USDA and FHA Pro and Con in Somerville, Somerset County, NJ
In 2025, the USDA loan cap for Somerville, situated in Somerset, NJ, is $776,600, while the FHA limit for a single-family residence is $1,089,300.
Utilize Lendersa®'s USDA loan calculator to compare current USDA and FHA rates, assessing required income, credit, reserves, and documents for qualification. Our comprehensive mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA options to help you choose the best program in for your financial scenario.
2025 Loan Limits & Down Payment Requirements in Somerville, Somerset, NJ
Loan Type
Limit
Down Payment
USDA
$776,600
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
USDA and FHA Options in Somerville, NJ
Lendersa®'s aim is to quickly secure optimal USDA or FHA loans without hassle. Start with one of three pathways to find matching lenders and USDA programs.
The USDA home loan, backed by the Department of Agriculture, also called a USDA rural development loan, is for rural areas. Unlike FHA loans needing a 3.5% down payment, USDA loans require none at all.
4 Summit Park Drive, Suite 200, Independence, OH, 44131
NLC Loans support your personal goals and dreams so that you and your family can live the life you want and deserve. Whether you’re buying your first home, your next home, or refinancing, we’ve got your back. NLC Loans is a leading, full-service, residential mortgage lending and mortgage refinance company.
"Liberty Home Mortgage operates with a focus on a very simple goal - to lead the industry in customer satisfaction and to set a new standard by which our industry operates.
Liberty Home Mortgage Representatives are available seven days a week. We even have a customer care line which current customers can call to get answers"
Faith Credit Union was initially organized to meet the financial needs of members of Cleveland’s Second Mt. Sinai Baptist Church. Since then the credit union, which is a not-for-profit and tax-exempt entity under the Internal Revenue Code, has expanded community-wide and now provides a full range of credit, savings, transaction services.
Williamstown Bank, Inc. is a locally owned and operated community bank serving Wood County, WV and the surrounding area. Founded in 1919, Williamstown Bank understands the needs of customers evolve over time, and we are excited to offer a unique blend of the most up to date technology with the personalized service
First Flight Federal Credit Union is a full-service financial institution that has been serving members around the world since 1952. With branches across the state, First Flight serves a broad membership including residents in many area communities and employees of a variety of industries
Ohio’s First Class Credit Union (OFCCU) is a full service financial institution established in 1932, as Cleveland Postal Employees Credit Union (CPECU). It was the idea of several postal employees who came together because they wanted to help fellow postal employees. They pooled money together to make low interest loans to coworkers.
2921 Community College Avenue, Cleveland, OH, 44115
The Ohio Educational Credit Union (OHecu) is a full-service financial institution. Our goal is to recognize and understand the unique financial needs of our individual members and fulfill those needs through a variety of diversified products. Credit Union (OHecu) is a full-service financial institution.
1900 Superior Avenue E, Suite 126, Cleveland, OH, 44114
We are the arts community’s credit union, offering products designed to meet the unique professional and personal needs of the art & music community. Our services range from competitive checking and savings accounts to low-interest credit cards, creative arts project loans and our specialty: musical instrument loans.
