USDA and FHA Pro and Con in Salem, Salem County, NJ
During 2025, the USDA loan maximum for Salem in Salem County, NJ, reaches $381,800, whereas the FHA limit for a single-family residence stands at $529,000.
Employ the Lendersa® USDA loan calculator to evaluate and compare the most favorable USDA vs. FHA rates today. It helps you understand the income, credit score, reserves, and documentation required for qualification. Our advanced mortgage calculator lets you inspect USDA, FHA, Conforming, and VA side-by-side, aiding your decision on the best program for your financial circumstances in .
Loan limits and down payment needs for 2025 in Salem, Salem County, NJ
Loan Type
Loan Limit
Down Payment
USDA
$381,800
0%
FHA
$529,000
3.5%
Conventional Conforming
$726,200
3%
Explore USDA and FHA loan options in Salem, NJ
Lendersa® is dedicated to providing you with an ideal USDA or FHA loan, swiftly and effortlessly. Pick one of three initial steps that will connect you with lenders and USDA loan solutions.
The USDA home loan is backed by the U.S. Department of Agriculture, known as a USDA rural development loan or USDA mortgage, and exclusively available for rural locales. Unlike FHA loans with a minimum 3.5% down payment requirement, USDA loans require no down payment.
Community State Bank has remained true to the dream of our founders: to provide quality service to the community in which we live and work. We are still going strong, and we hope to be there for every important phase of your life, from buying your first home, to starting your own business, to saving for retirement.
We are a full-service, community bank that supports its customers like family with industry-leading tools and technology backed by a smart, compassionate family of leaders. Our unique family leadership structure gives us the ability to offer flexible banking in an equally unique way--like family.
Fortifi Bank, formerly 1st National, has been Banking with folks just like you for more than 140 years. That means we have been in business since 1876. Over time, the economic landscape changes, but one thing stays the same – people need financial security to build their dreams upon.
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Weather its a first home or a dream home, let me help you through the process of making it YOUR home.
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2131 Data Office Drive, Suite 250, Birmingham, AL, 35244
Mortgage Linc LLC founder of the Mike Giles from Birmigham, Alabama is Alabama's number one Reverse Mortgage Specialist. Mike will guide you step by step to help you fully understand the Reverse Mortgage process. Mike Giles has years of experience and has helped hundreds of people, like you, get control of thier financial future.
2080 Valleydale Rd, Suite 12, Birmingham, AL, 35244
Nu Source Lending has been in business since 2007. We take pride in providing consumers with options. Every consumer situation is different; at Nu Source we make sure those differences equal opportunity and success. Our staff is dedicated to getting the consumer on the right path
AlaTrust Credit Union began helping educators & their families with their financial needs in 1935. What began as Birmingham Credit Union in 1935 to serve the employees of the Birmingham Board of Education, later changed to First Educators Credit Union in 1994 to represent its service to educators & their families throughout the state of Alabama.
"Avadian is the only financial service provider that will go out of its way every day to value you as a person, to make you feel delight and to improve your life.
To fulfill our mission statement, we strive to:
Create unique experiences for our members by providing a family atmosphere, caring staff, affordable prices and innovative"
Classic Home Mortgage was established in 2009. The owners had a vision of simplifying the mortgage process and putting the customers first. Erin Tatum, now sole owner) had worked at several other mortgage companies and saw the flaws in their systems and saw the lack of communication and service to the customers.
At Park Bank we believe drive and ambition come from the heart. That achievement means different things to each of us. And there’s no one way to what’s next.
We find purpose in making each unique vision a reality. Whether you’re seeking a savings account or mortgage, striving for financial independence or prosperity
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