USDA Vs. FHA Pro and Con comparison in Griffith, Lake County, IN
In 2025, the USDA loan cap in Griffith, within Lake county, IN, amounts to $336,500. In contrast, for a single-family dwelling, the FHA cap is $472,030.
To evaluate today's top USDA and FHA rates, use the Lendersa® USDA loan calculator which can also help you identify the income, credit score, reserves, and documentation needed for eligibility. By utilizing our state-of-the-art mortgage calculator, you can compare USDA, FHA, Conforming, and VA options side by side, enabling you to choose the best program tailored to your financial needs in .
Loan Limits and Downpayment Requirements for 2025 in Griffith, Lake, 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 Griffith, IN
Lendersa® aims to connect you quickly and effortlessly with the ideal USDA or FHA loans. Begin with one of three available paths that lead to pairing with suitable lenders and USDA loan options.
The USDA home loan, backed by the U.S. Department of Agriculture, also known as the USDA rural development loan or mortgage, is available solely in rural locales. Unlike FHA loans which necessitate a minimum down payment of 3.5%, USDA loans require no down payment at all.
Weimin Loans Mortgage one is more suitable, fixed interest rate or floating interest rate? Usually, if you plan to sell a house within 7 years, you can consider a floating-rate loan because its initial interest rate is lower than a fixed-rate loan. If the plan changes in the future, you can consider refinancing at that time.
Security First Bank of North Dakota is a locally operated, family owned community bank. We have four main banking offices, which are located in Center, New Salem, Mandan and Bismarck. We also have a part time office in Almont. Security First Bank of North Dakota was founded by local, Morton County folks in New Salem.
Sugar River Savings Bank was founded in 1895 by a group of local businessmen who saw the need for a local bank, managed by local people who were committed to the growth and prosperity of the community. As a mutual bank, headquartered in Newport, NH, we service the surrounding communities of Newport, Sunapee, New London, Grantham, Warner, Bradford
113 N. Poydras Street, Suite 202, Lewisville, TX, 75057
At Finance America, we believe that home loans should be simple, personal and able to meet a borrowers’ changing financial needs. Our customers come from all walks of life, so instead of trying to fit them into predefined boxes, we assess their application on a case by case basis to find the loan that best suits their needs.
At Stonebriar Mortgage. Based in Dallas, TX, we serve customers in and around the Dallas metropolitan region. Our team has assisted clients throughout the state of Texas including San Antonio, Houston, Austin, Highland Park, Prosper, Frisco, Plano, McKinney, Canyon Lake, Seguin, TX, and the surrounding areas.
Dallas Mortgage Associates committed and passionate professional who puts my clients' best interests and satisfaction above all else. My teams determination to cater to our clients' specific needs coupled with our market expertise, attention to detail and superior negotiating skills allows you to receive first class service.
Innovations is not a bank. We’re a credit union.
We’re a not-for-profit financial cooperative, made up of a bunch of wonderful members–all of whom have some kind of connection to Bay County. If you live, work, worship, volunteer, or attend school in Bay County, Florida, you’re eligible to join. Business and other legal entities are in too.
Florida Rural Electric Credit Union was chartered in December 1975 to serve the Rural Electric Cooperatives in Florida. The Credit Union was housed in the Florida Electric Cooperatives Association, Inc., (FECA) building in Tallahassee and served as a supported entity of the Associations member January 1999 the Credit Union Board.
FAMU Federal Credit Union is a not for profit financial institution located at 1610 South Monroe Street Tallahassee, Florida 32301 in the United States. Established in 1935, FAMU Federal Credit Union is a low income and minority designated federal credit union with a Community Development Financial Institutions (CDFI) certification
