USDA and FHA Pro and Con in Lebanon, Boone County, IN

As of 2025, the USDA loan limit in Lebanon, located in the county of Boone, IN reaches $336,500, whereas the FHA limit for a single-family residence stands at $472,030.

Utilize the Lendersa® USDA loan calculator to contrast today's premier USDA and FHA interest rates, and identify the income, credit, reserves, and documentation required for qualification. Through our sophisticated mortgage calculator, simultaneously view USDA, FHA, Conforming, and VA options, assisting in choosing the optimal program in tailored to your financial needs.

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2025 Loan Limits and Down Payment Specifications in Lebanon, Boone 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 Programs in Lebanon, IN

The objective of Lendersa® is to facilitate a seamless and prompt acquisition of the ideal USDA or FHA loan. You can choose from three entry points to connect with lenders and USDA loan programs.

Lendersa USDA loan request and match results

Understanding USDA Loans in IN

A USDA home loan, endorsed by the government Department of Agriculture and also termed USDA rural development loan or USDA mortgage, is exclusively available in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA mortgages do not demand any down payment.

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



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