USDA Vs. FHA Pro and Con comparison in Somers-Point, Atlantic County, NJ
For 2025, the USDA loan limit in Somers-Point, within Atlantic county, NJ, is $285,000. Contrastingly, the FHA cap is $356,362 for single-family homes.
Utilize the Lendersa® USDA loan calculator for a comparison of today’s top USDA versus FHA rates. It helps to assess income, credit requirements, reserves, and necessary documents for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA programs side by side, aiding your decision on the best option in for your financial needs.
2025 Loan Limits & Down Payment Requirements in Somers-Point, Atlantic county, NJ
Loan Type
Loan Limit
Down payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Choices in Somers-Point, NJ
Lendersa® aims to secure you the ideal USDA or FHA loan swiftly and efficiently. You can choose from three starting options that align you with appropriate lenders and USDA programs.
Earmarked for rural areas, the USDA home loan, also termed the USDA rural development loan or USDA mortgage, is backed by the Department of Agriculture. Unlike FHA loans necessitating a 3.5% minimum down, the USDA mortgage requires no down payment.
7300 Carmel Executive Park Dr, Suite 320, Charlotte, NC, 28226
Admiral Home Mortgage, we strive for nothing less than 100% customer satisfaction and will go above and beyond the call of duty to achieve that. Our service and attention to detail stands alone. Admiral Home Mortgage’s loan process is quick and easy. We will always provide more than one option for our clients.
8008 Corporate Center Dr, Suite 206, Charlotte, NC, 28226
LemonBrew Technologies is an innovative, full-service platform consisting of four verticals (LemonBrew Real Estate, LemonBrew Lending, LemonBrew Abstract, and LemonBrew Insurance) that streamlines the real estate process from start to finish.LemonBrew is an end-to-end digital solution that connects home buyers.
Founded in 1954 to provide fair-priced financial services to the employees of Piedmont Natural Gas, Duke Energy and all subsidiaries, later Heritage Propane and AmeriGas, Blue Flame Credit Union continues to be a safe haven for members looking for a safe and sound financial alternative.
7950 Nations Ford Road, Suite 17, Charlotte, NC, 28217
Vibrant Morgage specializes in helping our clients reduce the headaches of refinancing or purchasing a new home. We at Vibrant have more than a decade of experience and have assisted many clients in achieving their goal of homeownership. We do that by simplifying the process and acting as an advocate for our clients.
United Southeast Federal Credit Union was chartered in 1941 to serve employees of the Inter-Mountain Telephone Company. Over the years, our Credit Union has grown to serve the employees of several hundred select employer groups in Tennessee and Virginia. USFCU is owned and operated by its membership.
438 E Wilson Bridge Rd, Suite 105, Worthington, OH, 43085
Liberty Capital Services after graduating from Ohio State University with degrees in finance. As financial planners, we could have remained in the traditional private banking industry, but we decided to embark on a new venture to create a mortgage consulting service like no other.
150 E Wilson Bridge Rd, Suite 350, Columbus, OH, 43085
Priority Mortgage proudly serves our borrowers out of our office in Worthington, Ohio. Founded in 1984 and under the direction of the original owner, Priority Mortgage enjoys an unprecedented reputation in the real estate and financial communities. Over 85% of our borrowers are either repeat customers or have been referred by someone.
Telhio Credit Union has been a strong and stable financial institution in central Ohio since 1934. We are a not-for-profit, full-service financial institution cooperative, meaning our members are owners and can expect to receive high-quality financial services to meet all of their needs. Telhio is strong and safe, and has been serving central Ohio.
Education First Credit Union was established in 1936 by five Columbus City School teachers as a credit union for teachers and their families. From these humble beginnings, the original five employees have grown to nearly 50 with three locations but we have never strayed from our goal of serving Ohio’s educational community.
