USDA Vs. FHA your options comparison in West-Newbury, Essex County, MA
In 2026, the USDA loan cap in West-Newbury, situated in the county of Essex, MA, is $579,600, whereas the FHA limit for a single-family home sits at $724,500.
Utilize the Lendersa® USDA loan calculator to examine the prevailing USDA versus FHA rates, determining essential income, credit, financial reserves, and documents required for qualification. Our advanced mortgage calculator allows you to see USDA, FHA, Conforming, and VA loan types side by side, aiding in selecting the best program in for your financial needs.
2026 Loan Limits and Down Payment Requirements in West-Newbury, Essex County, MA
Loan Type
Maximum Loan Limit
Down Payment
USDA
$579,600
0%
FHA
$724,500
3.5%
Conventional Conforming
$724,500
3%
USDA and FHA Loan Options in West-Newbury, MA
The main aim of Lendersa® is to provide you with the best possible USDA or FHA loans without any hassle and in a timely manner. Start by choosing one of three approaches that lead to matching lenders with USDA loan programs.
The USDA home loan, backed by the Department of Agriculture, is also referred to as a USDA rural development loan or simply a USDA mortgage, and it is intended strictly for rural areas. Unlike FHA loans that necessitate at least a 3.5% down payment, the USDA mortgage requires no down payment at all.
We were founded in 1828 and were a “traditional” bank for a long time. But in 2020, we reshaped our nearly 200-year-old DNA to become an innovative, adaptive and technology-first, commercial bank supporting businesses across specialty markets like Digital Assets, Banking as a Service and Renewable Energy.
110 Haverhill Road, Suite 312, Building C, Amesbury, MA, 01913
Lends in Massachusetts
At National Mortgage Advice, we finance what national banks can't or wont! We Offer: Real Estate Counseling, Acquisition, Development and Financing. We finance in 43 States. Jeffrey J. Moore President at National Mortgage Advice, Inc. National Mortgage Advice, LLC is now their lender of choice.
Haverhill Bank is a full service community bank with a wide range of financial products and services. Loan products include both residential and commercial mortgages and lines of credit, as well as personal and business loans. The bank’s personal and business deposit products include a variety of savings and checking accounts.
The Haverhill Fire Department Credit Union was chartered on August 5, 1933 for Haverhill firefighters and their families. The first office was located at the Essex Street fire station. After 1 year of business, in August of 1934, the credit union had 91 members and $3, 515.08 in assets. By 1950 the credit union had assets of nearly $41, 000.
The Haverhill Teachers Credit Union was formed in 1937 as a member owned, state chartered, non-profit organization. It was opened in the basement of Haverhill High School (currently City Hall). Following the established pattern as a savings and loan service, members took advantage of the newly developed programs
Pentucket Bank was established in 1891 as a mutual bank, which essentially means we are owned by our customers and our primary focus has always been on meeting their needs. As a local community bank our focus is in three key areas: building long term relationships with our customers, by providing a level of service.
We’re a full-service community bank that’s been serving the Greater Seacoast since 1854. We know this area well and are unwavering in our commitment to equip people and businesses with everything you need to journey well and achieve the outcomes you desire. We’re involved in the betterment of community and embrace philanthropy.
The Institution for Savings, founded in 1820, is one of the oldest mutual banks in the country with 15 full-services offices along Massachusetts' North Shore and Cape Ann. Member FDIC, FDIC, Equal Housing Lender.banks in the country with 15 full-services offices along Massachusetts MA.
Since our inception in 2001, we have realized above-market returns on our portfolio of residential and commercial assets. We pride ourselves on our in-depth construction management experience, careful analysis of our markets, value-add capabilities, and on our successful partnerships with local builders
