USDA Vs. FHA your options comparison in Swampscott, Essex County, MA
In the year 2025, the USDA loan limit for Swampscott in the county of Essex, MA, is $675,000. Conversely, the FHA loan limit for a single-family home is set at $828,000.
Lendersa® provides a USDA loan calculator that allows you to compare the current rates between USDA and FHA loans. It also helps ascertain the qualifications needed concerning income, credit score, reserves, and necessary documentation. With our sophisticated mortgage calculator, you can view USDA, FHA, Conforming, and VA loan programs side by side, assisting you to choose the appropriate option in Alabama tailored to your financial needs.
Loan limits and down payment requirements for 2025 in Swampscott, county of Essex, 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 Swampscott, MA
Lendersa® strives to facilitate the acquisition of the most advantageous USDA or FHA loan swiftly and with minimal inconvenience. You can initiate the process by selecting from three available methods that align with corresponding lenders and USDA loan offerings.
A USDA home loan is a government-backed loan by the Department of Agriculture, often referred to as a USDA rural development loan or USDA mortgage, available exclusively in rural areas. In contrast to FHA loans that necessitate a minimum down payment of 3.5%, a USDA mortgage requires no down payment at all.
Custom Mortgage + Real Estate is a Nationwide Mortgage Banker and Commercial and Residential Real Estate Broker. We provide many traditional loan solution and also have unique specialized such as Stated Income loans up to 80% loan to value. Contact us to find out more 877-976-5669.
400 Corporate Pointe, Suite 300, Culver City, CA, 90230
Legacy Liaisons LLC is located in Columbus, OH, United States and is part of the Management, Scientific, and Technical Consulting Services Industry. Legacy Liaisons LLC has 1 total employees across all of its locations and generates $34, 669 in sales (USD). (Sales figure is modelled).
6167 Bristol Parkway, Suite 345, Culver City, CA, 90230
Benefit Mortgage was formed by financial industry veterans with vast expertise and a singular mission: to educate experienced homeowners on how to use a reverse mortgage safely as a retirement tool. We’ve helped countless homeowners proficiently utilize their home equity as an element of their retirement portfolio.
11150 W. Olympic Blvd, Suite 600, Los Angeles, CA, 90064
Founded in 2003 as a specialty finance company, Residential Mortgage Solution (RMS) has participated on over 250 distinct buy and sell side transactions totaling over $10 billion in principal balance (UPB) as well as provided surveillance services on over $60 billion in UPB over a 18 year period.
11845 West Olympic Blvd, Suite 830, Los Angeles, CA, 90064
Vault Mortgage Group has become one of the premiere mortgage bankers in California. With a reputation based on trust, integrity & delivering exceptional client service, we are one of the fastest growing full- service bankers in our area. We have grown to become one of the largest independent mortgage banking operations in the western United States.
2999 Overland Ave, Suite 116, Los Angeles, CA, 90064
Founded in 2010, Crescent Lenders is a direct private money lender for real estate investors looking to buy, rehab or refinance various types of investment properties.We have closed hundreds of deals with a transactional sum of over $120 million.We are committed to being the fastest, most flexible, and reliable company in our industry.
11500 W Olympic Blvd, Suite 560, Los Angeles, CA, 90064
Clear Capital Lending are a full service Mortgage Banker with an experienced staff offering expertise in every area of mortgage lending, from purchase to refinance. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan-with the best rates, terms and costs.
11400 OLYMPIC BLVD STE 830, Los Angeles, CA, 90064
"Welcome to our one stop mortgage shop that specializes in helping you attain your Real Estate financing goals. We offer a range of mortgage options to suit your individual needs.
Since 1986, we have helped thousands of satisfied Californian residents qualify for, purchase, refinance, and/or sell all types of Real property.
8535 Reseda Blvd, Suite 100, Northridge, CA, 91324
We are a full service mortgage brokerage with experience in the areas of mortgage lending, real estate and business. Our company has established relationships with a multitude of mortgage investors and Banks to provide the best programs for your individual circumstances. Whether your looking to refinance or purchase we have a loan program for you.
Our vision of home ownership is helping families understand that owning a home IS possible. Whether you are financially prepared now or whether families need to know the steps they need to take to be eligible for a home in the future, our goal is to educate families on what they need to do to own a home.
9017 Reseda Boulevard, Suite 204, Northridge, CA, 91324
Universal Home Loans, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family.
