FHA VS Conventional loan programs in Mason-City, Cerro Gordo County, Iowa
For 2026, the conventional loan limit in Mason-City, situated in the county of Cerro Gordo, IA, is established at $647,200. Meanwhile, for a single-family dwelling, the FHA limit is $420,680.
Take advantage of the Lendersa® Conventional loan calculator to evaluate and contrast today's optimal rates for Conventional, FHA, and USDA loans. Determine the necessary income, credit, reserves, and documents required to qualify. Our advanced mortgage calculator allows you a side-by-side comparison of Conforming Conventional loans, USDA, FHA, and VA loans to assist you in choosing the best program in IA to suit your individual financial needs.
Loan Limits and Down Payment Requirements for 2026 in Mason-City, Cerro Gordo, IA
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
This table pertains to zip codes: 50401
Conventional and FHA Loan Options in Mason-City, IA
Lendersa® is committed to helping you secure the most favorable Conventional, USDA, or FHA loans swiftly and seamlessly. You can select from one of three initial pathways, allowing it to match you with suitable lenders and customized loan programs.
Iowa Heartland is a not-for-profit financial co-operative that offers many of the same services as banks or other savings and loan institutions. The unique difference is that we are member owned and controlled. Meeting the financial needs of North Iowa's Heartland is our goal at Iowa Heartland Credit Union.
CENT Credit Union is a financial cooperative whose mission is to provide outstanding financial services, one cent at a time. Our membership is comprised of all health related professionals, health related employees, incorporated and non-incorporated affiliates and organizations of the health care field within a 65-mile radius of Mason City.
First Citizens Bank is a family-owned, community bank headquartered in Mason City serving 6 North Iowa counties and the Mora, Minnesota community. Currently, the bank has over a billion in assets and employs over 200 people. The bank is uniquely positioned as a locally-owned community bank with enough size to compete technologically.
North Iowa Community Credit Union is a not-for-profit financial institution offering many of the same services found at banks or savings and loan associations. More importantly, North Iowa Community Credit Union is member-owned by people like you. we offered our members confidential credit and systematic savings plans.
Home Trust & Savings Bank has been in the same family for over one hundred years. It started on November 6, 1899, when the bank received its charter and opened for business in the east room of the Cleveland Building, just west of the Merchants Hotel in Osage, Iowa. The bank occupied this location until 1937
The mission of First Security is to remain an independent financial service organization, characterized by progressive innovation, outstanding financial performance and a full complement of financial solutions for consumers and businesses. First Security will be a profitable community-oriented bank, responsive to the needs.
Since our beginning in 1945 as Farmers Bank & Trust Company of Crystal Lake, MBT Bank has always focused on improving the services offered to better the lives of customers and the communities we serve. As a community bank, the growth of MBT Bank from its inception, has stemmed from making fiscally responsible decisions
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At First Bank, our mission and values are behind everything we do. We deliver the financial solutions YOU need! Since 1864 our priority has been to our customers. Our doors are open to serve you and to meet your individual financial needs, you are our customers, but you are also our friends and neighbors.
