USDA and FHA Pro and Con in Alloway, Salem County, NJ
In 2025, the USDA loan cap for Alloway, in the county of Salem, NJ, stands at $381,800, whereas the FHA limit for a single-family home is set at $529,000.
Utilize Lendersa®'s USDA loan calculator to contrast today's superior rates between USDA and FHA options. It helps determine the requisite income, credit, reserves, and documents for qualification. Our sophisticated mortgage calculator places USDA, FHA, Conforming, and VA loans side by side, aiding you in selecting the most fitting option in for your unique financial situation.
2025 Loan Limits and Downpayment Requirements in Alloway, Salem County, NJ
Loan Type
Loan Limit
Down Payment
USDA
$381,800
0%
FHA
$529,000
3.5%
Conventional Conforming
$726,200
3%
Understanding USDA and FHA Loan Options in Alloway, NJ
Lendersa® aims to facilitate your access to top-performing USDA or FHA loans quickly and without difficulty. Choose from one of three initial routes that lead to matching lenders and specific USDA loan options.
The USDA home loan is backed by the Department of Agriculture, often called the USDA rural development loan or simply USDA mortgage. It is intended solely for rural neighborhoods. While FHA loans necessitate a minimum down payment of 3.5%, USDA loans require absolutely no down payment.
Discover unparalleled financing with PhoneOps Funding, LLC! We specialize in providing real estate investors and borrowers with streamlined, flexible lending through our Hard Money Program, featuring expedited closings in as few as 7 days and no minimum FICO score. Whether acquiring or refinancing, PhoneOps ensures your investment journey is seamle
JW Capital Company is a mortgage brokerage. We shop numerous lenders to ensure our clients always get a great deal. Our clients receive wholesale interest rates, faster closings (2 to 3 weeks) and excellent customer service throughout the process. This combined with state of the art technology provides an overall stress free experience.
Mortgage Equity Partners is comprised of former leaders and executives from prominent “national lenders.” The principals alone have over 100 years combined experience in the mortgage industry.Your mortgage is one of the most, if not the most, important financial transaction in your life.
"Syntex Mortgage will assist you with obtaining either a construction mortgage loan for your construction project or an “end” mortgage to purchase one of our homes.
We will walk you through the entire process from loan application to loan closing. Our Licensed Mortgage Specialist can customize mortgage loan products specific to your circumstance.
We are a residential home loan mortgage brokerage and our goal is to be your lender for life! Personal Consultation - We provide a personal consultation so that we can get to know you. We listen carefully to your needs and your goals so that we can use this information to best assist you.
Our mission is to serve our customers with honesty, integrity and competence. 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 that can arise while securing a loan.
At Kohler Mortgage, we are committed to finding you the most competitive financing options, whether buying a home or refinancing a current loan. We have access to a variety of programs and will assist you in selecting the best financing options available. We work directly with wholesale lenders which offers us low wholesale rates passed
Our company was founded with the goal of helping senior citizens live out the best retirements possible by utilizing a Home Equity Conversion Mortgage (HECM). One of the biggest barriers to a happy retirement is having liquid cash. Our company can help senior citizens overcome this barrier by providing a way for them to buy their primary home
Southeast Missouri Community Credit Union is a not-for-profit financial cooperative dedicated to serving our member owners by putting their needs first.
Personalized member service
Innovative products & services
Knowledgeable, skilled & empowered employees
Financial strength & stability
Leadco Community Credit Union operates for the purpose of promoting thrift among its members, providing a source of funds where loans may be secured at a guaranteed low rate of interest, and assisting members in the management of their financial affairs. Credit Union operates for the purpose of promoting thrift among its members,
Bank of New Albany, BNA Bank is a state-chartered bank that has grown from a single location in downtown New Albany to 8 total locations. BNA Bank is one of the few ‘A’ rated banks by Weiss Bank Rating Services and was inducted into the Seifried and Brew Top 15th percentile of community banks.
