USDA and FHA Pro and Con in Boone, Boone County, IA
In 2025, the USDA loan limit in Boone, part of Boone county, IA, is set at $336,500, while the FHA limit for a single-family home stands at $472,030.
Use the Lendersa® USDA loan calculator to examine today's best USDA and FHA rates and identify the necessary qualifications such as income, credit, reserves, and documents. Our advanced mortgage calculator allows comparison of USDA, FHA, Conforming, and VA loan options side by side, assisting you in determining the most suitable program for your specific financial needs in .
2025 Loan Limits and Down Payment Demands in Boone, Boone, IA
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Boone, IA
Lendersa® is committed to quickly providing you with a USDA or FHA loan without difficulty. Select one of the three pathways offered to connect with lenders and explore USDA loan programs.
A USDA home loan, also known as a USDA rural development loan, is backed by the Department of Agriculture and available exclusively in rural areas. In contrast to FHA loans that require a minimum down payment of 3.5%, USDA loans demand no down payment whatsoever.
Our mission at Hendricks County Bank and Trust is to promote economic prosperity-- improving the quality of life in the community we serve. We will do this by providing quality banking services in a professional manner with employees who are empowered to recognize and respond to the needs of our customers.
Our mortgage experts treat you with the respect due a valued customer and give you the personal service you deserve. We understand the big commitment you are making in purchasing a house, refinancing, or cashing out your equity. So here is our promise to you: we can help you qualify, apply and be approved for the best mortgage loan for you.
HOWARD COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION"
105 Southway Boulevard West, Kokomo, IN, 46902
Howard County schools. His vision became a reality in 1964. During the early days of the credit union, the credit union was run out of Darrell’s house. Many members remember traveling out to Darrell’s house to pick up a check or drop one off in the old “milk crate.” As the credit union grew, there became a need to move the credit union
The Haynes Community Federal Credit Union is a not-for-profit, cooperative financial institution. The purpose of the Credit Union is to promote thrift among members. We were established in 1948 for the employees of Union Carbide Stellite (now Haynes International) and their families. In 2006 we received our Community Charter and are open to anyone
Financial Builders was founded in 1964 for Chrysler Employees. The Credit Union elected seven members to become board members from Chrysler who helped run the credit union in a little storefront building with two office personnel.In 1978 we built the beautiful building we have today housing 28 employees and serving members
City of Firsts Community Federal Credit Union, formerly known as Kokomo School Employees Federal Credit Union, was established in 1938 by Mr. Charles Franklin. As Kokomo School Employees FCU, we serviced the employees of Kokomo Consolidated School Corp. and its family members. In 2006, City of Firsts FCU received permission from the National Credit
Solidarity was started in 1954 by Delco Electronics employees pooling their funds together to help a co-worker purchase a car. They did this by placing a quarter a week in a cigar box until they had enough saved to buy the car. Thus, they started a not-for-profit cooperative called a "credit union.
Mortgage City, Inc. has been in business since 1999. In the last 10 years, we have built a strong reputation as an outstanding mortgage brokerage firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state is a proud member of the Chamber of Commerce and Local Lenders Association of Kokomo.
