USDA and FHA Pro and Con in Chatham, Morris County, NJ
In 2026, the USDA loan ceiling for Chatham, located in Morris county of NJ, is $776,600, while for a single-family home, the FHA limit is $1,089,300.
Utilize the Lendersa® USDA loan calculator to compare the top USDA and FHA rates available today and assess the income, credit, reserves, and all documents needed for qualification. Our enhanced mortgage calculator showcases USDA, FHA, Conforming, and VA programs side by side, helping you decide which option in suits your financial needs the most.
2026 Loan Limits and Down Payment Requirements in Chatham, Morris county, NJ
Loan Type
Loan Limit
Down payment
USDA
$776,600
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
USDA and FHA Loan Options in Chatham, NJ
Lendersa® strives to connect you to the best USDA or FHA loan quickly and effortlessly. Choose from three starting options that align you with lenders and the USDA loan programs.
The USDA home loan, guaranteed by the Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, is specifically for rural areas. Unlike FHA loans, which require a minimum of 3.5% down payment, the USDA mortgage involves no down payment at all.
FDU Federal Credit Union Founded in 1965, Fairleigh Dickinson University Federal Credit Union (FDU FCU) is a federally chartered credit union serving the University's students, faculty, and staff. Since then, many other local businesses and organizations have joined FDU FCU. As a non-profit, FDU FCU strives to support members in achieving.
Our firm is one of America’s largest privately owned national real estate investment bankers. As institutional advisors and mortgage servicers for 31 institutional investors we have the credibility and expertise to provide counsel on where to source the most competitive capital across the spectrum of real estate asset classes.
Advanced Financial Federal Credit Union membership is available to anyone who lives, works, goes to school in Union or Essex County, NJ. We offer members a full range of financial services, similar to banks. We offer residents an alternative to the costly services of mega-banks & the option of a financial institution under local ownership.
25 Lindsley Drive, Suite 209, Morristown, NJ, 07960
Lends in New Jersey
Our mortgage representatives specialize in providing home loans to first time home buyers and FHA purchases in Morris County as well the greater New Jersey and New York state area. We deliver an unparalleled level of service and the lowest possible loan rate in the business. Upon this – we have built our reputation, for over a decade
"We are a full service mortgage broker in Morristown, New Jersey with an experienced staff offering expertise in every area of mortgage lending from purchase to refinance to reverse mortgages. 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"
200 Connell Drive, Suite 4000, Berkeley Heights, NJ, 07922
Lends in New Jersey
Ready Capital is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans.We specialize in loans backed by commercial real estate, including agency multifamily, investor and bridge as well as SBA 7(a) business loans. Headquartered in New York City.
Atlantic Health Employees Federal Credit Union was originally Chartered on June 6, 1974 as Overlook Hospital Employees' Federal Credit Union to serve the employees of Overlook Hospital. Since then, the credit union has expanded its charter to offer its services to other groups associated with the hospital.
100 South Jefferson Road, Suite 105, Whippany, NJ, 07981
Lends in New Jersey
America’s Mortgage Lender is currently licensed in eight states as mortgage bankers and rapidly growing. Our seasoned staff will help with your mortgage including purchase, refinance, HARP, VA, FHA, Homestyle, 203K loans, commercial loans, and more. Home loan financing with America’s Mortgage Lender means a hassle-free mortgage that closes on time.
