USDA Vs. FHA your options comparison in Connersville, Fayette County, IN
During 2025, in Connersville, within the county of Fayette, IN, the USDA loan limit is capped at $336,500, whereas the FHA limit for a single-family home reaches $472,030.
Utilize the Lendersa® USDA loan calculator to assess and contrast the most competitive USDA and FHA rates available today. You can determine income, credit, reserve requirements, and the necessary documentation for eligibility. By using our advanced mortgage calculator, you can visually compare USDA, FHA, Conforming, and VA loan options side-by-side, which helps in determining the most suitable program for your specific financial needs in .
2025 Loan Limits and Down Payment Requirements in Connersville, County of Fayette, IN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Connersville, IN
Lendersa® strives to secure the best USDA or FHA loan for you without delay and hassle. Start from one of three pathways to match with lenders and find the ultimate USDA loan programs.
A USDA home loan is a government-backed financing option, commonly referred to as a USDA rural development loan or USDA mortgage, and is specifically available in rural areas only. Unlike FHA loans that necessitate a minimum down payment of 3.5%, USDA loans are distinctive as they require no down payment whatsoever, making them uniquely beneficial for qualifying buyers.
Willow Island Federal Credit Union was chartered on March 4, 1953. The chartering members were Raymond E Leach, Earl D Ellis, R C Lantz, Alfred T Hall, John H Cramer, D Ernest Wilcox, & R K Britton. The credit union was organized due to the need for employees to be able to obtain loans at a reasonable rate.
Stoffer Mortgage is a mortgage services company based in Canton, Ohio. We offer conventional, FHA, USDA, jumbo, and VA mortgages for residential transactions to purchase or refinance one to four-unit dwellings. These properties can be utilized for owner occupancy, vacation/second homes, or investment.
Pioneer Financial Services Inc. is a locally owned and operated company serving all of Ohio. Founded in 2000, we were built on honesty, integrity, and personal service. We offer a wide variety of loan programs with fast and efficient service. Our knowledgeable staff has over 50 combined years of experience originating mortgage loans.
In 1899 the three sons of William H. Greer opened the doors of a bank at 122 North Main Street in Magnolia. The original name was William H. Greer’s Sons, but in 1910 the bank was incorporated as The Bank of Magnolia Company.
The Bank of Magnolia has grown over the past century, currently operating offices in Magnolia, East Sparta and Canton.
In 1951, Summit Federal Credit Union ( then known as Summit School Employees Federal Credit Union), like all credit unions, was organized because a handful of people believed in an idea and were willing to work, to serve, to create and to bring to reality a cooperative financial institution. We organized for mutual protection
Our credit union was founded in Akron, Ohio in 1933 to give financial support to postal workers. The credit union operated out of the Akron Post Office until 1968. By 1975, our membership grew to include many more members of the community, so we changed our name to Buckeye State Credit Union.
BFG Federal Credit Union has been open since 1935. The credit union has assets totaling $171.85 Million and provides banking services to more than 23, 000 members
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
Chiropractic Federal Credit Union (CFCU) began as a federally chartered credit union in 1950, when a group of Chiropractors were having difficulty obtaining loans from other financial institutions in order to advance their practices. These Doctors decided to pool their resources and form a credit union that would provide them with savings programs,
People's Bank and Trust Company of Pickett County was established in November 1978 and since that time has grown to over $200 million in total assets. In March 2006 our holding company, Upper Cumberland Bancshares, Inc, opened a sister bank in Albany, Kentucky. On July 15, 2021, we combined the two banks to give our customers the convenience of two
