USDA VS FHA in Plainfield, Union County, NJ

In the year 2025, the USDA loan limit established in Plainfield, located in Union, NJ, is $0. Meanwhile, the FHA loan limit for a single-family home is $1,089,300.

Leverage the Lendersa® USDA loan calculator to compare the current best rates between USDA and FHA loans. Determine the needed income, credit, reserves, and documents necessary for qualification. Our cutting-edge mortgage calculator lays out USDA, FHA, Conforming, and VA options side by side, assisting you in identifying the most suitable program for your financial scenario in .

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2025 Loan Limits and Down Payment Requirements in Plainfield, Union, 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 Options in Plainfield, NJ

The objective of Lendersa® is to provide you with the best possible USDA or FHA loan swiftly and conveniently. Initiate your journey by selecting one of the three starting points leading to matching lenders and USDA loan programs.

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Understanding USDA Loans in NJ

The USDA home loan, guaranteed by the U.S. Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage. It is exclusively available in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA loans do not require any down payment at all.

Enter your location to find out if it qualifies for USDA rural housing loan?



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