USDA Vs. FHA your options comparison in Newark, Essex County, NJ
In 2025, the USDA loan limit for Newark, located in Essex county, NJ, is $0. The FHA limit for a single-family home is $1,089,300.
Utilize the Lendersa® USDA loan calculator to compare current USDA and FHA rates. Determine income, credit needs, reserves, and documentation to qualify. Our advanced mortgage calculator lets you view USDA, FHA, Conforming, and VA loans side by side, facilitating your decision on the best program in for your finances.
2025 Loan Limits and Downpayment Requirements in Newark, Essex County, NJ
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
USDA and FHA Loan Choices in Newark, NJ
Lendersa® aims to secure the best USDA or FHA loan for you quickly and hassle-free. Select from three approaches that match you with lenders and USDA loan programs.
A USDA home loan, backed by the U.S. Department of Agriculture and also called a USDA rural development loan or USDA mortgage, is exclusive to rural areas. FHA loans require a minimum 3.5% down payment, but USDA loans forgo any down payment requirement, enhancing rural home accessibility.
BankFLORIDA serves our customers and community by providing financial services with the highest level of integrity and a superior banking experience. We provide our customers access to a full range of financial products and will work hard every day to exceed their expectations. We strive to be the preferred provider, create customer loyalty
Penpoint Mortgage believes in doing what is in the best interest of the client at all times. That means listening carefully to the client to ascertain what they want and need. It also means educating the client throughout the entire process so that an informed decision can be made.
Monroeville, AL, offers the trusted financial services you deserve. Whether you’re looking to open a checking account or need a mortgage loan on a new home, these experts have the solutions you need. Individuals can look forward to receiving personal attention and helpful advice from knowledgeable bankers.
We are a member owned financial institution that treats its members with respect and absolute concern for their needs while applying a personable touch. We take great pride in our goal – set forth to give “Our Members” the tools to be economically independent – by helping them learn ways to save and educating them to borrow “smart “.
People in the Two Harbors area who believed townspeople could benefit from an alternative to commercial banks founded THFCU in 1948. Founders envisioned a model financial cooperative where people pooled their money for borrowing and would have a safe place to save money. In contrast to a commercial bank, the "credit union
First Iowa State Bank is located in Albia, Iowa, county seat of Monroe County, on the northeast corner of the city square. The original building was built in 1869 and housed a number of businesses until 1922 when it was completely gutted and rebuilt by the Iowa Trust and Savings Bank. The present bank was formed in 1930.
The Northeast Missouri State Bank was originally chartered as Schuyler County State Bank in 1933. The name was changed to Northeast Missouri State Bank in 1988, to better reflect our area of customer service, and the main bank moved to Kirksville, MO. In 2004, the bank expanded by purchasing the LaPlata State Bank.
The Bank of Kirksville began as the wishful dream of a group of men sitting in the back room of the Adair County Miner's Bank of Connelsville. They dreamed of a bank with friendly service, sound financial advice, and a mission to give back to the community around them. With these ideals in place the Bank of Kirksville was issued a state charter.
