USDA VS FHA in Epsom, Merrimack County, NH

The USDA and FHA loan limits in Epsom, NH for 2025 are outlined below. The USDA loan limit for the county of Merrimack stands at $350,000, whereas FHA's cap for a single-family residence is designated at $472,030.

To make informed financial choices, utilize the Lendersa® USDA loan calculator. It not only contrasts USDA and FHA current rates but also assists you in assessing necessary qualifications such as income, credit, reserves, and associated documentation. With this sophisticated mortgage calculator, you can compare USDA, FHA, Conforming, and VA loans side-by-side, helping identify the most suitable financing program available in based on your unique financial scenario.

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Comprehensive 2025 Loan Limits and Down Payment Guidelines in Epsom, Merrimack, NH

Loan Type Loan Limit Minimum Down Payment
USDA $350,000 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA Loan Choices in Epsom, NH

Lendersa®'s objective is to swiftly facilitate you in securing the best USDA or FHA loan with minimal hassle. Begin by selecting any one of three methods that align you with the appropriate lenders and USDA loan schemes.

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Understanding USDA Loans in NH

The USDA loan, backed by the governmental Department of Agriculture, often referred to as a USDA rural development or USDA mortgage, is eligible for rural regions only. Unlike FHA loans which necessitate a minimum down payment of 3.5%, the USDA mortgage doesn't require a down payment at all.

Enter your location to find out if it qualifies for USDA rural housing loan?



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