USDA VS FHA 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?



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