USDA and FHA Pro and Con in Ottumwa, Wapello County, IA
In 2026, the USDA loan limit for Ottumwa, within Wapello county of IA, is set at $336,500. For a single-family home, the FHA limit is $472,030.
Utilize the Lendersa® USDA loan calculator to assess today's top rates for USDA and FHA loans, identifying the income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator offers a comprehensive view, comparing USDA, FHA, Conforming, and VA loans side by side, assisting you in selecting the most suitable program for your financial situation in .
2026 Loan Limits and Down Payment Requirements in Ottumwa, Wapello County, IA
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Choices in Ottumwa, IA
The aim of Lendersa® is to get you the best USDA or FHA loan quickly and seamlessly. Initiate by selecting one of three paths to connect with lenders and corresponding USDA loan programs.
A USDA home loan, endorsed by the U.S. Department of Agriculture and known as a USDA rural development loan, is strictly available in rural areas. Unlike FHA loans, which demand a minimum 3.5% down payment, the USDA mortgage requires no down payment at all.
BankStar Financial has been sharing bright moments for quite some time with Brookings, Elkton, and Volga as one of the first community banks to take root in the county. While we're ready to help individuals and businesses achieve their largest goals, it's the everyday moments we share with our customers, employees
BLC Community Bank is a strong, independent community bank, locally owned and dedicated to our customers and the communities we serve. We have a genuine desire to meet all of your banking needs and are diligent in our efforts to provide the latest in banking services with a friendly and personal, home-town touch.
At Banterra, we’ve been proud to serve customers since 1975, providing local-style service from day one. We know that smart banking is about relationships and understanding our customer needs, and having an exceptional team on board to accomplish that. That’s why we’d like for you to get to know us, as well,
Community Bank and Trust operates 14 full service branch offices in Southwest Missouri and Southeast Kansas. Since 1986 the employees of CBT have been actively involved in the success of our bank through the Employee Stock Ownership Plan. Each branch office is managed to specifically meet the financial needs of its customers and community.
On June 14th, 1910 The First National Bank of Monterey received its charter from the Comptroller of the Currency to establish a national bank in the town of Monterey. The bank opened on August 1st of 1910 with 57 original shareholders and $25, 000 in capital. The first board of directors rotated presidents naming PH Wagoner.
First Bank, an entity of Southern Illinois Bancorp, Inc. headquartered in Carmi, Illinois, has been serving businesses and families in Southeast Illinois and Southwest Indiana since 1893. We represent a return to the old-fashioned way of banking, where the staff knew everyone by name and treated you like a person instead of a number.
Century Bank of the Ozarks is a family owned bank that had its beginning more than 100 years ago when it was founded in 1894. Our main bank office is located on the square in the town of Gainesville, nestled in the beautiful hills of the Ozarks in Southern Missouri. Our other offices are located in Theodosia, Bakersfield, Ava.
We pride ourselves on being a community bank that offers the capabilities of a big bank while staying dedicated to the well-being of our clients. We value giving back to our community by focusing on the needs of local organizations, businesses and families. Our Vision is Building financial foundations for successful client relationships.
The Bennington State Bank (BSB) is a community bank proudly serving Kansas for over 130 years with branches in Salina, Bennington, Minneapolis, Wamego, Sylvan Grove, and Lucas Kansas. BSB strives to be the community bank of choice in the regions we serve and we do so by being a trusted financial partner that operates with integrity,
The Tampa State Bank is a branch office of The Tampa State Bank. They provide the following services: Full Service Office Location and are located at 326 North Main Street in Tampa Kansas. Mobile and traditional directions to this location can be found below along with ratings, lobby hours, their phone number, online banking website
