USDA Vs. FHA Pro and Con comparison in Lake-Station, Lake County, IN

In 2025, the USDA loan cap for Lake-Station in the county of Lake, IN, is $303,600, while a single-family home under the FHA limit takes on $379,500.

With the Lendersa® USDA loan calculator, you can compare the best rates available today for USDA versus FHA. This will help you ascertain the needed income, credit rating, reserves, and documentation for qualification. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA loans in parallel, assisting you in determining the most suitable program for your financial scenario in Alabama.

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Loan limits and downpayment requirements for Lake-Station, Lake, IN in 2025

Loan Type Loan Limit Down payment
USDA $303,600 0%
FHA $379,500 3.5%
Conventional Conforming $548,250 3%

Exploring USDA and FHA loan options in Lake-Station, IN

At Lendersa®, we aim to help you swiftly acquire the best USDA or FHA loan with ease. Choose from three starting points to link with matching lenders and USDA loan offerings.

Lendersa USDA loan request and matching results

What are USDA Loans in IN all about?

The USDA home loan is backed by the U.S. Department of Agriculture, often referred to as a USDA rural development loan or mortgage, and is accessible exclusively in rural regions. Unlike FHA loans, which demand a minimum down payment of 3.5%, USDA loans require no down payment at all.

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



  • UTOPIA HOME MORTGAGE
  • 1500 Lobdell Ave, Suite A, Baton Rouge, LA, 70806
  • At Utopia Home Mortgage, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly. Also, the big banks have a limited number of lending options available.
  • Essential Federal Credit Union
  • 2370 Towne Center Blvd, Baton Rouge, LA, 70806
  • Essential FCU is a community chartered Credit Union. Our field of membership includes the nine parishes of the Greater Baton Rouge Community! Now, anyone who lives, works, worships or attends school in the following parishes may join Essential Federal Credit Union: East Baton Rouge, West Baton Rouge, East Feliciana, Etc
  • One World Bank
  • 2449 Walnut Hill Lane, Dallas, TX, 75229
  • Since the first day One World Bank opened its doors it began with one mission and that is to provide personal and customized financial services to our customers. We are committed to making your banking experience an enjoyable one. It is my sincere and personal commitment that you will enjoy banking with us and enjoy working with our staff.
  • HSC Financial Services LLC
  • 11536 Harry Hines Boulevard, Suite 215, Dallas, TX, 75229
  • HSC Financial Services was founded in 2015 as a financial planning firm, serving both individuals and small-business owners. Since then, it has been licensed to operate an insurance agency and registered investment advisor (RIA). While clients remain free to implement their financial.
  • Chartwell American Mortgage, LLC
  • 800 Parker Square, Suite 205, Flower Mound, TX, 75028
  • Chartwell American Mortgage We strive to be your home lender for life. When venturing into the home finance arena, you need someone that has the experience and relationships to navigate you through the process. Find out how we can help. and camloans.com is your online resource for personalized mortgage solutions.
  • J Philips Mortgage, Inc.
  • 3020 Corporate Court, Suite 500, Flower Mound, TX, 75028
  • J Philips Mortgage, Inc. has been offering professional mortgage services to homebuyers in the Flower Mound, and all over the DFW, area since 2007. Judy Philips has over 18 years’ experience in the mortgage field and after numerous years working for a previous company, she decided to open up her own.
  • Creekview Realty
  • 3201 Cross Timbers Road, Building 6, Suite 600, Flower Mound, TX, 75028
  • Creekview Realty was founded in 2002 and is headquartered in Plano, TX. John Prell is the broker, and has over 30 years experience over 4 states in various capacities of the real estate business, including investing, hard money lending, residential & commercial construction, renovations, consulting, and brokerage.
  • Kumar Home Mortgge
  • 1340 Otter Way, Coppell, TX, 75019
  • We are Mortgage Broker, an independent agent for both the mortgage loan applicant and the lender. We stand as facilitate between you and the lending institution. We can look at your financial situation to determine which lender is the right fit for your loan needs. In other words we help you shopping by comparing different rates from lenders.
  • AmeriFund
  • 620 Forest Hill Drive, Coppell, TX, 75019
  • AmeriFund Funding Corporation. Main Office in Coppell, Texas. For more than 23 years Texas based AmeriFund has been providing the guaranteed lowest interest rates and the easiest and quickest application process in the industry. Cutting edge technology the highest locked loan delivery rates in the industry enable us.