USDA Vs. FHA Pro and Con comparison in Springfield, Union County, NJ
During 2025, the USDA loan cap in Springfield within Union county, NJ, is set at $0, whereas the FHA limit for a single-family dwelling is $1,089,300.
Utilize the Lendersa® USDA loan calculator to contrast today's top USDA versus FHA rates. Find out the necessary income, credit score, reserves, and documentation required for eligibility. Our comprehensive mortgage calculator presents USDA, FHA, Conforming, and VA loans side by side, helping you choose the best program for your financial circumstances in .
2025 loan limits and downpayment criteria in Springfield, Union, NJ
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
Exploring USDA and FHA financing options in Springfield, NJ
At Lendersa®, our mission is to facilitate your access to the most suitable USDA or FHA loan efficiently and with ease. You can begin by selecting from three available pathways that match you with lenders and USDA loan services.
A USDA home loan, often referred to as a USDA mortgage or USDA rural development loan, is government-backed by the Department of Agriculture and is specifically available for rural areas. Unlike FHA loans—which require at least a 3.5% down payment—USDA mortgage loans typically do not require any down payment at all.
Dirigo Federal Credit Union services members in the greater Lewiston/Auburn area including Mechanic Falls & South Paris and has for over 60 years!
Dirigo FCU proudly serves the counties of Androscoggin, Cumberland, Franklin, Kennebec, Knox, Lincoln, Oxford, Sagadahoc, Somerset, and York.
East Coast Mortgage Group is a mortgage broker that is located in Auburn, Maine that offers the best rates, terms and fast closings throughout the State of Maine. Since 2007, East Coast Mortgage Group has been a mortgage company that has excelled to meet the needs of Maine communities within Lewiston, ME, Auburn, ME and Portland
T&M Commercial Funding provides equity based lending on all property types. We cater to Investors, brokers, Corporations and sub-prime money borrowers who do not meet the stringent requirements set forth by conventional lenders and banks. Our excellent reputation as a Direct Hard Money Lender has been built on our ability to provide fast financing
Mortgage brokers took a great hit to their reputations during the mortgage implosion that started in 2007. Selfish and self-perpetuating loan officers who had their own financial gain in mind became the unfortunate representation of brokers not having the best interest of their clients in mind during the lending process
Tri State Rail Federal Credit Union is a not-for-profit and member-owned financial institution that has been serving our members since 1949. We offer friendly and personal service, lower interest rates on loans, higher yields on savings and a wide variety of financial products and services.
Tendto Credit Union is really the story of our members. Our “About Us” should be called “About You.” Because, as a cooperative, Tendto operates at the service of the people who bank with us. That’s why we call ourselves Tendto. Because we tend to see things differently. We tend to believe in the community we live in. And most importantly
Marquette Savings Bank is the only remaining locally headquartered bank in Erie & Crawford counties in northwest Pennsylvania. The stake we have in the communities we serve is over 100 years deep. Every dollar stays in our local communities to Mpower business to retain and create jobs, individuals ad families to prosper
I'm Alie Bard and I'd like to thank you for your interest & take this opportunity to tell you a little about myself. I have been in the mortgage industry since early 2009, so you can trust that I have the knowledge & skills necessary to understand complex mortgage rules & regulations, providing you with the perfect loan for your personal needs.
The LISBON COMMUNITY FEDERAL CREDIT UNION is a not for profit, full service financial institution owned by and operated for our Members. The LCFCU was founded in 1959 to serve those who reside or work in the Lisbon, Lisbon Falls and Durham areas. Since that time, this federally chartered, federally insured Credit Union has grown steadily.
