USDA Vs. FHA your options comparison in Kokomo, Howard County, IN
In 2026, the USDA loan limit in the city of Kokomo, within Howard County, IN, is set at $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to explore today’s best USDA versus FHA rates, identifying required income, credit score, reserves, and paperwork for qualification. With our comprehensive mortgage calculator, you can compare USDA, FHA, Conforming, and VA options side by side to determine which program in best suits your financial needs.
2026 Loan Limits and Downpayment Requirements in Kokomo, Howard County, 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 Kokomo, IN
Lendersa®'s mission is to swiftly connect you with the best USDA or FHA loan, free of any complications. Choose from three starting points to align with lenders and explore USDA loan possibilities.
The USDA home loan, backed by the Department of Agriculture and commonly called a USDA rural development loan or USDA mortgage, is available only in rural areas. In contrast to FHA loans that require at least a 3.5% down payment, USDA loans require no down payment whatsoever.
HOWARD COUNTY SCHOOL EMPLOYEES FEDERAL CREDIT UNION"
105 Southway Boulevard West, Kokomo, IN, 46902
Lends in Indiana
Howard County schools. His vision became a reality in 1964. During the early days of the credit union, the credit union was run out of Darrell’s house. Many members remember traveling out to Darrell’s house to pick up a check or drop one off in the old “milk crate.” As the credit union grew, there became a need to move the credit union
The Haynes Community Federal Credit Union is a not-for-profit, cooperative financial institution. The purpose of the Credit Union is to promote thrift among members. We were established in 1948 for the employees of Union Carbide Stellite (now Haynes International) and their families. In 2006 we received our Community Charter and are open to anyone
Financial Builders was founded in 1964 for Chrysler Employees. The Credit Union elected seven members to become board members from Chrysler who helped run the credit union in a little storefront building with two office personnel.In 1978 we built the beautiful building we have today housing 28 employees and serving members
City of Firsts Community Federal Credit Union, formerly known as Kokomo School Employees Federal Credit Union, was established in 1938 by Mr. Charles Franklin. As Kokomo School Employees FCU, we serviced the employees of Kokomo Consolidated School Corp. and its family members. In 2006, City of Firsts FCU received permission from the National Credit
Solidarity was started in 1954 by Delco Electronics employees pooling their funds together to help a co-worker purchase a car. They did this by placing a quarter a week in a cigar box until they had enough saved to buy the car. Thus, they started a not-for-profit cooperative called a "credit union.
Mortgage City, Inc. has been in business since 1999. In the last 10 years, we have built a strong reputation as an outstanding mortgage brokerage firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state is a proud member of the Chamber of Commerce and Local Lenders Association of Kokomo.
Providing exceptional financial products and outstanding customer service is our commitment! As a locally owned & operated bank, at Community First Bank of Indiana we view our client as much more than an account, it’s a know-you-by-name relationship.Our team of expert bankers in central Indiana are here to help with all of your checking and saving.
Indiana Heartland Federal Credit Union has been serving the financial needs of hard working people since opening for business in 1932. Indiana Heartland FCU is a full service financial institution, but with the credit union difference of better rates on products and services and a customer-centric focus
Hometown FCU was started in August of 1936 by 33 Square D Company Employees contributing a total of $25. We moved from the Square D property in January 1989 and began serving Miami County in 1991. Our name changed from Square D Federal Credit Union to Hometown Federal Credit Union to better reflect our membership base.
