USDA VS FHA in Alexandria, Madison County, IN

For 2026, the USDA loan limit for a single-family home in Alexandria, situated in the county of Madison, IN, is $336,500. Meanwhile, the FHA loan limit is $472,030.

Utilize the Lendersa® USDA loan calculator to compare today's prevalent rates between USDA and FHA loans, assisting you to ascertain income, credit, reserves, and necessary documentation needed for qualification. With our elaborate mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side by side, aiding you in determining the best program in for your financial circumstance.

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2026 Loan Limits and Downpayment Requirements in Alexandria, County of Madison, IN

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

USDA and FHA Loan Options in Alexandria, IN

Lendersa® aims to swiftly and effortlessly secure the most favorable USDA or FHA loan for you. Choose among three starting points guiding you to match with lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in IN

The USDA home loan, also referred to as a USDA rural development loan or mortgage, is supported by the U.S. Department of Agriculture, intended for rural areas only. In contrast to FHA loans demanding a minimum of 3.5% down payment, USDA loans necessitate no down payment.

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



Alexandria Lenders

  • Madison County Federal Credit Union
  • 621 East 8th Street, Anderson, IN, 46012
  • Lends in Indiana
  • Madison County Federal Credit Union received approval from the National Credit Union Association to expand its community charter to three additional counties – Delaware, Henry and Hancock. This expansion, effective immediately, opens membership and full credit union services to anyone who lives, works, worships.

  • PrimeTrust Federal Credit Union
  • 3700 West Bethel Avenue, Muncie, IN, 47304
  • Lends in Indiana
  • For over 80 years, PrimeTrust has been giving its members just that - a place to turn to for all their financial needs; a place that is friendly & treats them with respect. As a member of the Better Business Bureau, PrimeTrust is able to meet this need. PrimeTrust, the largest credit union based in Muncie & the 27th largest in the State of Indiana.

  • Preferred Capital
  • 4904 Wheeling Ave, Muncie, IN, 47304
  • Lends in Indiana
  • Preferred Capital are a family owned mortgage lender dedicated to making the home loan process simple and fastbelieve in top quality customer service and creating a smooth homebuying experience for every homebuyer. We do our best to answer your questions and help you purchase the home of your

  • Lampco Federal Credit Union
  • 5411 Dr Martin Luther King Jr Blvd, Anderson, IN, 46013
  • Lends in Indiana
  • The Lampco staff, management, and board of directors is dedicated to creating economic benefits for our members by providing quality financial products delivered with the highest level of service and integrity. Lampco Federal Credit Union has served the financial needs of our Madison County Community for over 50 years.

  • Independent Federal Credit Union
  • 3737 South Scatterfield Road, Anderson, IN, 46013
  • Lends in Indiana
  • At Independent Federal Credit Union, you are more than a member, you are an owner! Independent Federal Credit Union is committed to being the primary financial institution in Madison and also Independent Federal Credit Union is committed to being the primary financial institution in Madison County and to improving the lives of its members

  • Thrive Credit Union
  • 4501 South Delaware Drive, Muncie, IN, 47302
  • Lends in Indiana
  • Thrive Credit Union was founded in 1940 by the employees of Delco Battery. These employees joined together to establish a financial service dedicated to serving the hard working, faithful employees of Delco Battery and their families. Over the past 81 years, Thrive Credit Union has been a part of the Delaware County community.

  • First County Federal Credit Union
  • 1100 W 11th Street, Muncie, IN, 47302
  • Lends in Indiana
  • First County Federal Credit Union in Muncie, Indiana is where free checking still rules and loan deals run wild. With physical branches on Muncie's diverse south and east sides, First County FCU provides real help for real people.Membership is open to anyone who lives, works, goes to church or goes to school in Delaware County, Indiana. And members

  • GVC Mortgage, Inc
  • 600 Corporation Dr, Suite 200, Pendleton, IN, 46064
  • Lends in Indiana
  • GVC Mortgage began with a desire to emphasize the value of home ownership and simplify the home loan process. It is this commitment to homebuyers that allows the company to grow and assist families in the purchase of their dream homes. Since 1996, GVC Mortgage has served over 32,000 borrowers and provided over $4 billion in total funded loans.

  • BDR Mortgage Capital LLC
  • 23 S. 8th St, Suite 1500, Noblesville, IN, 46060
  • Lends in Indiana
  • At BDR Mortgage Capital. We are a full-service mortgage company based in NOBLESVILLE, Indiana. We specialize in home loans in the state of Indiana. We also serve the surrounding cities in Hamilton and Marion Counties. Whether you are buying a home or refinancing in the zip codes of 46062,