USDA VS FHA in Hobart, Lake County, IN

As of 2025, the USDA loan limit for Hobart in Lake county, IN, is $336,500. Meanwhile, the FHA limit is $472,030 for a single-family home.

The Lendersa® USDA loan calculator helps you compare top rates between USDA and FHA programs, outlining the requirements for income, credit, reserves, and documentation. Use our advanced mortgage calculator to view USDA, FHA, Conforming, and VA loans side-by-side, ensuring you select the best option for your financial scenario in .

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2025 Loan Limits and Downpayment Requirements in Hobart, Lake, 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 Hobart, IN

Lendersa® aims to swiftly match you with the best USDA or FHA loans without hassle. Pick one of these three starting points for connecting with compatible lenders and USDA programs.

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Understanding USDA Loans in IN

A USDA home loan, guaranteed by the U.S. Department of Agriculture, also known as a USDA rural development loan or mortgage, is available exclusively for rural areas. Unlike FHA loans, which require a minimum 3.5% down payment, USDA loans require no down payment.

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



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