USDA Vs. FHA your options comparison in Jefferson, Morris County, NJ
For 2025, the USDA loan limit in the city of Jefferson, within the county of Morris, state of NJ, is established at $776,600. In comparison, the FHA limit for securing a loan on a single-family home is determined at $1,089,300. This vital information is crucial for potential homebuyers to understand their borrowing capacity in these regions.
To compare the most favorable USDA and FHA rates available today, you can utilize the Lendersa® USDA loan calculator. This tool assists in identifying the income, credit, reserves, and documentation needed to meet qualification criteria. Our advanced mortgage calculator allows for a comprehensive side-by-side analysis of USDA, FHA, Conforming, and VA loans. This detailed overview aids in effectively determining the ideal program for your unique financial needs, especially in regions such as .
Insights on 2025 Loan Limits and Downpayment Requirements in Jefferson, Morris county, NJ
Loan Type
Maximum Loan Limit
Down Payment Requirement
USDA
$776,600
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
Exploring USDA and FHA Loan Opportunities in Jefferson, NJ
The objective of Lendersa® is to swiftly and efficiently provide you with the most suitable USDA or FHA loan options. Choose from three available starting paths, each designed to align you with compatible lenders and explore suitable USDA loan programs that meet your criteria.
A USDA home loan is backed by the government’s Department of Agriculture. Commonly referred to as a USDA rural development loan or USDA mortgage, these financial products are available exclusively in rural neighborhoods. Unlike FHA loans, which mandate a minimum down payment of 3.5%, the USDA mortgage allows for zero down payment, offering a remarkable advantage for eligible borrowers in rural areas.
Landmark National Bank’s roots trace back to April 22, 1885, when it was originally chartered under the name Manhattan Buildings & Savings Association. As our bank’s footprint has expanded over the last century, our name has changed to reflect the growing number of communities we serve throughout Kansas and beyond.
SELH Federal Credit Union has been approved for a Charter change to serve the healthcare industry in the cities of Abita Springs, Mandeville, Covington, and Lacombe, LA. This change allows us to offer membership to any worker in the healthcare industry working in any of the cities approved.
LTV Properties is a local Louisiana Equity Lender that specializes in hard money loans with no credit, income, or residency requirements. We offer fast closings and loan our own money. We have been doing business in the state of Louisiana for 11 years with over 120 years of personal, residential, and commercial lending experience.
211 W Causeway Approach, Suite A, Mandeville, LA, 70448
Alpha Mortgage was formed in 1997 in Mandeville, Louisiana. It operates as a mortgage broker office and is licensed by the state of Louisiana. Experienced loan officers include Jimmy Briant and Neal Clark with forty-two years of experience. Several types of loans are offered, such as, conventional, FHA, VA, USDA, and reverse mortgages.
800 N. Causeway Blvd, Suite 2B, Mandeville, LA, 70448
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.
We are proud to serve YOU, the community, as a mutual savings bank. We are not owned by a family or a group of wealthy shareholders. We are owned by YOU, our customers, and we work for YOU for the betterment of the bank and community as a whole. Our decisions are made locally, by local people, with you and the future of the community in mind.
The Bank of Steinauer was established in 1888, but was not expected to transact much business. However, it soon became an essential part of the community, and needed to be properly organized and equipped with experienced help. Because of his advanced age, Joseph put his son, John, in charge of the bank as cashier.
"Express Mortgage has been serving Arklahoma proudly for over 10 years. We look forward to answering any questions you may have regarding our services.
Express Mortgage offers every mortgage product imaginable ... conforming FNMA/FHLMC ... government FHA ... reverse mortgage ... and VA. Our expertise lies in outstanding customer service"
1590 W Causeway Approach, Suite 4, Mandeville, LA, 70471
"Nations Loan Services specializes in the United States Department of Agriculture (USDA) Business and Industry (B&I) loan program.
Nation Loan Services understands the processes required for government loan approval and work to expedite the process for each of our borrowers and banks.
