FHA VS Conventional loan programs in Ankeny, Polk County, Iowa

In the year 2025, the conventional loan limit in Ankeny, located in the county of Polk, IA, is set at $726,200, whereas the FHA limit for a single-family dwelling is $472,030. Understanding these thresholds is essential for potential homebuyers and investors as they plan their finances for real estate acquisitions.

Utilize the Lendersa® Conventional loan calculator to gauge today's exceptional rates across Conventional, FHA, and USDA options. This tool assesses your necessary income, credit standing, reserves, and documents needed for loan qualification. Our advanced mortgage calculator lets you compare side by side Conforming Conventional, USDA, FHA, and VA loans, aiding in selecting the most suitable program in IA for your specific financial scenario.

Review loan offers from a diverse pool of 100 lenders to find the most favorable terms catering to your needs.

2025 Loan Limits and Downpayment Requirements in Ankeny, Polk, IA

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

The comparison is applicable to these zip codes: 50023, 50021. Use this important data to craft your financial plans carefully.

Discover Conventional and FHA Loan Options in Ankeny, IA

Lendersa® is dedicated to providing you with fast and stress-free access to the finest Conventional, USDA, or FHA loans. Begin your journey by choosing one of three strategic approaches, each designed to connect you with lenders offering loan programs matched to your specific needs.

Lendersa USDA loan request and matching results


  • VacationLand Federal Credit Union
  • 2409 E Perkins Ave, Sandusky, OH, 44870
  • VacationLand Federal Credit Union is much more than a place for banking. We live and work in northern Ohio, and we’re dedicated to helping our members and our communities prosper and thrive. Every member of VacationLand Federal Credit Union is part of our family. We care about you and your well-being instead of the bottom line
  • Cummings Mortgage Service
  • 2609 Columbus Avenue, Sandusky, OH, 44870
  • "We specialize in residential mortgages. We offer Conventional, FHA, VA, First Time Homebuyers, Reverse Mortgages, Rural Development, and nonconforming mortgages with a focus on service and low costs. All loans are processed in our office. We are HUD approved and the first licensed mortgage broker in the State of Ohio."
  • TruCommunity Bank
  • 102 North Main Street, Garrison, ND, 58540
  • TruCommunity Bank would become the name of Farmers Security Bank, Garrison State Bank & Trust, and Bank of Turtle Lake. TruCommunity Bank will remain at the heart of our communities and is very dedicated to being the great local banks you know and love. Visit one of our 4 locations in Garrison, Max, Turtle Lake, and Washburn.
  • Central Ohio Mortgage
  • 2057 Stringtown Rd, Grove City, OH, 43123
  • At Central Ohio Mortgage, our approach to mortgage lending is quite different from our competition. It is important to us that our customers are educated on all aspects of the loan and the loan process. We do this in a relaxed, stress-free environment, and we do it according to your schedule.
  • The Justus Sharp Team of NFM Lending
  • 4084 Gantz Rd, Grove City, OH, 43123
  • Justus Sharp has over 19 years of mortgage experience having worked for Finance of America, Wells Fargo, Household Mortgage, Chase Home Finance, Fifth Third Bank, and First Federal Lakewood. For three consecutive years (2008-2010), at Fifth Third Bank, he was recognized in the “Top 3” for all the Loan Officers in the Columbus, Ohio
  • Liberty Capital Services Llc
  • 438 E Wilson Bridge Rd, Suite 105, Worthington, OH, 43085
  • Liberty Capital Services after graduating from Ohio State University with degrees in finance. As financial planners, we could have remained in the traditional private banking industry, but we decided to embark on a new venture to create a mortgage consulting service like no other.
  • Priority Mortgage Corp.
  • 150 E Wilson Bridge Rd, Suite 350, Columbus, OH, 43085
  • Priority Mortgage proudly serves our borrowers out of our office in Worthington, Ohio. Founded in 1984 and under the direction of the original owner, Priority Mortgage enjoys an unprecedented reputation in the real estate and financial communities. Over 85% of our borrowers are either repeat customers or have been referred by someone.
  • First National Bank of Las Animas
  • 535 Bent Avenue, Las Animas, CO, 81054
  • Our bank is locally owned and operated by folks with deep roots in the communities we serve. Our daily commitment is to meet the unique needs of our neighbors, guided by the traditional values we all share After all, loan decisions should be based on you and not a complex risk formula from an out-of-state headquarters.
  • SMART Federal Credit Union
  • 3454 North High Street, Columbus, OH, 43214
  • SMART Federal Credit Union is a not-for-profit organization designed to meet the needs of ALL school employees and retired teachers in Franklin County and select surrounding counties. SMART was established in 1952 by a local principal, Ms. Edna Windom, to bring local teachers the same banking needs a bank offers WITHOUT the unnecessary fees.
  • Peoples Exchange Bank
  • 101 North Main Street, Winchester, KY, 40391
  • Peoples Exchange Bank is proud to be your community bank. We strive to be first in what matters to our customers. Helping you pay less, earn more, protect smarter and borrow wisely. Since 1912, we've built a trusted name by helping our customers, our employees and our communities.
  • Covita Lending LLC
  • 1299 Virginia Ave, Columbus, OH, 43212
  • Covita Lending offers a wide range of lending options to meet your financial needs and circumstances. With nearly 25 years in combined experience as top producing loan officers, our assurance is that whether you are a first-time buyer, interested in refinancing your mortgage, or a real estate investor, we’re here to guide you through the process.
  • ATOM Property Group, LLC.
  • 1391 W. Fifth Ave, Suite 210, Columbus, OH, 43212
  • ATOM Property Group, LLC. is truly committed to helping each individual customer. We focus on fast response, integrity and over-delivering on customer service. By putting the customer’s needs first, whether selling or buying a home, we can help you realize your real estate goals.