USDA Vs. FHA Pro and Con comparison in Morris, Morris County, NJ
For 2025, the USDA loan limit in Morris, located in Morris county, NJ, is $776,600. Comparatively, the FHA limit for a single-family home stands at $1,089,300.
Leverage the Lendersa® USDA loan calculator to contrast the best available rates for USDA vs. FHA loans, determining necessary qualifications like income, credit scores, reserves, and required documents. Our sophisticated mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, guiding you to the most suitable program for your financial scenario in .
2025 Loan Ceilings and Down Payment Requirements in Morris, County of Morris, NJ
Loan Type
Loan Limit
Down Payment
USDA
$776,600
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
Exploring USDA and FHA Loan Choices in Morris, NJ
The primary mission of Lendersa® is to secure the most advantageous USDA or FHA loan options promptly and without complications. Choose one of the three introductory paths to discover lenders matching USDA program criteria.
A USDA home loan is a government-backed loan offered by the Department of Agriculture, commonly known as a USDA rural development loan or USDA mortgage, specifically available in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA mortgages do not require any initial down payment.
White Sands Federal Credit Union is a member-owned, not for profit financial cooperative committed to the financial well-being of its members. White Sands Federal Credit Union was chartered in 1952 and has offices in El Paso, Texas, Las Cruces, Truth or Consequences and White Sands Missile Range, New Mexico.
6044 Gateway Blvd E, Suite 210, El Paso, TX, 79905
We work with a network of investors and hard money lenders to get you the deal that works for your project. We are able to find the right solutions for your real estate investment opportunities. We make our terms simple and understandable so you know you are getting the best deal possible.
"The commercial lending market in El Paso, Texas is as
diverse as the people who populate this city. Our vision
of providing premier, non-traditional lending services is
uniquely designed to serve the needs for El Paso, Texas.Our
commitment to you is to deliver these services through our
philosophy of working creatively with our clients."
Home Plate Mortgage was established in 2018. Home Plate Mortgage is owned and operated by Gilbert Madrid. Gilbert has been a Residential Mortgage Loan Originator for over 9yrs. Home Plate Mortgage specializes in VA, FHA, Conventional and USDA loans. They have a wide range of programs to fit your mortgage needs
Mountain Star Federal Credit Union (MSFCU) was formed in 1935 to help serve the financial needs of its members/owners. Our commitment to members needs has resulted in 80 years of success. Today, our credit union is one of the strongest financial institutions in West Texas and Southern New Mexico.
2505 East Missouri Avenue, Suite 240, El Paso, TX, 79903
Patriot Mortgage- NMLS #311157- is a locally owned Mortgage Lender based in El Paso, Texas. Since 1995, Patriot Mortgage has serviced home loans for thousands of El Paso families and is the preferred lender of Tropicana Homes and also Tropicana Homes is the largest and most trusted homebuilder in El Paso. highest quality new homes.
Insight Mortgage Company is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. We will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
550 S Mesa Hills Dr, Suite A-1, El Paso, TX, 79912
Prime Mortgage LLC has a variety of mortgage loan products. FHA, VA, Conventional, Texas Vet,USDA. We also specialize in private mortgage loans. These mortgage loans we fund directly from our office and can assist the "harder" to qualify borrower. Ramsey Esper President of Prime Mortgage LLC.
We specialize in loans that are a little different; credit scores from 500, one day after foreclosure or bankruptcy, and self-employed programs. We offer VA, FHA, and conventional loans with flexible guidelines. If you have been turned down, or you consider your situation unusual, please contact us. We have options.
DJ Jordan Properties utilizes five different funds when offering financing for real estate investors. We were founded in 2004 by Jeff Katz and David Carlin who have bought and sold over 200 properties. It was our goal to provide an alternative financing option for real estate investors. We have offices in El Paso and San Antonio, and we can quic
Neighborhood Mortgage LLC is El Paso owned & provides loans when other lenders cannot.We pride ourselves in providing the best rates available to get your loan approved when it matters most. We’ve worked hard to make El Paso’s dreams of home ownership a reality.You can count on our El Paso, TX team to help you take out a private home loan.
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.
