USDA and FHA Pro and Con in Watchung, Somerset County, NJ
In 2025, USDA loan limit in Watchung, county of Somerset, NJ is $776,600 while FHA limit is $1,089,300 for a single-family home.
Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.
2025 loan limits and downpayment requirments in Watchung, county of Somerset, NJ
Loan Type
Loan Limit
Down payment
USDA
$776,600
0%
FHA
$1,089,300
3.5%
Conventional Conforming
$1,089,300
3%
USDA and FHA loan options in Watchung, NJ
Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.
USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
Our mission is to provide financial services that are beneficial to anyone who lives, works, worships, or attends school in Catahoula, Grant, LaSalle, Rapides, & Winn Parishes, Vernon Parish school employees, & Union Tank Car Company employees. Cenla Federal Credit Union is committed to serving our members.
District 08 State Highway Employees Federal Credit Union, Charter No. 14651 came to it's being after an Organization Certificate was prepared and signed on October 12, 1961 and approval received on the 31st day of October 1961. District 08 Federal Credit Union was chartered under federal law.
In September 1952 a few concerned employees of the Baptist Hospital saw the need for a way to provide much needed financial services to their fellow workers. The credit union opened with 8 charter members as Baptist Hospital Employees Federal Credit Union. In March 1971 the name was changed to Rapides General Hospital Employees FCU.
Southern Heritage Bank is an independently owned community Bank with a concern for meeting the financial needs of the residents of Rapides, Catahoula, and LaSalle parishes. Southern Heritage Bank is currently celebrating 44 years of service to residents of Lasalle, Catahoula and Rapides Parishes!
1412 Centre Court Dr, Suite 101, Alexandria, LA, 71301
In 1999, a group of Louisiana community/business leaders founded Red River Bank on the ideals of community banking. Today we've grown to a statewide footprint, and that community commitment is stronger than ever.
The origins of Red River Bank can be followed all the way back to the very heart of Louisiana. There, near the banks of the Red Rive
At Magnolia State Mortgage, LLC in Alexandria LA. We understand that situations such as your finances, your goals, are unique and you’re searching for Loan Programs that fit your needs. At Magnolia State Mortgage, meeting those specific needs with the right products and services is our commitment.
La Terre Federal Credit Union is organized & dedicated to providing affordable financial services & products to our member-owners. Members can rest assured that our credit union is financially strong and that we operate using sound business practices. Our focus is to continue the growth of our credit union while providing excellent member service.
In 1967, ten Terrebonne Parish School System Employees (Mr. L. L. Streams, President, Mrs. Genevieve Gauno, Mr. W. J. Danks, Mrs. Helen C. Bryant, Mrs. Evelyn T. Johnson, Mrs. Martha L. Townsend, Mrs. Fledia W. Calloway, Mrs. Estelle M. Moseley, Mrs. Hazel Hawkins Navarre and Mr. Willie W. Gaither).
At South Louisiana Bank, we offer a real commercial banking advantage over the big banks in our area. We pride ourselves on local decision making and servicing of our commercial loans. Our commercial lending staff is well versed in all aspects of corporate finance and they provide a customer-focused approach to banking.
