USDA Vs. FHA your options comparison in McCordsville, Hancock County, IN

In 2025, the USDA loan limit for McCordsville, located in Hancock County, IN, is set at $336,500, while the FHA limit for a single-family home is $472,030.

Use the Lendersa® USDA loan calculator to compare today's USDA versus FHA rates and determine the income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, view USDA, FHA, Conforming, and VA options side by side, helping you decide which program in Alabama fits your financial situation best.

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2025 Loan Limits and Down Payment Requirements in McCordsville, Hancock County, IN

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Explore USDA and FHA Loan Options in McCordsville, IN

Lendersa® aims to quickly connect you to the best USDA or FHA loan without hassle. Select one of three pathways to find matching lenders and discover USDA loan programs that meet your needs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in IN

The USDA home loan is backed by the government Department of Agriculture, known as the USDA rural development loan or USDA mortgage. It is available solely in rural areas. Unlike FHA loans requiring a minimum 3.5% down payment, the USDA mortgage requires no down payment.

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



  • Loantrust Mortgage, Inc
  • 1258 Scottsland Dr., Lakeland, FL, 33813
  • "We have been in the Real Estate and Mortgage service business for over 20 successful years. This longevity and confidence comes from our Real Estate & Mortgage services to a great many buyers and sellers, and their recommendations to others that result in repeat referral business. "
  • Midcoast Federal Credit Union
  • 186 Lower Main Street, Freeport, ME, 04032
  • Midcoast Federal Credit Union is a not-for-profit financial cooperative, owned by our Members who are residents, relatives, or people employed by numerous businesses throughout the Midcoast Region of Maine. Midcoast Federal Credit Union serves the communities of Sagadahoc, Lincoln and Knox counties along with residents and businesses.
  • RMS Credit Services LLC
  • 4700 9th Avenue North, Saint Petersburg, FL, 33713
  • At RMS Mortgage Services LLC, we combine experienced lenders and savvy borrowers with a wide range of lending solutions. We offer traditional residential mortgages, real estate investment portfolio lending, private equity, alternative financing, and private notes among many other lending opportunities.
  • Team Stapleton Home Loans LLC
  • 3035 5TH Ave N St., Saint Petersburg, FL, 33713
  • Team Stapleton Home Loans LLC in St. Petersburg is the friendly mortgage lender with small-town values. Never hesitate to call us, even if you just want to ask a question or you’re not ready to start the home loan application process. Think of us as a neighbor who happens to know a ton about home loans. Of course, if you’re ready to get started.
  • Launch Credit Union
  • 300 S. Plumosa St, Merritt Island, FL, 32952
  • Launch Credit Union was officially chartered in April of 1963, & since then we’ve been providing quality financial products and exceptional service to our members for more than 50 years. We look forward to helping you go beyond to reach your financial goals. Stop by any of our conveniently located branches to open your savings & checking account,
  • SECURITY MORTGAGE CORPORATION
  • 8614 Deep Maple Drive, Riverview, FL, 33578
  • Security Mortgage Corporation specialize in Home Purchase Loans (FHA & Conventional) FHA 203K Home Purchase Rehabilitation Loans Refinance & 125% Mortgage Relief Refinance Loans Reverse Mortgages Low Rate 30 year and 15 year fixed mortgages and We promise to give you and your realtor the best service. We promise to give you a great deal
  • Community Credit Union Maine
  • 144 Pine Street, Lewiston, ME, 04240
  • Community Credit Union has been serving our members & the community since 1945 and hopes you will give us the opportunity to serve you. We also believe strongly in giving back to our community. After all, Community is our name. Board Members, Management and employees of Community Credit Union are personally involved by serving on community boards.
  • Milestones Federal Credit Union
  • 291 Pine Street, Lewiston, ME, 04240
  • Milestones Federal Credit Union (formerly known as Lewiston Municipal Federal Credit Union) has been open since 1944. We have amazing low rates, and higher rates for certificates. The credit union has assets totaling $30.13 Million and provides banking services to more than 2, 000 members.