USDA Vs. FHA your options comparison in Iowa-City, Johnson County, IA
As per 2025, the USDA loan limit in Iowa-City, situated in Johnson county, IA, amounts to $285,000, whereas for a single-family residence, the FHA limit is placed at $356,362.
Utilize the Lendersa® USDA loan calculator to explore today's optimal USDA versus FHA rates, determining the necessary income, credit, reserves, and documents for qualification. Our sophisticated mortgage calculator places USDA, FHA, Conforming, and VA loans side-by-side, aiding your choice of the best plan for your financial context in .
2025 Loan Limits and Down Payment Requirements in Iowa-City, Johnson County, IA
Loan Type
Limit Amount
Initial Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Explore USDA and FHA Loan Alternatives in Iowa-City, IA
Lendersa® aims to help you acquire either a USDA or FHA loan quickly and with ease. Start with one of three pathways that connect you with lenders and USDA loan options.
A USDA home loan is guaranteed by the government’s Department of Agriculture, also known as the USDA rural development loan or mortgage. It's specifically for rural areas. FHA loans, in comparison, require at least a 3.5% down payment, whereas the USDA loan requires none.
Farmers State Bank began it’s tradition of Blue Button Banking way back in 1915 when the Stroh Banking Center opened their doors. We offer the most current products, services, and technology paired with friendly, dependable and trustworthy service to best help our neighbors succeed financially in the communities we serve.
432 South Emerson, Suite 120, Greenwood, IN, 46143
"Our mission is to provide you or your client with a competitive mortgage product that meets your needs, and accomplish a closing with as much speed and ease possible using solid Christian principles.
We have partnered with numerous lenders so we can do the shopping for you. Our mortgage process utilizes cutting edge technology"
Mortgage and Title Solutions Enjoys working with a lending professional who truly cares about getting the results they deserve. That personal commitment is backed by a depth of experience that’s rare in the lending industry today. To catch just a glimpse of the expertise you’ll have on your side.
We’re a full service mortgage banker with an experienced staff offering expertise in every area of mortgage lending from purchase to refinance to construction lending.We have access to a full range of mortgage sources & all of our lending specialists are dedicated to finding the right loan-with the best rates terms & costs-to meet your unique needs
CLFCU has served Huntington and surrounding areas since 1932. We take pride in providing exceptional service to our members. CLFCU is federally insured by NCUA and is an Equal Housing Lender. Our Mission: Community Link Federal Credit Union is committed to being the first-choice financial institution in the community.
Bippus State Bank has served Huntington and surrounding counties since 1911. We are a community bank and pride ourselves on providing excellent customer service. BSB offices are conveniently located in Huntington, North Manchester, Roanoke, and Warren. We are Member FDIC and an Equal Housing Lender.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
The Farmers and Merchants Bank of Milligan now stands on the lot where the first bank of Milligan was founded.
The State Bank of Milligan lasted only five years, from 1892 to 1897. After its failure, A. V. Kouba organized a new bank in 1897 called the Farmers State Bank of Milligan.
