Dan Green
Dan Green

Dan Green

Homebuyer.com

Dan Green (NMLS 227607) is a licensed mortgage professional who has helped millions of people achieve their American Dream of homeownership. Dan has developed dozens of tools, written thousands of mortgage articles, and recorded hundreds of educational videos. .

This website discusses mortgage programs and how to qualify. Your eligibility may vary based on lender guidelines and investor overlays. Check with your lender for specific details.

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This article was checked for accuracy as of December 2, 2024. Learn more about our commitments to accuracy and your mortgage education in our editorial guidelines.

Published: December 2, 2024

2025 Conventional and FHA Mortgage Loan Limits for Somerset County, New Jersey

Conforming Loans
FHA Loans
Property Type
2025 Loan Limit
1-Unit Homes
$1,209,750
2-Unit Homes
$1,548,975
3-Unit Homes
$1,872,225
4-Unit Homes
$2,326,875
Source: Federal Housing Finance Agency; Federal Housing Administration

Somerset County, New Jersey, mortgage loan limits apply in:

Somerset County 2025 mortgage loan limits include the following cities: Basking Ridge, Bedminster, Bedminster (Township), Belle Mead, Bernards, Bernardsville, Blackwells Mills, Blawenburg, Bound Brook, Bradley Gardens, Branchburg, Bridgewater, Bridgewater Center, Clyde, East Franklin, East Millstone, East Rocky Hill, Far Hills, Finderne, Flagtown, Franklin, Franklin Center, Franklin Park, Green Brook, Green Knoll, Griggstown, Harlingen, Hillsborough, Hillsborough (Township), Lamington, Liberty Corner, Lyons, Manville, Martinsville, Middlebush, Millstone, Montgomery, Neshanic, North Plainfield, Peapack and Gladstone, Pleasant Plains, Pluckemin, Raritan, Rocky Hill, Six Mile Run, Skillman, Somerset, Somerville, South Bound Brook, Ten Mile Run, The Hills, Voorhees, Warren, Watchung, Weston, Zarephath
2025 Mortgage Loan Limits - Conforming, FHA, and High-Cost Area
Video Length: 06:51

Historical Charts: Mortgage Loan Limits in Somerset County, New Jersey

Somerset County mortgage loan limits adjust annually to match changes in the FHFA House Price Index.

Conforming Loans
FHA Loans

Mortgage Statistics from Somerset County, New Jersey

Somerset County mortgage statistics are sourced from the FFIEC, which collects anonymous HMDA mortgage data from U.S. mortgage applications.

Mortgages
Total
Purchase Mortgages (2018-2023)
21,041
Loan Type
Relative Share
Conventional
87.34%
FHA
10.76%
VA
1.89%
USDA
0.01%
Property Type
Relative Share
1-Unit Homes
97.77%
2-Unit Homes
2.00%
3-Unit Homes
0.16%
4-Unit Homes
0.07%
Borrower Status
Relative Share
One Applicant
52.52%
Two or More Applicants
47.48%
Gender
Relative Share
Male
33.76%
Female
19.48%
Joint Sex
40.71%
Not Available
6.05%
Race
Relative Share
American Indian / Alaska Native
0.17%
Asian
25.73%
Black / African American
6.58%
Native Hawaiian / Other Pacific Islander
0.11%
White
49.68%
Mixed Race
2.74%
Other Race
15.00%
Ethnicity
Relative Share
Hispanic or Latino
11.14%
Not Hispanic or Latino
72.25%
Joint Ethnicity
2.72%
Other Ethnicity
13.89%
Somerset County data represents closed-end, first-lien purchase mortgages for 1-4 unit residential properties since 2018. Source: FFIEC Home Mortgage Disclosure Act

Mortgage Loan Limits Near Somerset County, New Jersey

2025 conforming and FHA mortgage loan limits for for the areas surrounding Somerset County, New Jersey. Local loan limits and county-level mortgage data updated regularly.

View Nearby Counties:

Hunterdon County, New Jersey
Mercer County, New Jersey
Middlesex County, New Jersey
Morris County, New Jersey
Union County, New Jersey
National Data

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© 2021-2024 All rights reserved. Member FDIC. Equal Housing Lender. Novus Home Mortgage, a division of Ixonia Bank, NMLS #423065. The website is not available in Connecticut, New York, Washington, Hawaii, and Alaska. Growella is not licensed or registered to engage in mortgage loan origination activities for mortgage loans on 1-4 family residential properties located in New York. This website is not approved by the state of New York. A self-directed mortgage means the customer provides application information and selects loan terms independently. Guidance from a loan officer is available for informational purposes only. This process is not fully automated and does not increase the likelihood of mortgage approval compared to a typical mortgage application. All applications are subject to standard underwriting and approval criteria. This website has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture, or any other government agency. US government agencies have not reviewed this information, and this site is not connected with any government agency.