USDA and FHA Pro and Con in Passaic, Passaic County, NJ
In 2025, the maximum USDA loan amount available in Passaic, located in the county of Passaic, NJ, is $776,600, whereas the FHA loan cap is $1,089,300 for a single-family household.
Leverage the Lendersa® USDA loan calculator to pit today's USDA versus FHA top rates against each other and analyze the income, credit prerequisites, reserves, and documentation necessary for qualification. Employing our comprehensive mortgage calculator, you can examine USDA, FHA, Conforming, and VA options side by side, aiding you to determine the ideal program in tailored to your specific financial circumstances.
2025 Loan Limits and Down Payment Requirements in Passaic, Passaic County, NJ
Type of Loan
Ceiling Amount
Down Payment
USDA
$776,600
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
Insights on USDA and FHA Loan Choices in Passaic, NJ
The mission of Lendersa® is to expedite and streamline your attainment of an optimal USDA or FHA loan. Begin by selecting one of three initiation paths, which lead to compatible lenders and a variety of USDA loan schemes.
A USDA home loan is backed by the government through the Department of Agriculture and is often referred to as a USDA Rural Development Loan or USDA mortgage. These loans are exclusively available in rural communities. Unlike FHA loans, which necessitate a minimum down payment of 3.5%, the USDA mortgage does not require any form of a down payment.
Security First Mortgage Funding is a Mortgage Lender with a Lending Platform designed to meet the needs of Today's Borrower. We have the lowest rates on conventional, Jumbo, FHA, VA and portfolio loans Available. We also specialize in Condo financing. At Security First we have a dedicated team of loan officers & processors.
We’re more than a mortgage lender – we’re comprehensive mortgage planners. Our home loan officers are trained to help you apply for a mortgage loan that supports your financial goals. We offer a variety of home loan programs to fit your individual mortgage needs.This kind of planning may save you money and help you achieve your financial goals.
101 Chesapeake Park Plaza, Middle River, MD, 21220
1949 Credit Union is organized by the employees of the Glen L. Martin Aircraft Company in Baltimore. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups, but primarily serves manufacturing employees. Membership is also open to immediate family of current members.
Residential Mortgage Solutions is both a licensed mortgage lender and broker in several states. We specialize in originating first and second conforming and non-conforming mortgage loans. Some companies can talk about customer service but here at Residential Mortgage we deliver it, loan after loan!
The Wachusett Mortgage Corporation is your premier mortgage broker located in West Boylston, Massachusetts. The ownership team prides themselves on offering some of the most competitive rates in the area and makes the loan process simple and straightforward for borrowers seeking a mortgage in Massachusetts.
Glatco Credit Union was originally started on March 22, 1977 to serve employees of the P.H. Glatfelter Company. Today, membership in GLATCO Credit Union has expanded to include graduates or students of the Spring Grove Area School District, as well as any employee, family member.
In 1928, we were established on the principle of people helping people in our local communities. Today more than ever, we remain steadfast in our commitment to our members and the communities in which we all live and work.
Our employees are encouraged to give back to the community through our PCUnited volunteer initiative
At Seacoast, we are dedicated to always earning clients’ trust before their business. We consult with you, understand your needs and then help you choose the mortgage program that is best for you. Seacoast loan officers and dedicated support staff are here for you 24 hours a day, 7 days a week. Our line is always open.
