USDA and FHA Pro and Con in Franklin-Park, Somerset County, NJ

In the year 2025, for Franklin-Park within Somerset county, NJ, the USDA loan maximum is $657,900, whereas for a single-family dwelling, the FHA limit is $822,375.

The Lendersa® USDA loan calculator is designed to help you compare the finest rates between USDA and FHA. It identifies the income, credit rating, reserves, and paperwork necessary to qualify. With our advanced mortgage tool, view USDA, FHA, Conforming, and VA loans side by side, assisting in finding the right program for your specific financial needs in .

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2025 Loan Ceilings and Deposit Needs in Franklin-Park, Somerset, NJ

Type of Loan Max Loan Down Payment
USDA $657,900 0%
FHA $822,375 3.5%
Conventional Conforming $822,375 3%

Exploring USDA and FHA Loan Solutions in Franklin-Park, NJ

Lendersa® endeavors to provide you with the most favorable USDA or FHA loan promptly and without difficulty. Choose from three paths that link you with lenders and the USDA loan offerings.

Lendersa USDA loan request and matching results

Understanding the USDA Loan in NJ

The USDA home loan is supported by the Department of Agriculture, also called the USDA rural development loan or mortgage, and is exclusive to rural areas. Unlike FHA loans which require at least a 3.5% down payment, a USDA mortgage doesn’t require any down payment.

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



  • HomePromise Corporation
  • 60 South Washington Street, Suite 106, Greencastle, PA, 17225
  • HomePromise helps you find the loan that is right for you.We make the entire lending process easy, fast, & more efficient—& we do it all with a passion for helping you get the money you need & the respect you deserve.Whether you want to pay off high interest credit cards, refinance, or simply need cash, HomePromise can help you get the loan you nee
  • MCTFCU
  • 39 Market Street, Amsterdam, NY, 12010
  • Since 1960, MCT has been creating financial solutions for the people who live and work in Montgomery County. If you’ve been thinking about joining us, what’s stopping you? We accept members from most local businesses, and if your employer isn’t on our list yet, it’s easy, fast, and free to sign on.
  • Hometown Mortgage Corp
  • 4200 State Hwy 30, Amsterdam, NY, 12010
  • Hometown Mortgage Corp. our mission is to set a high standard in the mortgage industry.We are committed to quality customer service - putting the people we serve 1st.Take advantage of our expertise in the residential lending industry by applying online today.You will find that the skill, professionalism & consideration we give to each of our client
  • Your Mortgage Genie LLC
  • 13205 Sunfield Terrace, Fort Washington, MD, 20744
  • We are a full-service mortgage company for first-time homebuyers servicing MD, Washington DC, VA, and FL. We specialize in Residential Real Estate Loans with options to UNLOCK YOUR DREAMS.What makes Your Mortgage Genie unique is we strive to meet individual goals by offering customized products and investment tools to service your individual goal
  • Potomac Trust Mortgage Company LLC
  • 10009 Indian Queen Point Road, Fort Washington, MD, 20744
  • Potomac Trust Mortgage we are committed to providing customers with the best service and rates available. We are a local company who’s professional staff goes above and beyond to assist our clients with the entire loan process. Our goal is to make the loan process as simple and stress-free as possible.
  • First Savings Mortgage Corporation
  • 8444 Westpark Drive The Fourth Floor, Mc Lean, VA, 22102
  • FSMC is a private lender for residential financing. We are committed to supporting and helping individuals and families achieve their dream of homeownership in Virginia. We use new and innovating technology to make the application and overall loan process as smooth as possible for each client.
  • Capital Mortgage Corporation INC
  • 3217 N Tacoma St, Arlington, VA, 22213
  • The Capital Mortgage Corp team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
  • Country Bank For Savings
  • 75 Main Street, Ware, MA, 01082
  • We are a state-chartered 1.7 billion-dollar mutual savings bank with offices in central and western mass. We've gone above and beyond for our customers since 1850. We value respect, courtesy, and excellence in service above all. As a mutual bank, we answer our customers first, not to investors.
  • Polaris Mortgage Group, LLC
  • 581 Riverside Drive, Thompson, CT, 06255
  • Polaris Mortgage Group, LLC prides itself in providing affordable financing with World Class Service to clients in both MA and CT. Conveniently located in Thompson, CT, the heart of the Quiet Corner. We offer personal service combined with lower rates and/or lower closing costs as compared with most local lenders!
  • Prosper First Capital
  • 763 Saratoga Road, Suite 4, Burnt Hills, NY, 12027
  • Prosper First Capital have worked hard to build our reputation as an outstanding mortgage brokerage firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state. We're a full-service mortgage broker with an experienced staff offering expertise in every area of mortgage lending.