USDA Vs. FHA Pro and Con comparison in Cedar-Grove, Essex County, NJ
As of 2025, in Cedar-Grove, county of Essex, NJ, the USDA loan cap is $0, whereas for FHA, the limit stands at $822,375 concerning a single-family dwelling.
Leverage Lendersa®'s USDA loan calculator to compare today's best USDA versus FHA interest rates, and determine the income, creditworthiness, reserve amounts, and documentation necessary for qualification. Our sophisticated mortgage calculation tool provides a comprehensive side-by-side view of USDA, FHA, Conforming, and VA programs so you can assess which option in suits your financial needs best.
2025 loan limitations and down payment requirements within Cedar-Grove, county of Essex, NJ
Loan Type
Loan Cap
Down Payment
USDA
$0
0%
FHA
$822,375
3.5%
Conventional Conforming
$822,375
3%
USDA and FHA loan solutions available in Cedar-Grove, NJ
The mission of Lendersa® is to efficiently secure the optimal USDA or FHA loan without complications. You can initiate the process by selecting one of three pathways that align you with compatible lenders and suitable USDA loan programs.
A USDA home loan, endorsed by the U.S. Department of Agriculture, also termed a USDA rural development or mortgage loan, is designated for rural locales exclusively. Unlike FHA loans that necessitate a minimum 3.5% down payment, a USDA mortgage mandates no down payment at all.
Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
Cayuga Lake National Bank is a full-service community bank headquartered in Union Springs, NY with a second office in Aurora, NY. We provide consumer and commercial banking and lending products to the Finger Lakes Region of Central New York and beyond. Cayuga Lake National Bank offers a full suite of consumer banking products.
Whether you need a checking account, auto loan, mortgage or other financial assistance, Merrimack Valley Credit Union is here with your best interest at heart! We’re all about the credit union mission of “people helping people” and offering you quality products and services at reasonable rates and costs.
As an independent community bank, we’ve had a hand in helping southeastern Massachusetts flourish since 1872. In 2020, amid one of the most challenging years in U.S. history, we seamlessly united Bridgewater Savings Bank and Mansfield Bank to form Bluestone Bank. Our new brand is grounded in the same strong values that shaped our alliance.
SCU Credit Union, you can take advantage of our full range of deposit accounts, loans, and related services featuring highly competitive rates. We are a leading provider of home and auto financing throughout our service area. We offer the latest technology, which allows you access to your accounts from your home, office or on the go.
HarborOne Bank has been serving the needs of customers and the communities that we call home for over 100 years. Today, HarborOne has 26 branches in southeastern Massachusetts and Rhode Island and commercial lending offices in Boston and Providence. HarborOne Mortgage, headquartered in Manchester
Woodsboro Bank was established in 1899 in response to the growing agricultural, commercial and residential needs of the community. We’re headquartered in a historic three-story, pressed red brick Italianate structure at 5 North Main Street in Woodsboro, that was constructed specifically for the bank in 1901.
602 Center Street, Suite 107, Mount Airy, MD, 21771
Community Mortgage LLC, owning property can quickly turn into a reality. We are highly experienced professionals who will do everything in our power to help you get into an affordable property loan. We will also give you a quick response when Home-page-housedoing so. Our goal is client satisfaction
4713 Crossroads Park Dr, Suite 101, Liverpool, NY, 13088
We help individuals and corporate borrowers secure the necessary capital, whether they need a refi, a stated income loan, fix-and-flip financing, or improvement financing. While some properties are harder to finance than others, most anything can be financed with some expert help. We can finance.
