USDA and FHA Pro and Con 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?



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  • The mortgage process can be confusing. Our mortgage experts help make the process easy to understand! With a single application and credit report, we can show you customized options from great lenders and make sure to find the right loan for you and Our loan originators have access to a wide array of loan products, helping them.
  • CrossOver Lending Group Inc
  • 8801 Fast Park Drive, Suite 207, Raleigh, NC, 27617
  • The Crossover Lending Group, Inc team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
  • Educational Systems Federal Credit Union
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  • Educational Systems Federal Credit Union was formed in 1955 by a small group of educators who wanted to make a difference by helping the members of the education community achieve their financial goals and dreams. They volunteered their time and pooled their savings to make affordable loans to their co-workers.
  • Dominion Energy Credit Union
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  • Dominion Energy Credit Union was created by, and for the benefit of Dominion Energy employees. We offer the same personal financial services as the big banks, but, unlike most banks, we offer incredible rates, minimal fees, and service that exceeds expectations. We go the extra mile to let each member know they are valued and appreciated.
  • Virginia Credit Union
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  • Virginia Credit Union was founded in 1928, originally as State Employees’ Credit Union. Through the decades, we have created financial products and services to help guide members in their financial lives and give them new knowledge and understanding of their finances. In everything we do, our work allows members to live with confidence.
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  • Kore Mortgage LLC is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan
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  • For over 100 years, the bank has strived to live up to its motto of “Large enough to serve you, small enough to know you, and strong enough to protect you.” As our industry and community continue to evolve, the bank will seek new avenues to serve you better, become stronger to protect you more, and remain a friend to each one of their customers
  • Library of Congress Federal Credit Union
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  • Finance USA Corporation
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