USDA Vs. FHA Pro and Con comparison 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 .
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.
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.
Next Bridge Funding was founded to meet the needs of underserved traditional bank customers. We provide fast, short term, Real Estate Financing on Commercial Real Estate in the Midwest. We pride ourselves on working at the speed of our customers. The Real Estate Market moves fast and so do we.
Established in 1885, Citizens Federal has been providing friendly and personal service to individuals and businesses for over 136 years. We take pride in our community and service to our customers. We provide a wide range of deposit accounts and lending products. Citizens Federal Savings and Loan Association serves customers in the state of Ohio.
we had a vision. In 1993 our founders saw a need for a bank in our community that would focus on small to medium-sized businesses—a bank that was willing to take a chance on the success of our clients by focusing on what is best for them.
They were the pioneers of a new idea: entrepreneurs serving other entrepreneurs.
Real Community Bank, which means that when we accept your deposits, we invest that money back into this area in the form of home mortgages for your neighbors, business loans for your merchants, and education savings plans for your school children. We support our community with our donations to local schools, clubs, charitable organizations.
The First National Bank in Olney is an independent, locally owned and managed provider of financial services that is dedicated to serving Richland, Clay, Crawford and Jasper Counties with quality products and services designed to maintain a profitable relationship with its customer base, and to support our role in attracting.
With hundreds of mortgage branch and loan officer employment opportunities out there, making a choice on who to sign up with is not an easy task! MBN SERVICES CORP, Inc is here to help save you time, energy and money trying to find the best mortgage branch and/or loan officer employment opportunity that will fit YOUR needs at NO COST to you!
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 and your family from the many mortgage options that are available today.
GenoaBank, founded in 1902, is a locally-owned, independent community bank that provides a broad range of banking services to both business and private customers in counties of Lucas, Ottawa, Sandusky, Wood, Fulton, Erie and the Michigan County of Monroe. Since the time GenoaBank first opened its doors, it has continued to expand
Huron Valley State Bank officially opened for business in August 2005 as Huron Valley’s first community bank. We are proud to be owned by local investors, governed by local directors and managed by people who live in and support this community. Our mission is to be the financial services provider of choice within our community.
560 North Milford Road, Suite 202, Milford, MI, 48381
Our mission is to serve with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan. Most importantly, we promise to help you.
The Farmers State Bank and Trust Company has been proudly serving the Morgan County Community for over 100 years.
The Farmers State Bank and Trust Company was organized in 1910 under a charter issued by the State of Illinois. Upon subscribing the necessary capital, a group of prominent businessmen.
