USDA and FHA Pro and Con 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.
Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs
Excel Mortgage Corp, USA was established in 2007 by Ryan Hall and Chris Pappa. Ryan and Chris wanted to take their experience in the industry and expand it to really focus on the client. Meeting with borrowers throughout the process, attending settlements and having a live person answering
Countryside Lending Group LLC is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools.
As a credit union, Energy People is owned and governed by our 1, 350 members. We were founded as a not-for-profit financial cooperative in 1960 by our original members who shared the common bond of employment in Public Service Electric and Gas in Moorestown. The employees pooled their savings and lent money to each other at low interest rates.
Go Loan Go, LLC was founded in the midst of 2020. we have partnered with the nation’s top wholesale lenders to offer you the best mortgage products. Our low overhead allows us to pass the savings to you, while our light footprint keeps us nimble enough to pivot to industry changes.
115 Saint Charles Street, Suite B, Drexel Hill, PA, 19026
Atlantic Finance Group LLC fulfill all of your mortgage needs efficiently. You can rely on us to offer you a variety of mortgage products and also give you the assistance that you need to choose the right product that suits your requirements. You can rely on us to provide you with the latest in financial tools.
Established in 1992, Greentree Mortgage Company is a privately held and a trusted lending organization, helping people realize their home ownership dream. Headquartered in Southern New Jersey, we have been serving the community for over 20 years. We have an A+ rating with the BBB (Better Business Bureau).
Acre Mortgage & Financial Inc. is an Equal Housing Lender. We fully comply with the Equal Credit Opportunity Act (ECOA) and all other Federal regulations. All applicants applying for credit from Acre Mortgage & Financial Inc. will never be discouraged on on the basis of race, color, religion, national origin, sex, military status ,marital status,
General Electric Credit Union is a full-service financial institution. Because it’s your money. Your dreams. And our commitment. Helping you achieve your financial dreams since 1940! We offer student checking accounts, FREE for up to 4 years, VISA Credit Cards at great rates, mortgages, home equity loans & lines with no application or annual fees!
