USDA and FHA Pro and Con in Carmel, Hamilton County, IN

In 2025, USDA loan limit in Carmel, county of Hamilton, IN is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2025 loan limits and downpayment requirments in Carmel, county of Hamilton, 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 Carmel, IN

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Indiana?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

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



  • West View Savings Bank
  • 9001 Perry Highway, Pittsburgh, PA, 15237
  • West View Savings Bank is a Pennsylvania-chartered, FDIC-insured stock savings bank conducting business from five offices in the suburban North Hills of Pittsburgh. Originally organized in 1908 as West View Building & Loan Association, we changed our name to West View Savings and Loan Association in 1954.
  • Federated Mortgage
  • 1301 Grandview Ave, Suite 100, Pittsburgh, PA, 15237
  • At FEDERATED MORTGAGE CORP. you will find low current mortgage interest rates and friendly experienced professionals to guide you through the entire transaction our team of experts can guide you though these complicated waters. After checking your eligibility by clicking here, we will be your advocates throughout the entire process from start to fi
  • American Mortgage Finance
  • 3336 Maple Road, Pittsburgh, PA, 15237
  • American Mortgage Finance, located in Pittsburgh, PA was founded by Jack Catanzarite and Barry Kemper in February 2006. Leveraging the extensive experience of its senior management and loans officers, American Mortgage Finance offers a broad range of mortgage products using the newest and most innovative technology in the industry.
  • TruLending LLC
  • 157 Berkshire Court, Pittsburgh, PA, 15237
  • TruLending acts as a middleman between you and potential lenders. Our priority is you. And, our mission is to work on your behalf with several banks to find the mortgage lender with competitive interest rates that best fit your needs. We have relationships with hundreds of lenders which makes life easier for you.
  • West Penn Financial Service Center Inc.
  • 2250 Babcock Blvd, Pittsburgh, PA, 15237
  • West Penn Financial Service Center Inc., we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders
  • MABC MORTGAGE LLC
  • 2001 Kinvara Drive, Pittsburgh, PA, 15237
  • MABC Mortgage, LLC is committed to personalized service and excellence! Opened in 2004, servicing the State of Pennsylvania, we have built a strong reputation through our commitment to customer service. Honesty, integrity and strong work ethics are at the center of our business practice. We are a Pittsburgh based, woman owned mortgage brokerage.
  • The Port Austin State Bank
  • 62 East State Street, Port Austin, MI, 48467
  • The original Port Austin Bank building was built in 1884 by Richard Winsor and his associate, Horace G. Snover, to house their successful banking, law and insurance firm of Winsor & Snover. Both men were important factors in the political affairs of that period. Mr. Snover served as a probate judge and also as U.S. Representative.
  • Select Seven Credit Union
  • 333 East Main Street, Johnson City, TN, 37601
  • Select Seven Credit Union was originally called Pet Dairy Employees Federal Credit Union and received a federal charter on March 15, 1949. The original charter covered the employees of Pet Dairy Products Company in several southeastern states. we offer members a tremendous choice of financial products such as loans for almost every purpose.
  • HomeWorks Community Lending
  • 214 East Watauga Avenue, Johnson City, TN, 37601
  • We’re on a mission to fulfill housing needs for low to moderate-income families, making home ownership a reality for a multitude of people. Our mission is difficult - housing costs average about $82,000; unfortunately, the poorest sixty percent (60%) of Tennessee residents have average incomes of only $23,300.
  • Encore Lending Group
  • 206 Wesley St., Johnson City, TN, 37601
  • ENCORE LENDING we make your lending expectations our priority. We understand that teamwork between the lender, real estate agents, and insurance companies and title companies is required.When you are ready to better understand your financial choices in home ownership, contact the one Lender that specializes.
  • Defeo Capital Consulting LLC
  • 1251 Gallupe Dr, Pittsburgh, PA, 15226
  • We're the best in our field, and it's all thanks to the incredible relationships we've formed with our clients. Unlike our competitors, we're invested in developing a personal connection with each and every one of our customers, by providing quality service and being available to you 24/7.