FHA VS Conventional loan programs in 2026 for Grinnell, Poweshiek County, Iowa
As of 2026, the conventional loan limit for a single-family home in Grinnell, located in the county of Poweshiek, IA, is established at $726,200. Meanwhile, the FHA loan limit for a similar property type is $472,030. These limits indicate the maximum borrowing amount set for potential homeowners.
For those interested in evaluating which mortgage option best suits their financial plan, the Lendersa® Conventional loan calculator provides an excellent solution. By employing this tool, you can compare today's finest Conventional, FHA, and USDA rates side by side. The calculator also assists in identifying the income, credit score, reserves, and necessary documentation to qualify. With the advanced mortgage calculator, all potential borrowers can comprehensively view and compare Conforming Conventional loans, USDA, FHA, and VA loans, helping you to decide the most suitable program available in IA for your specific financial circumstances.
Loan limits and required downpayments for 2026 in Grinnell, within the county of Poweshiek, IA
Loan Type
Maximum Loan Limit
Minimum Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
Note: This table is relevant to the following zip codes: 50112
Exploring FHA and Conventional Loan Options in Grinnell, IA
The primary aim of Lendersa® is to seamlessly assist you in obtaining the optimal Conventional, USDA, or FHA loan quickly and efficiently. You have three different starting points to choose from which facilitate the matching with appropriate lenders and loan programs, designed to meet your unique needs and preferences.
Advantage Credit Union membership is available to anyone who lives or works in Jasper County or 18 other counties in Central Iowa. In 1937, 14 individuals signed the articles of incorporation to form a credit union then called Local 1116 UERMWA Credit Union. At Advantage Credit Union, we treat our members like they own the place because they do!
Leighton State Bank is a locally owned financial institution with locations in Pella, Leighton and Monroe. We deliver a full line of products and services – online banking, mobile banking, account options, loans, fraud protection and more – but are small enough to personally know you.
Marion County Bank first opened our doors for business in Pella on September 21, 1935. While we have grown to become the largest bank headquartered in Marion County, one thing hasn't changed - we were locally owned in 1935 and we remain that way today. This unique combination of size and local management allows us to provide our customers.
Pinnacle Bank was first chartered in 1927 in Tama, Iowa, as Tama State Bank. In 1996 the charter was moved to Marshalltown, Iowa. A new main office was then built in Marshalltown in 2005 at 2206 South Center Street. This facility was built to accommodate future growth and to allow for in-house processing and servicing.
At Home Federal Savings Bank we are deeply invested in our communities with locations across southeastern Minnesota including Rochester, Austin, Albert Lea, Kasson, La Crescent, Winona, and Spring Valley. In the Twin Cities metro we have a branch in Eagan. Home Federal also has a presence in Iowa with a location in Marshalltown.
Members 1st Community Credit Union is located in Marshalltown, IA, United States and is part of the Depository Credit Intermediation Industry. Members 1st Community Credit Union has 4 employees at this location. There are 7 companies in the Members 1st Community Credit Union corporate family.
At Legacy Bank, we are committed to providing excellent customer service and quality financial products at competitive rates. Legacy Bank is a locally owned and operated community bank. We have been serving the area since 1904. We promote growth and development around central Iowa and look to foster success for all of our customers.
County Bank is an Iowa chartered bank first organized in 1884 in Sigourney, Iowa. Currently County Bank’s main office is on the southeast corner of the Square in Sigourney with locations in Deep River, Gibson, Hartwick, Montezuma and Williamsburg.
County Bank has a strong commitment to the communities we serve.
The Watkins Savings Bank was chartered in 1892, and remains a locally owned and independent bank. Over the years The Watkins Savings Bank has continued to grow. The original bank was located just across the street from our current building. In 1977 The Watkins Savings Bank moved to 202 First Street , Watkins , Iowa .
