USDA Vs. FHA Pro and Con comparison in Somerset, Bristol County, MA
As of 2026, the USDA loan cap for Somerset, located in Bristol County, MA, is set at $473,800, while the FHA ceiling is $661,250 for homes with one family.
Utilize Lendersa®'s USDA loan calculator to analyze current USDA and FHA rates, and gauge the necessary income, credit, reserves, and documentation for qualification. Our sophisticated mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, assisting in selecting the optimal program in for your financial needs.
2026 Loan Thresholds and Down Payment Details in Somerset, Bristol County, MA
Loan Type
Loan Limit
Down Payment
USDA
$473,800
0%
FHA
$661,250
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Somerset, MA
Lendersa® aspires to quickly secure you the most suitable USDA or FHA loans, ensuring a seamless process. Choose one of three avenues to connect with lenders and associated USDA loan schemes.
USDA home financing is a loan assured by the government via the Department of Agriculture, alternatively known as a USDA rural development loan or USDA mortgage, specifically available for rural communities. In contrast to FHA loans, which mandate a minimum down payment of 3.5%, USDA mortgages require no initial down payment, enabling broader access.
Our goal is to provide our members with the financial services they need along with the latest technology and the personal attention they deserve.
SFCU serves people who live or work in Bristol County, Massachusetts, or if a member of your immediate family lives or works in Bristol County, Massachusetts.
BankFive, based in Fall River, Massachusetts, is the SouthCoast's premier independent community bank, and one of the top regional banks in the area. With 13 convenient banking locations in Swansea, Somerset, Fall River, Dartmouth, New Bedford, Fairhaven, and Bristol, RI, plus lending offices in Woburn, Wrentham, and Cranston, RI.
BayCoast Bank has 24 locations: Berkley, Dartmouth, Fairhaven, Fall River, Foxborough, New Bedford, North Dighton, Somerset, Swansea, Seekonk, Westport in Massachusetts and Bristol, Cranston, Little Compton, Providence, Tiverton, Portsmouth in Rhode Island. Each branch has at least one ATM, and ITMs are located at select branches.
1723 Grand Army of the Republic Highway, Swansea, MA, 02777
Lends in Massachusetts
St. Dominic’s Federal Credit Union is “Your Community Credit Union”. The staff of St. Dominic's Federal Credit Union will provide the best services possible to the members we serve. We are a non-profit organization that has been in operation for over forty years, dedicated to the communities we serve.
BayCoast Mortgage, LLC is a full service lender providing industry best solutions in residential purchase, refinance, renovation, and construction loans. Our product offering complements customers throughout the East Coast including FNMA, FHLC, VA, FHA, Jumbo, MA Housing, RI Housing and BayCoast Portfolio .
St. Anne's Credit Union has been providing financial products and banking services since 1936. St. Anne's has over 150 employees servicing ten locations including Dartmouth, Fairhaven, Fall River, New Bedford, Somerset, Swansea, Westport and The Lending Center in Plymouth. St. Anne’s was selected for the fifth year in a row #1 Credit Union by the p
Fall River Pawnbrokers was established in 1995 with our first pawn shop operation opening its doors in Fall River, Massachusetts. For over 24 years we have contributed to serving working families and communities by providing a wide range of financial services for people of all ages and backgrounds.
Santo Christo Federal Credit Union was founded in 1954 to serve the financial needs of members of Santo Christo Catholic Parish and St. Louis Catholic Parish in Fall River, Massachusetts; residents of Wards Two, Three and Four of Fall River Massachusetts. Today, we are a full service financial institution that exists for one reason
99 S. Main Street, Suite 154, Fall River, MA, 02721
Lends in Massachusetts
Our mission is to serve our customers with honesty, integrity and competence. We specialize in Home Purchase Loans and Refinancing in MA and RI. 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
