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.
11023 Eucalyptus Street, Suite 100, Rancho Cucamonga, CA, 9173
Best Capital Funding- Rancho Cucamonga Our mission is to be the premier Mortgage banker in the communities we serve. We are dedicated to promoting the American Dream and devoted to cultivating genuine personal relationships by partnering with our customers to fulfill their unique financial needs.
11 Capital Finance, LLC is one of the largest full service commercial loan brokerages in the United States. We are the conduit to hundreds of billions of dollars annually. Our specialty is commercial real estate lending from $100k to over $100million+. We consider all property types and credit profiles.
Cochise Credit Union was state chartered in 1958 in Willcox, AZ to serve the financial needs of Sulphur Springs Valley Electric Cooperative (SSVEC) employees and their families. Over the years the credit union has expanded their field of membership to serve the following zip codes: 85643, 85644, 85625, 85605, 85606,
SEAFCU is a not-for-profit, member owned financial institution dedicated to providing our members with excellent service and products. This service will be delivered with the utmost professionalism of our employees. We will earn the trust of our members through recognition of our responsibility to make safe and sound business decisions.
St. Pat’s Employees Federal Credit Union has as its mission the responsibility for providing an efficient, effective, and well-managed financial institution that meets the needs of its membership. In order to accomplish this mission, the St. Pat’s Employees Federal Credit Union will continue a sound yet progressive asset management strategy.
Our story began in 1913 when several gents in Libby Montana got together and decided it would be a fine idea to create a bank dedicated to helping the community prosper and grow. Since that day, that small local bank has grown to ten branches serving eight western Montana communities.
We offer a full range of deposit and loan services, featuring some of the most competitive rates in the country. One of our specialties is government-enhanced loans such as those provided in conjunction with the Montana Board of Investments, the Small Business Administration, the U.S. Department of Agriculture, and other state and federal programs.
Mann Mortgage is a trusted and family-owned home lending company based in Montana & licensed in 30+ states. We offer conventional loans, renovation loans, innovative construction loans, and reverse mortgages. Since our humble beginnings in 1989, Mann Mortgage has held true to our founding values, and has created a reputation of quality support and
Three Rivers Bank of Montana is a place where you can still get to know your banker, get personalized attention and quick answers because we are independently owned and locally operated. We are a vital contributor of time, talent, and resources to the community we serve. We are dedicated to enhancing our shareholders value.
