USDA and FHA Pro and Con in Waterloo, Black Hawk County, IA
In the year 2026, the USDA loan limit for Waterloo located in Black Hawk county of IA is set at $336,500, whereas the FHA loan limit for single-family homes is $472,030.
Leverage the Lendersa® USDA loan calculator to compare the best rates between USDA and FHA, and identify the income, credit, reserves, and documentation necessary for qualification. Using our enhanced mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side-by-side to decide which program in aligns best with your financial needs.
2026 Loan Limits and Down Payment Needs in Waterloo, Black Hawk County, IA
Loan Type
Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Understanding USDA and FHA Loan Options in Waterloo, IA
Lendersa® aims to facilitate the swift and straightforward acquisition of USDA or FHA loans. Begin with one of three initial steps that connect you with suitable lenders and USDA loan programs.
The USDA home loan, also referred to as a USDA rural development loan or USDA mortgage, is endorsed by the U.S. Department of Agriculture and is specifically designed for rural areas. Unlike FHA loans, which necessitate at least a 3.5% down payment, the USDA loan does not require any down payment.
Dickinson County Bank The Dickinson County Bank of Enterprise, Kansas was chartered on June 2, 1894 as a result of a financial panic in 1887 that closed several area banks in Abilene, Hope, and Enterprise. The demand for banking was high and the bank was established to meet this demand.
We have been serving the central Nebraska region since 1905. Initially chartered as The State Bank of Poole, the Bank moved its main headquarters to Ravenna, Nebraska in 1932. We currently have offices in the communities of Ravenna, Pleasanton, Kearney and Litchfield. Town & Country Bank is locally owned and managed.
Our mission at Hendricks County Bank and Trust is to promote economic prosperity-- improving the quality of life in the community we serve. We will do this by providing quality banking services in a professional manner with employees who are empowered to recognize and respond to the needs of our customers.
Our mortgage experts treat you with the respect due a valued customer and give you the personal service you deserve. We understand the big commitment you are making in purchasing a house, refinancing, or cashing out your equity. So here is our promise to you: we can help you qualify, apply and be approved for the best mortgage loan for you.
Embarrass Vermillion Federal Credit Union’s mission is to build relationships that span generations through innovative financial services while maintaining safety and soundness. We are proud supporters of the Gillette Children's Hospital. Embarrass Vermillion Fcu is a financial services company based out of 4880 Highway 21, Embarrass, MN.
At Progressive Ozark Bank, we understand that how we do things has a tremendous impact, both in the workplace and in our communities. Since Progressive Ozark Bank opened its doors in 1965, our goal has been to offer a friendly, locally-owned banking experience to serve the personal and business banking needs of the people.
Adams County Bank was originally chartered in 1878 and has been serving South-Central Nebraska ever since. The main office has been located in Kenesaw, Nebraska since 1934.
To better serve our growing customer base the branch location was opened in Juniata, Nebraska in 1996.
In 2009, work began on the construction of a brand new building
101 S Mine La Motte Street, Fredericktown, MO, 63645
New Era Bank offers Home Equity Lines of Credit at competitive rates. These loans are an excellent choice for homeowners wanting utilize the current equity in their house to pay for things like: college expenses for children, major home improvements, or those unexpected expenses that life throws at you.
TruNorth Federal Credit Union has been open since 1949. The credit union has assets totaling $195.79 Million and provides banking services to more than 16, 000 members.
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
