USDA Vs. FHA your options comparison in Des-Moines, Polk County, IA
For the year 2026, the USDA loan ceiling in Des-Moines, within Polk county, IA, is designated as $285,000. In contrast, the FHA loan ceiling for a single-family dwelling is $356,362.
Utilize the Lendersa® USDA loan calculator to compare current USDA and FHA rates and ascertain the eligibility criteria, including income, credit score, reserves, and required documentation. Our sophisticated mortgage calculator presents a parallel comparison of USDA, FHA, Conforming, and VA loans, facilitating your decision on the optimal program available in .
2026 Loan Ceilings and Down Payment Requisites in Des-Moines, Polk county, IA
Loan Category
Loan Cap
Initial Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Opportunities in Des-Moines, IA
Lendersa®'s intention is to ensure you obtain a USDA or FHA loan quickly and with minimal difficulty. Begin by selecting from three methods that align you with lenders and USDA program options.
The USDA home loan program, sanctioned by the U.S. Department of Agriculture, is otherwise known as a USDA rural development mortgage, tailored for rural locales. The USDA loan requires no down payment, unlike FHA loans, which mandate a minimum of a 3.5% down payment.
Premier Credit Union is your community credit union located in Des Moines, Iowa with branch locations in West Des Moines and Ames. We’re proud to support our members with the financial resources, lending opportunities and digital banking solutions they need. Premier Credit Union began as Bankers Life Employees Credit Union on September 11, 1933.
Our membership is a closed membership limited to Polk County employees, Broadlawns Hospital employees, city of Altoona employees, Heartland AEA employees, and Fifth Judicial employees. We have been in existence since 1955. The credit union has assets totaling $7.27 Million and provides banking services to more than 700 members.
Federal Home Loan Bank of Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank (FHLBank) System. Established by Congress in 1932 to support mortgage lending, the FHLBanks are a stable source of funding for more than 7, 300 federally insured depository institutions of all sizes and types. Including Banks, Credit Unions.
For more than 100 years, Bankers Trust has been a leading financial institution for commercial and consumer banking services. Headquartered in Des Moines, Iowa, Bankers Trust is the largest privately held financial institution in the state, and employs 565 people across the country.
The Gooi Mortgage team has an extensive background in all functions of mortgage banking, including fulfillment and consulting services for lenders of all sizes.
We deliver a seamless, end-to-end fulfillment solution for smaller lenders, creating the best mortgage loan experience possible.
Serve Credit Union began serving Des Moines Police Officers in 1931 as the premier leader in financial services for law enforcement. Since inception, the credit union has expanded its field of membership to include first responders, government employees, school employees and their families
Des Moines Metro Credit Union was established in 1938 to serve the employees of the city of Des Moines. Throughout the years, we have grown to serve other large and small employer groups, such as Unity Point, DART, and Warren County. In 1997, we became a community credit union, which allows us to serve those who live and work in Polk County.
NFC provides unique lending programs & other services to facilitate neighborhood revitalization in Polk County & Cedar Rapids, Iowa through partnerships with residents, governments, community-based organizations, lending institutions & the business community. To date, NFC has provided more than $250, 000, 000 in loans and grants in its lending area
3839 Merle Hay Road, Suite 274, Des Moines, IA, 50310
Lends in Iowa
Halo Capital specializes in financing for real estate in the Des Moines, IA area. Licensed, bonded, and trained in many facets of real estate lending, the professionals at Halo Capital can help you obtain a mortgage in Iowa. In addition, our firm invests in the local marketplace as well as takes great pride in educating consumers and investors.
