USDA VS FHA in Anderson, Madison County, IN

In 2025, the USDA loan limit for Anderson, in Madison County, IN, is $336,500. In contrast, the FHA limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to compare the competitive rates for USDA vs FHA loans. You'll assess necessary income, credit standing, reserves, and documents needed for qualification. Our comprehensive mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side by side, aiding in selecting the best program for your financial needs in .

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2025 Loan Limits and Downpayment Requirements in Anderson, Madison County, 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 Choices in Anderson, IN

Lendersa® aims to provide the optimal USDA or FHA loan quickly and effortlessly. Select one of three starting points to match with lenders and access USDA loan programs.

Results for Lendersa USDA loan requests

Understanding USDA Loans in IN

A USDA home loan, backed by the government's Department of Agriculture, also called a USDA rural development loan, is exclusively offered in rural areas. Unlike FHA loans requiring a 3.5% down payment, USDA loans need no down payment at all.

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



  • The Valley State Bank
  • 502 North Merchant Street, Belle Plaine, KS, 67013
  • The Valley State Bank is a community bank that has operated under the same name since it was founded in 1897. Since establishment, the financial institution has grown and opened branch locations in Derby, KS and Wichita, KS. Valley State Bank has been accorded the special recognition of Blue Ribbon Bank
  • First State Bank of Bigfork
  • 400 Main Avenue, Bigfork, MN, 56628
  • The First State Bank of Bigfork dates back to 1912 when a group of investors consisting of F.P. Sheldon who served as President, S. J. Moran who served as Vice President, A.E. Peterson, Cashier and A. Wedge, Jr. established the business in its original location on the south end of Main Street.
  • McPherson Co-op Credit Union
  • 1999 South Main Street, McPherson, KS, 67460
  • McPherson Co-Op Credit Union has been a member-owned, not-for-profit financial institution. We have come a long way since the card table in the basement! The mission of MCCU is following the credit union philosophy of “People Helping People” by providing quality financial services to our members.
  • Skyward Credit Union
  • 4 Cessna Boulevard, Wichita, KS, 67215
  • Skyward Credit Union was chartered on July 16, 1941, as a not-for-profit corporation under Kansas State law, to accept savings and make loans for those who qualify for membership. Credit unions are regulated by the Kansas State Department of Credit Unions and the National Credit Union Association (NCUA).
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  • 133 S Main Street, Springhill, LA, 71075
  • Carter Federal’s beginnings date back to 1954, when Floyd Carter chartered the credit union to serve the employees of International Paper Company in Springhill, LA. As paymaster of International Paper, Floyd witnessed predatory lending practices within his own workplace & made a commitment to seek a safe way for employees to borrow & save money.
  • Prosper First Funding Corporation
  • 2465 Black Rock Turnpike, Fairfield, CT, 06825
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  • COMMUNITY STATE BANK AR
  • 208 West 4th Street, Bradley, AR, 71826
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  • Citizens Bank Columbia
  • 814 Main Street, Columbia, MS, 39429
  • Citizens Bank can trace its origins back to 1913, when Henry and Sallie Rankin acted on their belief that the Columbia area needed a bank that could be responsive to the financial needs of individuals and businesses within their community. Twenty-four original shareholders raised $35, 000 in capital to form the Bank.
  • eclending
  • 360 Motor Parkway, Hauppauge, NY, 11788
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