USDA Vs. FHA your options comparison in West-Des-Moines, Polk County, IA
As of 2025, the loan limit for USDA in West-Des-Moines, located in Polk county, IA, is $285,000. Meanwhile, the FHA limit for a single-family home is set at $356,362.
To evaluate the best current rates between USDA and FHA loans, utilize the Lendersa® USDA loan calculator. It helps you determine the necessary income, credit, reserves, and documents for eligibility. Our sophisticated mortgage calculator displays USDA, FHA, Conforming, and VA loans alongside each other to assist you in choosing the best program in that fits your unique financial circumstances.
2025 Loan Limits and Down Payment Requirements in West-Des-Moines, Polk County, IA
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Understanding USDA and FHA Loan Options in West-Des-Moines, IA
Lendersa® is focused on helping you obtain the ideal USDA or FHA loan efficiently and smoothly. Choose from three starting paths to engage with lenders and USDA loan programs tailored to your needs.
A USDA home loan is one guaranteed by the U.S. Department of Agriculture. Known as the USDA rural development loan or USDA mortgage, it is offered only in rural areas. While FHA loans mandate at least a 3.5% down payment, a USDA loan requires no down payment.
Park State Bank is a full service financial institution that has been serving the good people of Minnesota since 1916. We have a long history of meeting the financial needs of the Steel Workers of the Morgan Park Steel Plant until its closing in the 1980s. In 1997 we built an office in Lincoln Park neighborhood, where we found an active community.
Western Bank has been committed to servicing our customers & the local community for over 100 years. As a hometown bank with local decision-making, we are dedicated to producing & offering to our community a wide range of banking services of exceptional value. Utilizing talented, knowledgeable employees & quality, highly accurate delivery systems.
First Southern Bank realizes that we must earn the right to be your bank of choice. We take great pride in our customer service and combining that with the fact that we are a locally owned and managed Southern Illinois bank allows us to feel comfortable in asking to be your bank.
2 South Mount Auburn Road, Cape Girardeau, MO, 63703
We are a community bank committed to providing high quality service to our customers and an excellent working environment for our employees and are actively involved in the communities that we serve. We offer a wide range of traditional depository products, mortgage loans, business and consumer loans, online banking and mobile banking.
Cape Regional Credit Union has been open since 1971. The credit union has assets totaling $17.03 Million and provides banking services to more than 3, 000 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
2511 Independence, Suite 400, Cape Girardeau, MO, 63703
The Mortgage Place is a local start-up that began in Cape Girardeau’s Marquette Tech District as a member at Codefi. The Mortgage Place leverages sophisticated technology developed by NexSpring to give borrowers hundreds of home loan options when purchasing, refinancing, constructing or obtaining a reverse mortgage.
The Ipswich State Bank is a locally-owned bank located in Ipswich, SD that has been serving the community since 1938. At the Ipswich State Bank our customers have been, and always will be our first priority. We do everything that we can to make all of their banking needs as accessible and easy as possible.
The Stock Exchange Bank of Caldwell, the oldest banking institution in Caldwell and Sumner County, received its state charter on November 12, 1881 and opened on Christmas Eve, December 24, 1881. The stone building erected to house the bank in 1881 at a cost of $5,000, has undergone several remodeling projects
