USDA Vs. FHA Pro and Con comparison in Riverdale, Morris County, NJ
In 2025, the USDA loan limit in Riverdale, county of Morris, NJ is $776,600, compared to the FHA limit of $1,089,300 for a single-family house.
Utilize the Lendersa® USDA loan calculator to compare the most competitive USDA and FHA rates today. Determine the income, credit, reserves, and paperwork necessary to qualify effectively. Our sophisticated mortgage calculator places USDA, FHA, Conforming, and VA loans side by side to guide your choice in , ensuring the best fit for your financial situation.
2025 Loan Limits and Down Payment Requirements in Riverdale, Morris, NJ
Type of Loan
Loan Cap
Down Payment
USDA
$776,600
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
Exploring USDA and FHA Loan Opportunities in Riverdale, NJ
Lendersa® is committed to securing the top USDA or FHA loans quickly and easily. Choose one of three paths to find matching lenders and USDA loan options.
The USDA home loan, endorsed by the U.S. Department of Agriculture and often referred to as a USDA rural development loan or USDA mortgage, is intended for rural areas. Unlike FHA loans, which mandate a 3.5% minimum down payment, USDA loans require none, offering a zero down payment option.
Kimberly Richards President has been in the industry since 1985. She has worked as a forensic underwriting auditor with the federal government and private investors; operated several mortgage branches in TN, TX, GA, MS, and AL; and knows every step of a loan from beginning to end.
Y-12 Federal Credit Union is a federally chartered not for profit organization, owned by its members, offering a wide range of financial services to its members/owners. The Credit Union was chartered in 1950, to serve the employees of the Union Carbide Y-12 Nuclear Weapons Production Plant.
2855 Charlestown Road, Suite 300, New Albany, IN, 47150
At Riverside Mortgage we make a commitment to you: we will help you qualify, apply and be approved for the best mortgage that’s right for you. A successful mortgage starts with a personal touch with our one-on-one meetings to understand your financial goals as well as what you can afford before you shop.
3001 Charlestown Xing Way, Suite 3, New Albany, IN, 47150
We pride ourselves in delivering dynamic and accessible services to each client because we know that this purchase is part of your story.Every signature tells a story that’s as unique as its writer. That’s why when you make the decision to finance your home through Signature Mortgage.
At Magnolia Mortgage, we understand that every customer has specific needs, thus, we strive to meet those specific needs with superior service and individual attention. Typically you will find similar products and pricing, however, we pride ourselves in giving you an excellent home buying experience.
Kentuckiana Mortgage Group Inc. is a full service mortgage brokerage dedicated to providing a superior customer experience. We utilize a consultative method to mortgage financing with unique and client centered approaches.Kentuckiana Mortgage Group Inc. was founded in October of 2018 by Brad Sea, Eric Jones, and Keith Cullens.
Chemco Federal Credit Union has been serving members since 1967. Today, Chemco Federal is now serving 30 SEGs, with the BFGoodrich Company being our original sponsor group. The Credit Union is a non-profit organization owned and operated by the membership. Each member has ownership in the Chemco Federal Credit Union by their five (5) dollar share.
Beacon Community Credit Union was chartered in 1947 to serve the employees of the Naval Ordnance Station in Louisville, Kentucky and was originally named Louisville Naval Ordnance Plant Employees Credit Union.
With the closure of the Naval Ordnance Plant in 1995, we had to branch out to remain a thriving credit union.
