USDA VS FHA in Carmel, Hamilton County, IN

In 2025, the USDA loan cap for Carmel in Hamilton, IN, is $336,500. Meanwhile, the FHA limit for a single-family residence is $472,030.

Leverage the Lendersa® USDA loan calculator to contrast today's highest USDA and FHA rates to determine the necessary income, credit, reserves, and documentation for qualification. Our advanced mortgage calculator allows you to evaluate USDA, FHA, Conforming, and VA options side by side, which helps you pick the right program in tailored to your financial situation.

Explore offers from 100 lenders

2025 Loan Limits and Downpayment Requirements in Carmel, Hamilton 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 Opportunities in Carmel, IN

At Lendersa®, our goal is to promptly secure the best USDA or FHA loan for you without stress. Select from three starting points to connect with lenders and explore USDA loan options thoroughly.

Results from Lendersa USDA loan requests

What is a USDA Loan in IN?

The USDA home loan, backed by the U.S. Department of Agriculture, sometimes referred to as a USDA rural development loan, is available solely in rural areas. Unlike FHA loans requiring at least a 3.5% down payment, USDA loans require no down payment at all.

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



  • Xplore Federal Credit Union
  • 5500 Veterans Memorial Boulevard, Suite 100, Metairie, LA, 70003
  • Xplore Federal Credit Union is a full-service financial institution serving the communities of Orleans and Jefferson parishes. With over 70 years of banking experience and services to fulfill all needs, Xplore is the ideal partner for financial success. Federally chartered in 1947.
  • Jefferson Financial Credit Union
  • 7701 Airline Drive, Metairie, LA, 70003
  • Jefferson Financial Federal Credit Union is a member-owned, not-for-profit financial institution serving more than 50, 000 members with fourteen locations across south Louisiana. Originally chartered in 1966, the first JFFCU branch was located on the second floor of a floral shop and existed primarily to serve employees
  • Pablo Beach Mortgage Inc
  • 13978 Sea Prairie Lane, Jacksonville, FL, 32224
  • Pablo Beach Mortgage, Inc. is committed to helping you find the right mortgage product for your needs. We understand that each borrower is unique, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools.
  • First South Mortgage LLC
  • 4432 Crooked Creek Drive, Jacksonville, FL, 32224
  • First South Mortgage, LLC is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools.
  • Triad Financial Services, Inc.
  • 13901 Sutton Park Drive South, Suite 300, Jacksonville, FL, 32224
  • Triad Financial Services, Inc. is one of the oldest and most trusted lenders in the manufactured home industry with over 60 years of lending experience. Triad is trusted by customers, dealers, lending institutions and realtors alike and has helped tens of thousands of families realize their American Dream of homeownership.
  • First Florida Financial, Inc
  • 13400 Sutton Park Dr South, Suite 1502, Jacksonville, FL, 32224
  • First Florida Financial, Inc is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools.
  • Neighbors Federal Credit Union
  • 12529 Perkins Road, Baton Rouge, LA, 70810
  • Neighbors Federal Credit Union is a not-for-profit financial cooperative operating as an association dedicated to "people helping people."​ A handful of educators started Baton Rouge Teachers in 1954 with a shoe box, a couple hundred dollars and the goal of making financial services available to school system employees in our area.
  • Windsor Locks Federal Credit Union
  • 516 Spring Street, Windsor Locks, CT, 06096
  • Windsor Locks Federal Credit Union is a locally based, community chartered federal credit union serving Hartford County. That means anyone who lives, works, worships, or goes to school in any of the towns of Hartford County and their immediate family members are eligible to open an account at the Credit Union.
  • Louisiana Federal Credit Union
  • 805 Robin Street, La Place, LA, 70068
  • Louisiana Federal Credit Union has been open since 1935. It's the 11th largest credit union in Louisiana with assets totaling $473.99 Million and providing banking services to more than 36, 000 members. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups.
  • Gulf Mortgage Group, LLC
  • 38034 Post Office Road, Suite A, Prairieville, LA, 70769
  • Gulf Mortgage Group, LLC, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
  • Washington State Bank
  • 103 N. Main St, Washington, LA, 70589
  • Washington State Bank is an independent, locally-owned community bank. We offer modern and efficient systems in order to provide excellent products and services. Personal and Business Banking Available Checking Accounts, Savings Accounts, Loans, Mortgages, etc. The types of personal information we collect and share depend on the product