For 2025, in Summit, the USDA loan limit within Union county, NJ, is set at $0. In contrast, the FHA loan limit for a single-family home stands at $1,089,300. When considering purchasing a home, these limits are vital to consider.
Utilize the Lendersa® USDA loan calculator to effectively compare today’s top USDA and FHA rates. Determine the necessary qualifications such as income, credit criteria, reserves, and the documentation required to qualify. With our advanced mortgage calculator, you have the unique ability to view USDA, FHA, Conforming, and VA loans side by side. This enables you to determine which financing option is most advantageous for your particular financial circumstance in places like .
Details on 2025 loan limits and down payment necessities in Summit, Union county, 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 loan opportunities in Summit, NJ
At Lendersa®, our mission is to secure you the best USDA or FHA loan quickly, skipping the usual hassles. Select from one of three initial pathways leading to aligning lenders and specific USDA loan programs.
USDA home loans are backed by the United States Department of Agriculture, essentially known as USDA rural development loans or USDA mortgages. These are specifically available for rural communities. Unlike FHA loans that require at least a 3.5% down payment, USDA loans do not mandate any down payment, making them a more accessible option for many potential homeowners in rural areas.
9208 Falls Of Neuse Rd, Suite 101, Raleigh, NC, 27615
Vision Lending service are North Carolina. We strive to help build the community through responsible financing. We provide financial guidance so that you get the best loan product available. Our mission is to build and grow the great state of North Carolina through homeownership.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Our goal at Oak City is to "wow" each of our clients. This means going above and beyond the norm to make each client so happy that he'll tell everyone about it. We also believe attitude is everything, and a positive attitude goes a long way in providing excellent customer service.
Advantage Lending is a continuously evolving mortgage lender committed to customer education & transparency. As a full service mortgage banker we handle the processing underwriting & funding of your loan in-house. This level of control over the entire mortgage application & approval process translates to simplicity
8522 Six Forks Road, Suite 201, Raleigh, NC, 27615
ADRMortgage.com, as a company and individually, have a perfect better business bureau record. While we can't deny that mistakes happen, we employ a 2-person approach to ensuring a smooth closing for your primary (as well as second and investor) home. We have closed over $100, 000, 000 in mortgage loans since 2005 and have 0 BBB complaints.
9350 Falls of Neuse Road, Suite 103, Raleigh, NC, 27615
"At Triangle Lending Group, Inc., you will find an experienced team of professionals dedicated to making your home-financing transaction a remarkable experience.
Triangle Lending Group was established in 2004. We’re a locally owned and operated firm that truly puts our clients first.
7100 Six Forks Road, Suite 335, Raleigh, NC, 27615
LYNK Capital, mortgage lending is in our blood. In fact, we have decades of experience in this business, with members of our team having either owned or held senior positions in numerous mortgage companies, banks, title companies, and other real estate businesses. We’ve also been property investors ourselves.
8414 Falls of Neuse Rd, Suite 202, Raleigh, NC, 27615
Raleigh Mortgage Group, Inc (RMG) is a licensed Mortgage Broker providing financing for properties located in North Carolina.We have been right here on Six Forks Road in Raleigh since 2001.RMG has survived the economic downturn and is up to date and in compliance with all aspects of the recent mortgage reforms & remains locally owned and operated.
Genesis Employees Credit Union has been open since 1973. The credit union has assets totaling $18.98 Million and provides banking services to more than 3, 000 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
Concorde Mortgage is a residential lender that makes a commitment to meet and exceed our customers’ expectations. Our primary customers are Realtors and buyers. Concorde Mortgage was established as an Ohio corporation in 1985. The principle office is at 536 Main St. in Zanesville, Ohio.
ValleyStar Credit Union has been serving businesses and families like yours since 1953. It’s our mission to make banking and managing your finances as easy and convenient as possible. We want to get beyond the dry language of mortgages, loans, accounts and credit cards to what you really care about.
