FHA VS Conventional loan in Shorewood-Forest, Porter County, Indiana

In 2025, within the city of Shorewood-Forest, situated in the county of Porter, IN, the limit for a conventional loan is established at $647,200. Meanwhile, the FHA loan limit for single-family homes is set at $420,680. Being aware of these figures is essential for anyone involved in purchasing property and understanding their financing options.

Take advantage of the Lendersa® Conventional loan calculator to effectively compare today's competitive rates available among Conventional, FHA, and USDA loans. This tool analyzes the necessary income, credit score, financial reserves, and documents required for eligibility. With our advanced calculator, you can view Conforming Conventional loans, USDA, FHA, and VA loans side by side, enabling an informed decision on the most suitable loan program in IN for your financial situation.

Review and compare loan offers from a diverse set of 100 lenders to find the most favorable terms tailored to your needs.

2025 Loan Limits and Downpayment Requirements in Shorewood-Forest, Porter, IN

Loan Type Loan Limit Down Payment
Conventional Conforming $647,200 3%
USDA $303,600 0%
FHA $420,680 3.5%

The above comparison is specifically applicable to the following zip codes: 46385. Make sure this information guides your financial planning accordingly.

Discover Conventional and FHA Loan Options in Shorewood-Forest, IN

Lendersa® aims to provide access to the finest Conventional, USDA, or FHA loans swiftly and without complication. Choose one of three effective starting points, each designed to link you with lenders and loan programs that align with your specific financial requirements.

Lendersa USDA loan request and matching results


  • SharePoint Credit Union
  • 5300 Hyland Greens Drive, Bloomington, MN, 55437
  • SharePoint is committed to serving the financial needs of its members through quality financial products & a strong community presence. SharePoint is leading the way in service & products for our members. We strive to give our members the service they deserve, while enhancing their financial well-being. Our personal service, competitive rates.
  • Commercial Bank
  • 6710 Cumberland Gap Parkway, Harrogate, TN, 37752
  • Commercial Bank is your neighborhood bank; and, we are a leading financial institution with the services, capabilities, and resources of regional and national banks. We understand that every customer has unique opportunities, challenges, and financial concerns. We don't expect you to fit in the same box as the next person or business.
  • Valley 1st Community Federal Credit Union
  • 815 Schoonmaker Avenue, Monessen, PA, 15062
  • Valley 1st Community Federal Credit Union operates through a Board of Directors who are elected by our members and serve as volunteers. The Board consists of officers who set policies, objectives, and standards that guide our staff in achieving a common goal. Our core building blocks of our financial institution rest upon the initiatives we take.
  • Access Home Loans LLC
  • 601 Main Street Southeast, Suite 234, Minneapolis, MN, 55414
  • Access Home Loans is a Elite Minneapolis mortgage company Brian Kearney, company's founder and only originator, is an 18 year mortgage industry expert. Simple, smooth process and quick close is the goal for every transaction. LOCAL company, not out-of-state lender. Word-of-mouth and referrals from past clients are primary drivers of my business.
  • Minnesota Bank & Trust
  • 7701 France Avenue South, Edina, MN, 55435
  • We offer our employees unlimited opportunities for career development, growth and the ability to contribute to the vitality of your community. Our clients choose to bank with us because of our robust product offerings, high-touch service, and commitment and impact in our communities.
  • BendOver BackWard Broker
  • 510 W 77th St, Suite 380, Edina, MN, 55435
  • Dionna Ward handles your home financing with friendliness and finesse to get you moving forWARD with a mortgage or refinance. She brings her own personal touch to servicing her clients, which puts you at ease and gives you that much-needed assurance that she’s got your back during the entire process. She brokers your home loan with care.
  • Metropolitan Financial Mortgage Company
  • 4445 West 77th Street, Suite 210, Edina, MN, 55435
  • MetroFMC works hard to establish great working relationships with a wide variety of banks to enable you to have access to some of the lowest mortgage rates available. We pride ourselves on the training and knowledge we get directly from the banks that will provide you with your loan
  • Tradition Mortgage
  • 7601 France Ave S, Suite 170, Minneapolis, MN, 55435
  • The Tradition name represents a continual awareness and respect for the excellence of real estate development, real estate investment and real estate finance services. Tradition Companies is committed to the highest standards of quality, craftsmanship, community involvement and most importantly, a dedication to the customer.
  • Edge Home Finance Corporation
  • 4510 W 77th St, Suite 380, Edina, MN, 55435
  • "At Edge Home Finance Corporation, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We work with many wholesale lenders that provide a wide variety of products such as Conventional, FHA, VA and HARP 2.0."
  • Rainbow Mortgage Inc.
  • 3300 Edinborough Way, Suite 550, Edina, MN, 55435
  • "Rainbow Mortgage Inc. is owned and operated by local mortgage advisors Gale and David Jamison. Prior to starting Rainbow Mortgage Inc., David worked for a Fortune 500 company as a Sales Manager/Senior Underwriter in a division that closed over 1000 loans per month. David worked as an Alternative Loan Specialist with Wells Fargo."