USDA and FHA Pro and Con in Bloomfield, Essex County, NJ
In the year 2025, within Bloomfield of Essex, NJ, the USDA loan cap is set at $0. Meanwhile, a single-family residence can have an FHA cap of $1,089,300.
The Lendersa® USDA loan calculator offers a way to analyze current USDA and FHA top rates, as well as to ascertain the income, credit, reserves, and documentation needed for eligibility. Our state-of-the-art mortgage calculator provides a comparative view of USDA, FHA, Conforming, and VA loans side-by-side, guiding you towards the most suitable program in based on your specific financial capabilities.
2025 Lending Thresholds and Downpayment Information in Bloomfield, Essex, NJ
Loan Type
Loan Limit
Downpayment
USDA
$0
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
Exploring USDA and FHA Loan Alternatives in Bloomfield, NJ
Lendersa® aims to secure the optimal USDA or FHA loan efficiently and with ease. Choose from three starting options that help align with lending products and USDA loan packages tailored to your needs.
A USDA home loan is supported by the U.S. Department of Agriculture, also known as a USDA rural development loan or USDA mortgage. These are exclusively accessible in rural locales and, contrary to FHA loans, require no downpayment, whereas FHA loans mandate a minimum 3.5% downpayment.
Benchmark is a full-service mortgage banker and seller-servicer We are a community of mortgage professionals that are united by the Benchmark core values - success, relationship, dynamic, excellence, positive attitude. Everything we do comes back to these five defined beliefs. Adhering to these values dictates the way we think, manage our business.
180 E Dania Beach Blvd, Suite 107, Dania, FL, 33004
United Capital Point was founded by a group of professionals with more than 15 years of combined experience in the areas of Commercial Real Estate Lending and Business Working Capital Loan Funding. There’s a lot to consider when searching for the right loan program for your immediate investment.
We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending...from purchase to refinance to construction lending. 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
Home Financial Group was established 2002. With the rapid housing market growing every year, HFG was dedicated to help as many people as it could to purchase or refinance their home. Times were good, we opened up an Orlando office and expanded our operations in South Florida. Then the Real Estate bubble burst. Thank to our strong connections.
CDC Financial Corp. has been a licensed mortgage lending company since 1999 providing bridge loans to small local investors. We pride ourselves in responding quickly to giving you an approval or denial of your loan submission. We understand that time is money and you need answers quickly.
4547 Pine Island Rd, Suite 3, Cape Coral, FL, 33993
Responsible Reverse Mortgage, a licensed mortgage broker specializing in Reverse Mortgages. Our company mission is to be responsible for your comfortable retirement. We've a commitment to our customers to deliver quality advice in a convenient manner. Our commitment to helping the 62+ community of America live the retirement.
1322 North West 10th Terrace, Cape Coral, FL, 33993
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.
Harbor Light Mortgage is a family owned and operated mortgage broker in Cape Coral, Florida, serving borrowers throughout the State. Now in it's third year at this location, Harbor Light Mortgage represents multiple lenders providing borrowers with access to a vast array of mortgage products, including Conventional, FHA, USDA, and VA
Since 1941, United Consumers has been providing its members with an alternative to increasingly expensive banking services. The credit union is a not-for-profit financial institution owned by the members who join. Benefits of membership include lower rates on loans, higher rates on investments
