USDA Vs. FHA Pro and Con comparison in Crown-Point, Lake County, IN
In 2025, the USDA loan limit in Crown-Point, within Lake county, IN, stands at $303,600, whereas the FHA limit is $379,500 for a single-family home.
Utilize the Lendersa® USDA loan calculator to compare top USDA and FHA rates today and determine the necessary income, credit, reserves, and required documents for qualification. Our advanced mortgage calculator allows for side-by-side comparison of USDA, FHA, Conforming, and VA options, guiding you to the best choice for your financial needs in .
2025 Loan Limits and Downpayment Requirements in Crown-Point, Lake, IN
Loan Type
Loan Limit
Down Payment
USDA
$303,600
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Crown-Point, IN
The goal of Lendersa® is to secure you the best USDA or FHA loan quickly and effortlessly. Select one of three starting points that lead to matching lenders and USDA loan programs.
A USDA home loan, guaranteed by the government Department of Agriculture, also known as a USDA rural development loan or mortgage, is available exclusively in rural areas. Unlike FHA loans that require a minimum 3.5% down payment, a USDA mortgage requires no down payment at all.
Our mission is to help our clients, co-workers, and communities succeed. Decisions are made locally. Deposits made with us stay in our communities, becoming funds for the loans and donations that fuel local economic development. Citizens State Bank is a fourth-generation family-owned community bank.
Blaw Knox Credit Union is a great place to save your money. Our share accounts provide a great vehicle for saving money for those special events in life. Maybe you are saving for Christmas, or a wedding. It could be for college education, or just for that rainy day. Whatever the reason, Blaw Knox Credit Union provides better
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First Mid Bank & Trust, N.A. (“First Mid Bank”); First Mid Wealth Management Co.; and First Mid Insurance Group, Inc.First Mid is a $6.0 billion community-focused organization that provides a full-suite of financial services including banking, wealth management, brokerage, ag services, & insurance through a sizeable network of locations throughout.
We were founded in 1934 by employees of West Bend Aluminum Company to provide affordable access to financial services for employees. Much has changed in the financial arena since 1934, but the mission remains the same - People helping people to improve the financial well-being of each member.
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