USDA Vs. FHA your options comparison in Nevada, Story County, IA

For 2025, the limit on USDA loans in Nevada, located in Story county, IA, is $336,500. In contrast, the FHA cap for a single-family dwelling is $472,030.

To compare the best available rates between USDA and FHA loans today, utilize the Lendersa® USDA loan calculator. It helps you figure out the necessary income, credit, reserves, and documentation for qualification. Our advanced mortgage calculator provides a side-by-side view of USDA, FHA, Conforming, and VA options, aiding your decision on the most suitable program in for your financial condition.

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2025 Loan Limits and Down Payment Requirements in Nevada, Story County, IA

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Diverse USDA and FHA Loan Options in Nevada, IA

Lendersa® aims to deliver the best USDA or FHA loan solutions to you promptly and straightforwardly. You can start by picking one of three initial pathways, which lead you to matching lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in IA

A USDA home loan, endorsed by the Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage. It is specifically designed for rural areas. Unlike FHA loans, requiring a minimum down payment of 3.5%, USDA mortgage loans provide the benefit of no required down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



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