bank’s rapid growth and customer-oriented solutions...
Founded in 2002, Leader Bank is a Massachusetts-based entrepreneurial financial institution that approaches banking differently. The core tenets of Leader Bank include client services, exemplary products, and innovation to meet the needs of its clients. Leader Bank’s best-in-class staff has been at the forefront of supporting the bank’s
Jadia Mortgage assists you with the easiest & fastest way to get a low cost home loan or refinance. We are mortgage broker, & we are not making & servicing the loan. You will really enjoy a fast, hassle-free, no-nonsense service through us that meets your specific requirements. We will show you in detail how you can save on your mortgage loan
East Cambridge Savings Bank is a full-service mutually-held savings bank that believes in connecting with customers. The Bank was established in 1854 and is dedicated to providing businesses and individuals with a full line of banking services in the communities it serves. Headquartered in Cambridge, the Bank has locations in Arlington.
The North Cambridge Co-operative Bank was chartered in 1912. We have operated continuously in this location since its inception. The bank’s primary mission has been to serve the banking needs of North Cambridge as well as the surrounding communities. We are proud of our Co-operative heritage and believe our financial strength demonstrates.
The Andovers Federal Credit Union is a non-profit financial institution owned and operated by its members. It is the purpose of the Credit Union to provide financial services and education to its members and develop relationships that make a difference in our members’ lives, while maintaining a stable and secure future for its membership.
At Sandton Partners LLC, we are dedicated to helping you. We have helped Real Estate Investors in New England and across the United States with the short term financing solutions necessary for their real estate business to succeed. We lend against non-owner Occupied properties, and specialize in rehab loans
