USDA Vs. FHA Pro and Con comparison in Mount-Arlington, Morris County, NJ
For the year 2025, the USDA loan limit for Mount-Arlington in Morris county, NJ is $657,900, whereas the FHA limit for a single-family dwelling is $822,375.
Leverage the Lendersa® USDA loan calculator to evaluate the current USDA versus FHA rates. Determine the necessary income, credit, reserves, and documentation needed to qualify. Our advanced mortgage calculator allows you to compare USDA, FHA, Conforming, and VA loans side by side, assisting you in choosing the most beneficial program in for your unique financial situation.
Loan Limits and Downpayment Requirements for 2025 in Mount-Arlington, Morris County, NJ
Loan Type
Loan Limit
Down Payment
USDA
$657,900
0%
FHA
$822,375
3.5%
Conventional Conforming
$822,375
3%
Exploring USDA and FHA Loan Opportunities in Mount-Arlington, NJ
Lendersa® aims to swiftly secure you the optimal USDA or FHA loan while eliminating hassle. Begin your journey from three key starting points that connect you with lenders and USDA loan programs.
A USDA home loan is backed by the U.S. Department of Agriculture and is also known as a USDA rural development loan or USDA mortgage, exclusively available in rural communities. Unlike FHA loans that require at least a 3.5% down payment, a USDA mortgage requires no down payment.
2720 South River Road, Suite 50, Des Plaines, IL, 60018
To provide consistent and predictable growth to our organization by delivering reliable and exceptional services to our clients. At PRIME 1 BANCORP, LTD. we believe that in understanding and satisfying the financial needs of our clients we are creating a significant value for them as well as creating rewarding experiences for our company.
2340 S. River Rd, Suite 120B, Des Plaines, IL, 60018
Lendonia strives to provide its clientele with relevant information, honest advice, impeccable service and quality financial products in a professional and efficient manner. Ultimately we strive to provide absolute financial solutions. The Lendonia team helps first-time home buyers, homeowners looking to refinance their property.
2860 South River Road, Suite 400B, Des Plaines, IL, 60018
PCF, we are a local Mortgage firm, and we pride ourselves in helping every family find the best program available for their home purchase or Refinance, many times with lower rates, up to .5% to .75% lower than other lenders, helping keep your mortgage payments low. and also Will work on getting your loan completed in an efficient manner.
9700 W. Higgins Road, Suite 300, Des Plaines, IL, 60018
"Wintrust Mortgage, in business since 1981, was created for the purpose of assisting in the realization of the American dream of home ownership. Since that time, Wintrust Mortgage has weathered the
ever-changing real estate market and is part of Wintrust Financial Corporation, a well capitalized,"
9525 W. Bryn Mawr Ave, Suite 400, Rosemont, IL, 60018
Interfirst’s commitment to high quality loan origination is demonstrated by our company’s focus on providing high quality customer service, which is a priority at every level of the organization. At Interfirst, we take pride in our responsiveness to our customers and in our common sense approach to mortgage origination.
2800 S River Rd, Suite 200, Des Plaines, IL, 60018
Ultimate Rate Mortgage we’re a local, mortgage lender whose cornerstones are hard work and customer service! We listen to our clients, uncover their needs and find the best product and programs that fits. With over 40 years of experience, our highly qualified team can expertly guide you through the process from application through closing
Alliant is a not-for-profit financial cooperative, which means all of our members are also owners, and we constantly strive to foster our members’ financial well-being and serve their best interests. We offer award-winning rates, allowing our members to save more and earn more. Alliant also provides members with retirement and investment services.
Hinsdale Bank & Trust Company, National Association
25 E 1st St, Hinsdale, IL, 60521
Hinsdale Bank & Trust offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts.
We're committed to building lifelong relationships with our clients and partners. Our vast lending knowledge, personalized service and latest technology will get you to the closing OnTime. Our staff will meet your needs quickly and accurately. We work for you and will honor that relationship with great service.
1333 Burr Ridge Parkway, Suite 200, Burr Ridge, IL, 60527
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.
