In the year 2025, the USDA loan limit set in Montville, within the county of Morris, NJ is $776,600. On the other hand, the FHA loan cap for a single-family home is $1,089,300. These limits play a crucial role in determining your eligibility and loan parameters when choosing financing options for home purchases in these regions.
Employ the Lendersa® USDA loan calculator to better analyze the prevailing rates between USDA and FHA loans. It assists in identifying the necessary income, creditworthiness, reserve needs, and documentation essential to qualify for these loans. The enhanced mortgage calculator provided allows for a comparison of USDA, FHA, Conforming, and VA programs side by side, ensuring you make an informed decision on which option best fits your financial circumstances. This is especially worthwhile when considering options tailored to areas like .
Comprehensive Guide for 2025 Loan Limits and Downpayment Requirements in Montville, County of Morris, NJ
Loan Type
Maximum Limit
Required Down Payment
USDA
$776,600
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
Exploring USDA and FHA Loan Options Available in Montville, NJ
Lendersa®’s mission is to swiftly connect you with the best available USDA or FHA loan options, minimizing any hassle or delay. You have the option to choose from three well-defined pathways, each designed to effectively match you with suitable lenders and USDA loan programs that fit your profile.
A USDA home loan is a government-backed financing option offered by the United States Department of Agriculture. This is commonly referred to as a USDA rural development loan or simply a USDA mortgage and is available exclusively for rural neighborhoods. Unlike FHA loans which require a minimum down payment of 3.5%, USDA loans stand out by not requiring any down payment at all, presenting a significant benefit for eligible buyers looking to invest in rural properties.
Fairmont Federal Credit Union is a not-for-profit financial organization, democratically controlled, owned and operated by our members for the benefit of all who belong.
We operate 9 regional branches with over 120 employees. We are currently one of the fastest growing credit unions in West Virginia with nearly $400, 000, 000 in assets.
Your Credit Union provides and promotes the use of a variety of financial services which feature particular benefits and advantages over those generally available from other banking sources, with the specific intent of helping members gain some particular measure of personal financial success.
Mercer County Community FCU is not just for teachers – we serve all of Mercer County, the surrounding counties of Lawrence, Venango and Crawford in PA; plus Mahoning, Trumbull and Columbiana in Ohio. The Credit Union is a member owned, not for profit organization. The Credit Union is striving to provide desired financial services to its members.
Davis Trust Company was founded on June 17th of 1901 by former US Senator Henry Gassaway Davis. Henry G. Davis is responsible for the formation of many local landmarks in Elkins, WV such as Davis & Elkins College including the historic mansions, Halliehurst and Graceland, as well as Davis Memorial Hospital.
Citizens Bank opened its doors January 22, 1924 and has since continued to be a viable community bank, with many of our employees and officers involved in the respective communities they serve. The Board, management and staff of Citizens Bank remain committed to a long-term, personal approach to banking that puts our customers first and foremost.
The mission of the HomeOwnership Center is to strengthen the communities of North Central West Virginia by creating and supporting successful home owners through mortgage lending, credit counseling, financial advising and home buyer education. Empowering and inspiring families to achieve financial confidence and the dream of home ownership.
Monmouth Federal Credit Union, a branch of Great Falls Regional Federal Credit Union is a member owned credit union. We service members throughout Androscoggin County Monmouth, and Litchfield. We are continually working to bring new products & services to you, our members! We invest in our communities with a variety of events and fundraisers.
554 Joffre Cherry Valley Road, Burgettstown, PA, 15021
Brunot Island Federal Credit Union has as its mission the responsibility for providing an efficient, effective, and well-managed financial institution that meets the needs of its membership. In order to accomplish this mission, the B.I. Federal Credit Union will continue a sound yet progressive asset management strategy
Oxford Federal Credit Union is a not-for-profit financial institution that is owned and run by members like you. Our board of directors is democratically elected by our membership, and all members of Oxford FCU have one vote - regardless of the amount of money they have on deposit.
2583 Blue Grass Valley Road, Blue Grass, VA, 24413
With locations in Blue Grass and Monterey, Virginia, we have been serving our neighbors in Highland County, Virginia, and Pendleton County, West Virginia, as well as surrounding counties, since 1915.
We take pride in providing our customers with a level of sincerity and service unlike any other.
