In 2026, the USDA loan limit for Penns-Grove, in Salem county, NJ is $345,000, while the FHA limit is $431,250 for a single-family home.
Use the Lendersa® USDA loan calculator to compare today's best USDA versus FHA rates. Determine the income, credit, reserves, and documentation needed for qualification. Our comprehensive mortgage calculator presents USDA, FHA, Conforming, and VA options side by side, guiding you to pick the best program for your financial situation in
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| Loan Type | Loan Limit | Down Payment |
| USDA | $345,000 | 0% |
| FHA | $431,250 | 3.5% |
| Conventional Conforming | $548,250 | 3% |
Lendersa® aims to swiftly secure the best USDA or FHA loan for you without hassle. Choose one of three pathways that align with matching lenders and relevant USDA programs.
The USDA home loan, officially backed by the U.S. Department of Agriculture, is also called a USDA rural development loan or mortgage, and it's exclusively available in rural areas. Unlike FHA loans which mandate a minimum of 3.5% down payment, the USDA mortgage requires no down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
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