USDA and FHA Pro and Con in Ankeny, Polk County, IA
For 2026, the USDA loan limit in Ankeny, within Polk county, IA, is $336,500. Meanwhile, the limit for FHA, applicable to a single-family home, stands at $472,030.
Utilize the Lendersa® USDA loan calculator to explore today's best rates between USDA and FHA loans, while determining the necessary income, credit levels, reserves, and documentation to qualify. With our comprehensive mortgage calculator, you can compare USDA, FHA, Conforming, and VA loans side by side, helping you decide on the best option for your specific financial situation in .
2026 Loan Limits and Down Payment Necessities in Ankeny, Polk County, IA
Loan Type
Max Loan
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Available USDA and FHA Loan Options in Ankeny, IA
The mission of Lendersa® is to help you obtain the best USDA or FHA loan without delay and with minimal hassle. Choose one of three starting methods to connect with lenders and USDA loan programs.
The USDA home loan is backed by the U.S. Department of Agriculture, frequently referred to as the USDA rural development loan. This option is only available for rural areas. Unlike FHA loans that require at least a 3.5% down payment, the USDA mortgage does not require any down payment.
As a locally owned and managed community bank, we are efficient in responding to customer needs. We listen to each situation and offer appropriate solutions to help our customers meet their financial goals. We pride ourselves in our commitment to the communities in which we live, work and play and the loyalty of our employees to our organization.
On July 3, 1912, our bank was established under the name State Bank of Fisk. The street on which the bank was originally located was eventually named Third Street. In 1953 the bank was relocated to 300 Second Street. The Second Street building continues to serve as a branch office today.
Bob Sutton Real Estate and Loans, LLC, is a multi-divisional company specializing in financial services, ranging from lawsuit settlement loans to real estate financing. Established in 1951, we are still family owned and operated, which allows us to provide individualized services meeting each customer's particular needs.
Diversified General Federal Credit Union was started in As a member-owned financial institution, we exist solely to improve the financial well-being of the members. Credit Unions promote thrift, and income is passed along to its members in the form of higher dividends on savings accounts, lower interest on loans, or new and improved services.
Logansport Savings Bank has been dedicated to serving the needs of our communities since 1925. We are committed to the growth and development of our customers, communities, employees, and shareholders as a proudly independent, profitable, and locally operated financial institution.
United Bank (Arkansas) is a Bank with operations in one state. United Bank (Arkansas) offers numerous mortgage programs including conventional, jumbo, non-owner occupied, FHA, VA, USDA and construction mortgages and For over 40 years, United Bank has been a locally owned community Bank with a geographic focus on Northwest Arkansas.
The First National Bank of Coleraine is proud to be a part of the local community. Since 1906 we have been committed to understanding the needs of the community and working with our friends and neighbors. By taking the time to know you, we believe we will be better able to meet all your financial needs.
The Stock Exchange Bank of Caldwell, the oldest banking institution in Caldwell and Sumner County, received its state charter on November 12, 1881 and opened on Christmas Eve, December 24, 1881. The stone building erected to house the bank in 1881 at a cost of $5,000, has undergone several remodeling projects
Woodland Bank is a family owned bank that traces its roots back to the logging boom days in Northern Minnesota. The bank was chartered in 1920 as Shovel Lake State Bank by Fred Blais to serve the needs of his logging camp and area community of Shovel Lake, Minnesota. In 1924, the bank acquired and merged with the First State Bank of Swatara
