USDA Vs. FHA Pro and Con comparison in Six-Mile-Run, Somerset County, NJ
In 2025, the USDA loan cap in Six-Mile-Run, within Somerset county, NJ, is set at $657,900, whereas the FHA ceiling for a single-family home is $822,375.
Utilize the Lendersa® USDA loan calculator to compare today’s optimal USDA and FHA rates. Assess the necessary income, credit, reserves, and required documentation to qualify. Our advanced mortgage calculator allows you to compare USDA, FHA, Conforming, and VA loans side-by-side, aiding you in selecting the most suitable program in for your specific financial circumstances.
2025 Loan Limits and Down Payment Requirements in Six-Mile-Run, Somerset County, NJ
Loan Type
Loan Limit
Down Payment
USDA
$657,900
0%
FHA
$822,375
3.5%
Conventional Conforming
$822,375
3%
USDA and FHA Loan Choices in Six-Mile-Run, NJ
Lendersa® aims to quickly and effortlessly connect you with the ideal USDA or FHA loan. Choose from one of three starting points that link you with lenders and the USDA loan programs.
A USDA home loan, supported by the government's Department of Agriculture, also known as a USDA rural development loan or mortgage, is exclusive to rural areas. Unlike FHA loans requiring at least a 3.5% down payment, the USDA mortgage demands no down payment.
Clare Bank was originally started as State Bank of Platteville in 1905. Clare Bank is a strong community bank in Southwest Wisconsin with eight locations. There are seven locations in Grant County and one in Lafayette County. The main branch is located in Platteville and the seven remaining branches are conveniently located within 30 miles.
For over 100 years, that’s how banking has been at The First National Bank of Beardstown, Murrayville & Winchester. We’re dedicated to helping you in any way we can with a full line of financial products delivered by caring, experienced professionals. Thank you for choosing us for your financial needs.
Valley State Bank is a locally owned and operated bank that was formed with one simple operating principle: To provide the members of our community with the best financial services to help them achieve their financial goals.Our staff here at Valley State Bank has decades of experience in banking.
Community Spirit Bank was the town of Red Bay’s first bank. We opened with the name Bank of Red Bay on June 11, 1908 in the Red Bay Hotel. Our roots run deeper than any other business in this community. We pride ourselves on being a true community bank and serving the citizens of our communities.
CB&S Bank is a leading community Bank with over $2 billion in assets, headquartered in Russellville, Alabama. We operate 56 branches in the Alabama, Mississippi, and Tennessee markets and employ more than 500 people. We are a local, community Bank with proven success and staying power.
Gas & Electric Credit Union proudly serves employees and retirees of MidAmerican Energy, the City of Rock Island, BITCO Insurance, Illinois Casualty Company, Rock Island Corps of Engineers, Friendship Manor, Rock Island Milan School District, Downtown Rock Island District Businesses and many other local, small businesses
Elite Mortgage Partners is here to provide you with an industry leading mortgage experience while offering the comfort of doing business with a local, Alabama based, company. With 36 years of experience in the mortgage industry, Callie Hill and Nina Noble know what it takes to make sure your loan is done fast, easy and right.
Weather its a first home or a dream home, let me help you through the process of making it YOUR home.
Stewart Holt's goal is to work with you to find the best financing fit possible to get you into your new home, no matter how complex. With 19 years in mortgage finance, I've made it my specialty to work with difficult
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
