In 2025, the USDA loan limit within Mountain-Lakes in the county of Morris, NJ stands at $657,900, whereas the FHA sets its limit at $822,375 for single-family homes. This distinction highlights different financing options available for potential homeowners.
By using Lendersa®'s USDA loan calculator, you can easily compare today's top USDA versus FHA rates. This tool assists in determining the necessary income, credit, reserves, and documentation for qualification. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA loans side by side, guiding your selection of the most suitable program for your financial conditions in
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| Loan Type | Loan Limit | Down Payment |
| USDA | $657,900 | 0% |
| FHA | $822,375 | 3.5% |
| Conventional Conforming | $822,375 | 3% |
Lendersa® aims to quickly secure the optimal USDA or FHA loan for you, with no stress involved. Begin with one of three entry points leading to matching lenders and USDA loan programs.
The USDA home loan, guaranteed by the U.S. Department of Agriculture and commonly known as a USDA rural development loan or USDA mortgage, is specifically available in rural areas. Contrasting with FHA loans that require at least a 3.5% down payment, USDA mortgages do not demand any down payment whatsoever, providing a unique opportunity for eligible borrowers in these regions.
Enter your location to find out if it qualifies for USDA rural housing loan?
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