USDA Vs. FHA Pro and Con comparison in Boonville, Warrick County, IN

During 2025, the USDA loan limit for Boonville in Warrick county, IN, is set at $336,500. Comparatively, the FHA limit for a single-family residence is $472,030.

Employ the Lendersa® USDA loan calculator to evaluate today's prime USDA versus FHA rates, determining the essential income level, credit score, reserves, and necessary documents for qualification. Our advanced mortgage calculator allows you to compare USDA, FHA, Conforming, and VA loans side by side, helping identify the most suitable program in Alabama for your financial needs.

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Loan limits and down payment requirements in Boonville, Warrick county, IN for 2025

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

Explore USDA and FHA loan choices in Boonville, IN

Lendersa® aims to offer you the quickest and most efficient USDA or FHA loan options. Choose from three starting points that lead to lender matches and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in IN

A USDA home loan is a government-backed mortgage by the Department of Agriculture, also termed the USDA rural development loan or mortgage, designed exclusively for rural areas. In contrast to FHA loans requiring a 3.5% minimum down payment, USDA loans do not require any down payment at all.

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



  • Financial One Mortgage Corporation
  • 110 Northwoods Boulevard, Suite A-1, Columbus, OH, 43235
  • Our goal is to provide our customers with an experienced and highly qualified mortgage banker who will provide the personal care they need throughout the entire mortgage loan process. We realize that for most consumers this is the most significant financial decision they will make, because it involves their most valuable asset - their home
  • The Mortgage Concierge
  • 6840 Caine Road, Columbus, OH, 43235
  • Concierge Mortgage is a full service mortgage provider focusing on the individual needs of our clients. We provide an array of customized financing solutions for residential & commercial purchases and refinances. We utilize tools & resources outside of the standard banking industry to achieve premium financing solutions above the industry standard.
  • Jennifer Hall - Hometown Lenders
  • 150 E. Campus View Blvd, Suite 275, Columbus, OH, 43235
  • Hometown Lenders is here to serve our partners by operating from the core belief that exceeding expectations is the only way to do business. We deliver this pledge of excellence through unsurpassed customer service, leading-edge technology, and expert assistance to provide the most innovative and creative mortgage financing solutions available.
  • The Equitable Mortgage Corporation
  • 3530 Snouffer Road, Suite 100, Columbus, OH, 43235
  • Equitable Mortgage is dedicated to client satisfaction. We are a family owned business and one of Ohio's largest lenders. We take every loan request very seriously and use our expertise to better serve you and Equitable Mortgage has simplified the loan application process. We make it easy to Apply Online.
  • Midwest Independent Bank
  • 910 Weathered Rock Road, Jefferson City, MO, 65101
  • MIB is proud to be able to assist community banks with their lending needs! Our loan team is comprised of individuals specializing in many different areas of lending. Our experienced staff will deliver exceptional customer service in a very professional manner and also MIB is a “bankers’ bank” which provides a wide array of correspondent banking se
  • Missouri Baptist Credit Union
  • 400 East High Street, Jefferson City, MO, 65101
  • Missouri Baptist Credit Union has been open since 1963. The credit union has assets totaling $9.03 Million and provides banking services to more than 1, 000 members. The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
  • MECE Credit Union
  • 2722 East McCarty Street, Jefferson City, MO, 65101
  • MECE Credit Union are not sponsored by Facebook or any other business. Employees, their immediate family members, and the Board of Directors of the Credit Union are not eligible for any prizes. All entrants must be members in good standing with the Missouri Electric Cooperatives Employees' Credit Union to be eligible for the drawing.
  • Hawthorn Bank
  • 132 E. High St., Jefferson City, MO, 65101
  • Founded in 1865, Hawthorn Bank has proudly served Missouri families and small businesses for more than 150 years. A strong supporter of our local communities, we are an advocate for schools, charities, and civic groups in all of our markets. We promote the economic development of our communities