USDA Vs. FHA Pro and Con comparison in Grimes, Polk County, IA
In 2026, the USDA loan limit for Grimes in Polk county, IA, is set at $336,500. Meanwhile, for a single-family home, the FHA limit is $472,030.
Utilize the Lendersa® USDA loan calculator to evaluate and compare today's prime USDA and FHA rates. It helps determine the necessary income, credit, reserves, and documents for eligibility. Our sophisticated mortgage calculator allows side-by-side comparison of USDA, FHA, Conforming, and VA options, guiding your decision on the best financial program in for you.
2026 Loan Limits and Down Payment Requirements in Grimes, Polk, IA
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Discover USDA and FHA Loan Choices in Grimes, IA
The mission of Lendersa® is to efficiently secure the best USDA or FHA loans for you, free of complications. Opt for one of three initial steps to connect with lenders and discover USDA loan programs.
A USDA home loan, also known as a USDA rural development loan, is a government-backed mortgage provided by the Department of Agriculture. It is accessible solely in rural regions and distinguishes itself by requiring no down payment, unlike FHA loans, which demand at least a 3.5% down payment.
We make our loans convenient for our members with competitive rates and flexible terms. Loans are available for a wide range of purposes including, auto loans and leases, motorcycles, signature loans, overdraft protection, consolidation and many other uses. Apply in person, by phone, mail or online.
Officially known as First State Bank since 1938, our five locations in Buxton, Grand Forks, Mayville, Portland and Thompson are centrally located in the heart of North Dakota’s legendary Red River Valley. Known for our commitment to the communities we serve, our respected business, agricultural and mortgage lenders
SMB&T is a community bank serving Branch, Calhoun, Hillsdale and St. Joseph Counties in Michigan. SMB&T moves into the future, one thing its customers can always count on is that they will enjoy Banking As It Should Be. People at SMB&T build trusting relationships with customers by providing friendly, personal financial services.
Labor Management FCU was chartered on December 18, 1974. The membership was chartered for Employees of Harvey Aluminum. Harvey Aluminum later became Martin Marietta, Commonwealth Aluminum & is known today as Aleris Aluminum. Today Aleris Aluminum employees 1000+ employs and is a global leader in the manufacture and sale of aluminum rolled products.
On February 14, 1935, the International Harvester Company Fort Wayne Works Employees Federal Credit Union was organized. With assets of $250, we employed three individuals and were housed in the International Harvester Company office on Pontiac Street and Bueter Road. In 1947, the credit union reached $1 million in assets and continued to grow.
MidWest America provides the best financial services possible for our members through every stage of their life. We offer loans at competitive rates and have an assortment of savings and checking products available. MidWest America currently operates 17 full-service offices, with 13 in northeast Indiana; 2 in eastern Illinois
Hallmark Home Mortgage we have worked hard to recreate the sense of family, loyalty and mutual respect that we enjoyed at Waterfield. It translates into a pleasant experience for everyone who walks through our doors. From a friendly greeting to the superior customer service you receive throughout the loan process, Hallmark lives up to its name.
Fire Police City County FCU operates as a not-for-profit financial institution, completely owned by its members. We are structured for the financial benefit of our members. Each member owns a portion of the Credit Union. Our employees are committed to putting forth the best service to help members succeed in their financial goals.
At Aspen Mortgage, we believe in honest and ethical service. We will offer you all of your options so that you can choose what type of mortgage will best suit your family's financial needs. We will stand behind our Loan Estimate and guaranty to you that what we have promised to you is exactly what we will deliver.
ProFed provides personal service to help you reach each important milestone of your life. Our mobile and online banking give you 24/7 access, and you can take us anywhere you go. With our network of over 36, 000+ ATMs, you can be sure your money is within your reach.ProFed Credit Union and start owning your financial future.
