USDA Vs. FHA Pro and Con comparison in Carneys-Point, Salem County, NJ

In the year 2025, the USDA loan limit for Carneys-Point in Salem County, NJ is $345,000, whereas the FHA loan limit for a single-family house is $431,250.

Leverage the Lendersa® USDA loan calculator to assess present USDA versus FHA top rates and identify the income, credit, reserves, and documentation required for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side by side, aiding you in selecting the most appropriate program for your financial situation in .

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2025 Loan Limits and Downpayment Details in Carneys-Point, Salem County, NJ

Loan Type Loan Limit Down payment
USDA $345,000 0%
FHA $431,250 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Choices in Carneys-Point, NJ

The objective of Lendersa® is to quickly and effortlessly secure you the optimal USDA or FHA loan. Select from three different starting points available to link with lenders and access USDA loan offerings.

Lendersa USDA loan request and matching results

Understanding USDA Loans in NJ

A USDA home loan, backed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is only available in rural areas. In contrast to FHA loans, which require a minimum down payment of 3.5%, a USDA mortgage requires no down payment at all.

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



  • Assured Capital Funding Inc.
  • 14203 Rick Dr, Utica, MI, 48315
  • Local mortgage broker located in Shelby Township, Michigan. Offering all types of mortgages. Conventional, FHA, VA, USDA/Rural Development. Second Mortgages and HELOCS. 0% Down Payment programs available for first-time home buyers. We are mortgage experts that find solutions to work with all types of credit profiles and borrowers'
  • Sistar Mortgage
  • 35871 Mound Road, Ste. 201, Sterling Heights, MI, 48310
  • Discover Sistar Mortgage, a premier mortgage company in Michigan dedicated to securing your future. Our expert team provides a comprehensive range of mortgage products, ensuring personalized support from pre-qualification to loan verification. With Sistar Mortgage, experience a seamless and transparent journey to homeownership. Contact us at 1 888-
  • THE LOCAL Credit Union
  • 39139 Mound Road, Sterling Heights, MI, 48310
  • THE LOCAL employs middle class workers, organized under a collective bargaining agreement in order to stay true to the principles of the 1949 charter. THE LOCAL prides itself in offering all financial products that banks and Mega-credit union’s offer – but at reasonable rates to encourage thrift among our members.
  • JBG Mortgage
  • 38219 Mound Rd, Suite 201, Sterling Heights, MI, 48310
  • At JBG Mortgage we’re mortgage nerds, but we know that you may not be, so our team is here for you should any questions arise about your mortgage because we want you to feel confident and excited about this next journey of your life. Your experience is the #1 priority in our office which is why every loan is handled with experienced Loan Officers.
  • Xperience Mortgage
  • 38219 Mound Rd, Suite 201, Sterling Heights, MI, 48310
  • At Xperience Mortgage we’re mortgage nerds, but we know that you may not be, so our team is here for you should any questions arise about your mortgage, because we want you to feel confident and excited about this next journey of your life. Our goals are the same as yours – get the home of your dreams without any of the hassle.
  • Haven Mortgage Group
  • 38219 Mound Rd, Suite 201, Sterling Heights, MI, 48310
  • At Haven Mortgage Group we’re mortgage nerds, but we know that you may not be, so our team is here for you should any questions arise about your mortgage, because we want you to feel confident and excited about this next journey of your life. Our goals are the same as yours – get the home of your dreams without any of the hassle.
  • In-House Mortgage LLC
  • 38219 Mound Road, Suite 201, Sterling Heights, MI, 48310
  • "We can work with many different types of borrowers to help them get the exact loan they need for their situation. Our team of highly qualified Loan Officers are here 24/7 to ensure you're getting the loan you need, when you need it. We've got a constant tab on the latest interest rates around to ensure you're saving."
  • Greater Eastern Credit Union
  • 2110 West Mountcastle Drive, Johnson City, TN, 37604
  • Greater Eastern Credit Union was chartered in 1952 as a non-profit financial institution for employees of the Mountain Home Veterans Administration Medical Center. From our humble beginnings, we have consistently provided our members with quality financial products and exceptional service.