In 2025, the USDA loan limit in Somerville, located in Middlesex county, MA, is $675,000. In comparison, the FHA limit for a single-family house is $828,000.
Utilize Lendersa®'s USDA loan calculator to compare today's top USDA and FHA rates, determining the required income, credit, reserves, and documents necessary for qualification. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA options side by side, helping you select the best program for your financial situation in .
2025 Loan Limits and Down Payment Requirements in Somerville, Middlesex, MA
Loan Type
Loan Limit
Down Payment
USDA
$675,000
0%
FHA
$828,000
3.5%
Conventional Conforming
$828,000
3%
Exploring USDA and FHA Loan Options in Somerville, MA
The aim of Lendersa® is to quickly secure for you the best possible USDA or FHA loan, without hassle. Choose one of three starting options to match with lenders and USDA loan programs.
A USDA home loan is backed by the government's Department of Agriculture, often referred to as a USDA rural development loan or USDA mortgage. It is available only in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, USDA loans require none.
Murphy-Wall State Bank is here to provide quality bank services to our service area, & to provide a fair return to our shareholders. We will be responsible citizens & will participate in community activities, both by making contributions to worthwhile causes and by contributing our time as individuals. Our customers are our most important assets.
The Bank of Perry County was founded in 1905. With the motto of “The Bank on the Go, ” we have provided fast and courteous service to our customers. With three convenient locations in Perry and Lewis County, the employees at the Bank of Perry County have been committed to getting to know their customers on a personal level and providing them with e
The American farmer has always been known for honesty, hard work, and helping out their neighbor. Those values were the foundation of our credit union back in 1934 when a group of local farmers came together and built a place to save their money and make loans to one another. WE ARE HERE TO SERVE YOU AND ALL OF YOUR FINANCIAL NEEDS!
January 4, 1902 banking was started and one week later total assets were $19, 402.16. The January 9, 1902 meeting of the stockholders was held in the new bank. H. F. Wunder was hired as cashier receiving $50 a month salary. W.I. VanderVeer served as President with no pay and Julius W. Schiele served as Vice President.
Courtesy First Home Lenders was incorporated on January 29th, 2004 for the purpose of providing our community with quality mortgage products and exemplary service. After spending 23 years in all areas of the financial services industry and additional 4 years specializing in mortgage originations I felt the time was right to open a local
Since 1902, Grand Rivers Community Bank has served the needs of Pulaski County on a personal level. Though you are our customers, you are a lot more than that. You are fellow community members, neighbors — even family and friends. And that's exactly how we treat you. We get to know your personal goals and dreams.
First Trust and Savings Bank, with it's origin dating back to 1886, has been very blessed to be part of a strong agricultural area that now includes facilities in the towns of Wheatland, Dixon, Lost Nation, Calamus, Grand Mound, and Donahue, Iowa.First Trust is a locally owned community bank, with many long term experienced employees to serve you.
The Farmers State Bank and Trust Company has been proudly serving the Morgan County Community for over 100 years.
The Farmers State Bank and Trust Company was organized in 1910 under a charter issued by the State of Illinois. Upon subscribing the necessary capital, a group of prominent businessmen.
