As of 2026, the USDA loan threshold in Wayne, situated in Passaic, NJ, is set at $776,600. In contrast, the FHA limit for a single-family home stands at $1,089,300.
Leverage the Lendersa® USDA loan calculator to contrast the current USDA and FHA rates, and ascertain the income, credit score, reserves, and documents necessary for qualification. Our advanced mortgage tool lets you compare USDA, FHA, Conforming, and VA loans side by side, enabling you to choose the most suitable program for your financial needs within .
2026 loan limits and downpayment prerequisites in Wayne, Passaic, 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 alternatives in Wayne, NJ
Lendersa® aims to swiftly connect you with the optimal USDA or FHA loan without any inconvenience. Begin with any of the three options available to match with lenders offering USDA loan programs.
The USDA home loan, backed by the government under the Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, is designated for rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA loans require no down payment at all.
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