FHA Vs. USDA loan program for Ames, Story County, Iowa

In 2026, the USDA loan ceiling for Ames, within the bounds of Story county, IA, is $336,500. Comparatively, the FHA cap for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to assess today’s leading USDA and FHA rates, establishing the income, credit score, reserves, and documentation required for qualification. Our sophisticated mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA loans, aiding your decision on the optimal program for your financial needs in .

Exploring USDA and FHA Loan Paths in Ames, IA

The objective of Lendersa® is to help you secure the most suitable USDA or FHA loan swiftly and with ease. Choose from three initial approaches that align you with lenders and USDA loan options.

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

Match outcomes from Lendersa USDA loan requests

Understanding USDA Loans in IA

A USDA home loan, guaranteed by the U.S. Department of Agriculture, is frequently referred to as a USDA rural development mortgage and is exclusively available in rural locations. Unlike FHA loans requiring at least a 3.5% down payment, a USDA mortgage needs no down payment.

Get top 10
USDA LENDERS
customized to yout needes

(405) 212-4567 Lender's profile and map Reviews Department of Public Safety Federal Credit Union 3650 N Martin Luther King Avenue, Room 1000, Oklahoma City, OK, 73111 In 1953, seven Oklahoma Department of Public Safety (DPS) employees recognized the benefits a credit union would provide their coworkers. These founding members were intent on providing affordable financial services for the varied needs of the uniformed Highway Patrol and civilian DPS employees.
(405) 722-2234 Lender's profile and map Reviews Oklahoma Educators Credit Union 4001 NW Expressway, Oklahoma City, OK, 73116 We are your full-service, not-for-profit financial institution. We’re member-owned and operated, so you’ll always feel at home. Also, we have no stockholders to pay. Profits (after operating expenses) are returned directly to you and your fellow members in the form of higher dividends on savings, lower loan rates, and reduced fees for services!
(405) 879-5691 Lender's profile and map Reviews Communication Federal Credit Union 4141 NW Expressway, Oklahoma City, OK, 73116 Communication Federal Credit Union has been committed to serving members since 1939 and providing the best overall value of financial products and services available. Communication Federal Credit Union has headquarters in Oklahoma City and was founded in 1939. It has more than 85, 000 members and over one billion dollars in assets.
(812) 293-3321 Lender's profile and map Reviews 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.
(580) 395-2321 Lender's profile and map Reviews Bank7 1039 NW 63RD St, Oklahoma City, OK, 73116 Bank7 is a full-service Oklahoma-based community bank chartered in 1901 and relocated to Oklahoma City in 2005. With locations throughout Oklahoma, Kansas, and Texas, Bank7 has expanded its footprint to service the communities in which we live. Our history and vast experience in the energy industries, real estate, construction, and agriculture
(405) 233-4321 Lender's profile and map Reviews Cross Timbers Mortgage LLC 1000 W Wilshire Blvd, Suite 364, Oklahoma City, OK, 73116 Cross Timbers Mortgage specializes in home loans in Oklahoma. Our services go beyond just the products we offer: education, training, and building strong relationships within the mortgage industry are also what we focus on, allowing us to bring the most value to our customers. The goal is to provide the best guidance, speed
405 418 5800 Lender's profile and map Reviews RMAC Lending LLC 7201 N. Classen Blvd., Suite 105, Oklahoma City, OK, 73116 We have owned and operated a number of successful real estate based business over the past 25 years in the areas of retail, industrial, office and single family residential. Among the affiliated companies are Mull Properties and RSM Properties, which owns and operates a HomeVestors franchise office in Oklahoma City, Oklahoma. HomeVestors is better
(501) 312-1088 Lender's profile and map Reviews Rudkin & Associates Mortgage 43300 Higginbotham Road, Perryville, AR, 72126 The Rudkin & Associates Mortgage team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
(405) 524-6467 Lender's profile and map Reviews Oklahoma Federal Credit Union 517 NE 36th Street, Oklahoma City, OK, 73105 Oklahoma FCU is a financial institution that was founded with the mission: not for profit, not for charity, but for service. The credit union began as Safeway Oklahoma City Federal Employees Credit Union in March of 1951. In 1981, the Board of Directors decided the needed a new location & in 1982, the credit union was moved to its current branch.
(405) 557-0167 Lender's profile and map Reviews Credit Union One of Oklahoma 3330 N Lincoln Blvd, Oklahoma City, OK, 73105 Credit Union One of Oklahoma was originally chartered in 1949 to serve the employees of many state agencies, including the Oklahoma Department of Human Services, Oklahoma Office of Juvenile Affairs, Oklahoma Health Care Authority, and the Oklahoma Department of Rehabilitation Services. Credit Union One was formed by and for the employees of these a
(405) 606-6528 Lender's profile and map Reviews Oklahoma Employees Credit Union 3001 N Lincoln Blvd, Oklahoma City, OK, 73105 Oklahoma's Credit Union has been serving Oklahomans since 1954. OKCU is a local financial cooperative open to anyone who lives or works in the area. Our customers are actually part owners, so profits are returned to account holders in the form of better rates and fewer fees. If you are thinking about making a change
(405) 266-2267 Lender's profile and map Reviews Local Lending Oklahoma 28 NE 28th Street, Oklahoma City, OK, 73105 At Local Lending Oklahoma, we are committed to quality customer service - putting the great people of Oklahoma we serve first. Our mission is to set a high standard in the mortgage industry. We have a goal to carefully guide each client through the home loan process so they can confidently select the best loan from the many mortgage options.