USDA and FHA Pro and Con in Nikiski, Kenai Peninsula County, AK

As of 2026, the USDA loan limit in Nikiski, county of Kenai Peninsula, AK, stands at $337,600, whereas for a single-family home, the FHA limit is $472,030.

Utilize the Lendersa® USDA loan calculator to evaluate today's top rates between USDA and FHA. Establish the necessary income, credit score, reserves, and documentation for qualification. With our comprehensive mortgage calculator, you can compare USDA against FHA, as well as Conforming and VA loans side by side, aiding your decision on which program in suits your financial profile best.

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2026 Loan Caps and Down Payment Requirements in Nikiski, Kenai Peninsula, AK

Loan Type Loan Limit Down Payment
USDA $337,600 0%
FHA $472,030 3.5%
Conventional Conforming $1,089,300 3%

USDA and FHA Loan Opportunities in Nikiski, AK

Lendersa® aims to deliver the most favorable USDA or FHA loan efficiently and with minimal hassle. Choose from three starting routes to align you with lenders and USDA loan options.

Lendersa USDA loan inquiry and matching outcomes

Explaining USDA Loans in AK

The USDA home loan, also known as a USDA rural development loan or USDA mortgage, is government-backed by the Department of Agriculture. It's available exclusively in rural communities. Unlike FHA loans, which require at least a 3.5% down payment, the USDA mortgage requires no down payment, making it an attractive option for eligible buyers in designated rural areas.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • THE KOEHN MORTGAGE GROUP
  • 1600 Lake Air Dr, Waco, TX, 76710
  • The Koehn Mortgage Group, we treat every customer as an individual, not a number and we don't place you into a loan profile, created by the banking industry. We will help you obtain the best home loan possible, for your particular situation. We have a wide range of programs and together we'll find the loan that's best suited for you
  • Waco Federal Credit Union
  • 826 North 3rd Street, Waco, TX, 76707
  • Waco Federal Credit Union To provide a safe and financially sound institution where members can invest their savings with peace of mind and assurance that their financial needs will be met with ethical and responsible, friendly service. The commitment to providing competitive rates, both dividends on savings and interest on loans.
  • The Andover Bank
  • 19 Public Square, Andover, OH, 44003
  • In 1884, just one year after the founding of Andover, Ohio, a group of individuals organized a private bank under a partnership association. The mission of the bank was to serve the financial needs of the local residents. For one hundred and thirty five years later, the role of the Andover Bank has remained basically unchanged
  • Union Savings Bank
  • 8534 E. Kemper Rd., Cincinnati, OH, 45249
  • At Union Savings Bank, we believe that buying a home should be affordable for all of our neighbors. Providing a high-quality home mortgage lending and servicing experience is at the root of everything we do. It’s the reason we are the #1 mortgage lender in the communities we serve. We funded more than $6.2 billion
  • Emery Federal Credit Union
  • 7890 E. Kemper Rd., Cincinnati, OH, 45249
  • Emery Federal Credit Union is a full service financial cooperative, dedicated to serving its Members. We’re a fast growing, progressive Credit Union that offers Members a full range of banking products and services, including deposit accounts, loan products/services, and commercial services.
  • Rapid Mortgage Company
  • 7870 E Kemper Road, Suite 280, Cincinnati, OH, 45249
  • Rapid Mortgage is a Cincinnati area owned and operated mortgage lender offering competitive rates in a wide range of loan products such as Conventional, FHA, VA and USDA Rural Development. Whether you are a 1st-time homebuyer or a seasoned veteran, A+ credit or in need of some credit assistance, we have programs for borrowers of all types.
  • 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.
  • New Washington State Bank
  • 402 E Main Street, New Washington, IN, 47162
  • New Washington State Bank opened on Main Street in New Washington, Indiana. The bank was founded by a group of ten prominent business leaders and farmers who felt New Washington and the surrounding farming communities would be better served with a bank of their own. From our humble beginning in 1908.