USDA Vs. FHA Pro and Con comparison in Grinnell, Poweshiek County, IA
In 2026, in Grinnell, county of Poweshiek, IA, the USDA loan cap is at $336,500, whereas for a single-family home, the FHA cap is $472,030.
Take advantage of the Lendersa® USDA loan calculator to contrast today's best USDA and FHA rates. Assess the necessary income, credit, reserves, and paperwork required to qualify. Our cutting-edge mortgage calculator displays USDA, FHA, Conforming, and VA loans side by side, aiding you in selecting the most fitting program for your situation in .
2026 Loan Limits and Down Payment Requirements in Grinnell, County of Poweshiek, IA
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Choices in Grinnell, IA
Lendersa® is committed to securing the ideal USDA or FHA loan for you swiftly and smoothly. Start with one of three approaches, leading to lenders and USDA loan programs that match your criteria.
A USDA home loan, backed by the Department of Agriculture, is also recognized as a USDA rural development loan or mortgage. It's exclusively for rural areas. In contrast to FHA loans requiring at least a 3.5% down payment, USDA loans need no down payment at all.
Grinnell State Bank (member FDIC) is a locally owned, community bank with branches in Grinnell, Johnston, Marengo & Polk City. Grinnell State Bank is a full-service financial institution & its deposits are insured by the Federal Deposit Insurance Corporation. At Grinnell State Bank, we lend money for a diverse range of commercial.
Advantage Credit Union membership is available to anyone who lives or works in Jasper County or 18 other counties in Central Iowa. In 1937, 14 individuals signed the articles of incorporation to form a credit union then called Local 1116 UERMWA Credit Union. At Advantage Credit Union, we treat our members like they own the place because they do!
We want to show you just how pleasant your banking experience can be when you make State Bank of Toledo your financial services choice. Our HOMETOWN focus ensures our customers always come first.
We have the largest deposit market share in Tama County, Iowa, making us the largest and most successful bank in our trade area.
Leighton State Bank is a locally owned financial institution with locations in Pella, Leighton and Monroe. We deliver a full line of products and services – online banking, mobile banking, account options, loans, fraud protection and more – but are small enough to personally know you.
Marion County Bank first opened our doors for business in Pella on September 21, 1935. While we have grown to become the largest bank headquartered in Marion County, one thing hasn't changed - we were locally owned in 1935 and we remain that way today. This unique combination of size and local management allows us to provide our customers.
Farmers Saving Bank was founded in 1894 in Beaman, Iowa, and was first known as “The Beaman Bank.” The bank was organized under a state charter as Farmers Savings Bank in 1908 and the Marshalltown locations were opened in 2000. We are owned by shareholders whose roots are right here in this area.
Our mission shall be to offer financial services to Lennox Employees, their families, and Select Employee Groups and their families who are credit union members. We will accomplish this by offering on a financially sound, perpetual basis, affordable borrowing and savings opportunities, striving to offer the lowest possible rates on loans.
United Bank & Trust was chartered in 2002 and opened its' doors for business on June 29, 2002. The bank started with only 8 employees, and has grown over the years with the addition of several employees and the opening of our downtown location in 2006. Our independent Board of Directors is comprised of businessmen and women that live and work in ou
Pinnacle Bank was first chartered in 1927 in Tama, Iowa, as Tama State Bank. In 1996 the charter was moved to Marshalltown, Iowa. A new main office was then built in Marshalltown in 2005 at 2206 South Center Street. This facility was built to accommodate future growth and to allow for in-house processing and servicing.
