USDA Vs. FHA your options comparison in Fairfax, Linn County, IA
In the year 2026, the USDA loan cap in Fairfax, within Linn county, IA, is $336,500. The FHA loan cap stands at $472,030 for a home designed for one family.
To compare the current best rates for USDA vs. FHA, use the Lendersa® USDA loan calculator. It will help you determine the necessary income, credit score, reserves, and documents for eligibility. Our advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA loans side by side, making it easier to choose the most suitable program in Alabama for your financial needs.
2026 Loan Caps and Down Payment Requirements in Fairfax, Linn County, IA
Type of Loan
Limit on Loan
Required Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Financing Options in Fairfax, IA
At Lendersa®, our mission is to find you the ideal USDA or FHA loan quickly and with ease. Choose from three initial options that connect you to loan programs and lenders.
The USDA home loan is backed by the Department of Agriculture, commonly referred to as a USDA rural development loan or USDA mortgage, available solely for rural areas. FHA loans require at least a 3.5% down payment, whereas a USDA mortgage loan requires none.
Fairfax State Savings Bank, we understand the little things that make this community so special: strong solid relationships, a sense of pride in local growth, welcoming hospitality and sincere friendliness. We are an independent, community bank that has provided trusted financial services for generations
Metco Credit Union is a non-profit financial cooperative, owned, and operated by its members. Our purpose is to create pathways to financial success for our members by providing a full range of competitive services that respond to their changing needs. Metco Credit Union Established in 1957.
425 2nd Street SE, Suite 370, Cedar Rapids, IA, 52401
Lends in Iowa
Contract Exchange Corporation was founded in April of 1981. At the time, interest rates were near their all-time highs as the Federal Reserve “wrung” inflation out of the economy. With 30 year mortgage rates around 17%, many Sellers turned to that age old instrument, the Land Installment Contract as a means to sell their properties.
The Watkins Savings Bank was chartered in 1892, and remains a locally owned and independent bank. Over the years The Watkins Savings Bank has continued to grow. The original bank was located just across the street from our current building. In 1977 The Watkins Savings Bank moved to 202 First Street , Watkins , Iowa .
3535 Center Point Road NE, Cedar Rapids, IA, 52402
Lends in Iowa
Quaker Oats Credit Union is a full-service financial institution for the employees, retirees, and family members of the Quaker Oats Company, Tree House Foods, PMX Industries, Circle Computer Resources, CCB Packaging, and Trapeze Group. Quaker Oats Credit Union is a member-owned financial institution dedicated to serving its members.
Hills Bank has grown to become one of Iowa's largest independent banks. We have achieved this growth the old fashioned way — by earning our customers' respect, one at a time.
Hills Bank was founded on the principle that banks should care about the people they serve and provide ways to help them prosper.
600 Blairs Ferry Road, Suite D, Cedar Rapids, IA, 52402
Lends in Iowa
Chec King Payday Advance has been providing you with easy payday loans since 2005. We're a locally owned and operated business. If you need immediate cash for any unforeseen emergency situation, contact the people-friendly professionals at Chec King Payday Advance. You can open an account immediately, and we'll process your loan promptly.
Hall Lending Group was created by Hope Hall with one mission in mind: to provide customers with the best home loan experience possible. For nearly two decades, we have been helping families meet their goals of home ownership with the best interest rates and loan programs available.
4403 1st Ave SE, Suite 110, Cedar Rapids, IA, 52402
Lends in Iowa
The IMS Home buyer Grant Program is a mortgage credit program that can help paying a down payment or other initial costs of buying a home. This money can be can be used for closing costs, setting up escrow accounts, or making a down payment. This is an extremely valuable program for somebody with steady
