USDA Vs. FHA your options comparison in Loogootee, Martin County, IN
For the year 2026, the USDA loan cap in Loogootee, within the county of Martin, IN, is set at $336,500, whereas the FHA loan limit stands at $472,030 for single-family homes.
Utilize the Lendersa® USDA loan calculator to compare today's top USDA against FHA rates. Determine the income, credit score, reserves, and documents required for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side by side, making it easier to decide which program in suits your financial situation best.
2026 Loan Limits and Down Payment Requirements in Loogootee, County of Martin, 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 Alternatives in Loogootee, IN
Lendersa® is focused on providing you with the most suitable USDA or FHA loan quickly and without hassle. Choose one of the three starting points to find lenders who match your requirements and get involved in USDA loan programs.
A USDA home loan, guaranteed by the Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage and is limited to rural areas. Unlike FHA loans, which require a down payment of at least 3.5%, USDA loans do not require any down payment.
Crane Federal Credit Union was chartered in 1955. We are member owned, governed by a member elected volunteer board, not for profit, and tax exempt. Our mission is to "Cooperatively promote member thrift by providing practical financial services and benefits which equitably enhance the financial growth of our membership.
First Federal Savings Bank was established in Washington, Indiana in 1895. The Bank's organizational meeting was held on January 31, 1895 and its first Board of Directors included Hiram Hyatt, William Heffernan, Aikman Carnahan, Zed Benham, William A. Healy, Hamlet Allen, John M. Smith, E.A. Crosson and M.F. Burke.
Springs Valley Bank & Trust Company will enhance the financial quality of life in our communities by focusing on you. We value COMPETENCE. Initiative without competence is emphasizing effort, when results are what really matters. Continuous learning provides knowledge which allows us to care for our customers.
The Mortgage Company of Southern Indiana would love to assist you with your next home-buying experience! The Mortgage Company of Southern Indiana has been helping people for over 13 years and delivers excellent customer service to help you every step of the way qualify for your next home mortgage.
FARMERS AND MECHANICS MUTUAL BUILDING, LOAN AND SAVINGS ASSOCIATION was organized on April 14, 1892 in Bloomfield, Indiana by a number of civic-minded individuals interested in the betterment of Bloomfield, through thrift and homeownership.The assets of the association in 1892 were $50,000.00. Assets grew at an exceptionally swift pace from 1892 to
Bedford Federal Savings Bank has provided Bedford and Greater Lawrence County with leading-edge deposit and lending opportunities. Additionally, the Bank has been a force for good in the community and its youth through philanthropy and service. Now in its tenth decade, the Bank maintains its commitment to serving the communities of Lawrence County.
We’re a Credit Union, not a bank. We charge fewer fees than banks, in addition to having competitive rates. We operate in 40 southern Indiana and northern Kentucky membership counties. You can be a member, too! Hoosier Hills Credit Union is your community cooperative financial institution, serving Southern Indiana
3900 South Walnut Street, Suite C, Bloomington, IN, 47401
Lends in Indiana
Indiana Mortgage Company Inc, 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 & your family from the many mortgage options available.
Western Indiana Credit Union was established in 1932 by local farmers in hopes to help the community. Since then, we have continued to grow and have expanded our services. WICU is a not-for-profit, member-owned financial institution. WICU is governed by a board of directors which are comprised of members of our community.
