USDA and FHA Pro and Con in Melody-Hill, Vanderburgh County, IN

For 2025, the USDA loan limit in Melody-Hill, Vanderburgh, IN, is set at $285,000, while the FHA limit for a single-family dwelling is $356,362.

Utilize the Lendersa® USDA loan calculator to evaluate today's leading USDA vs. FHA rates. Determine the income, credit, reserves, and documents required to qualify. Our advanced mortgage calculator offers a side-by-side comparison of USDA, FHA, Conforming, and VA loans, assisting you in selecting the program in that suits your financial situation best.

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2025 Loan Limits and Downpayment Requirements in Melody-Hill, Vanderburgh, IN

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Choices in Melody-Hill, IN

The aim of Lendersa® is to quickly and efficiently secure the best USDA or FHA loans for you. Choose from three initial strategies to connect with lenders and access USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in IN

The USDA home loan, guaranteed by the Department of Agriculture and also known as a USDA rural development loan or USDA mortgage, is available exclusively in rural areas. Contrasting FHA loans, requiring at least a 3.5% down payment, USDA loans require none.

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



  • Symmetry Mortgage Corporation
  • 5382 Clemons Rd, Bettendorf, IA, 52722
  • Symmetry was formed in 2001 for the purpose of providing a value added service to the real estate transaction. There is not a better choice of lender within the state of Iowa for handling your home purchase than Symmetry. You have probably found Symmetry because you were referred by a friend or relative who is a Symmetry "Raving Fan"!
  • Bank of Okolona
  • 227 West Main Street, Okolona, MS, 38860
  • The Bank of Okolona is a hometown bank that has been serving Chickasaw County and the surrounding area for over 75 years. Whether it is a personal deposit account or a business loan that brings you to the Bank of Okolona, we can help. We hope this website and its contents will be helpful with your banking from home or the office.
  • Ohio Valley Bank
  • 420 Third Avenue, Gallipolis, OH, 45631
  • 16 offices in southern Ohio and western West Virginia. The bank is headquartered in Gallipolis, Ohio and is a subsidiary of Ohio Valley Banc Corp. Ohio Valley Bank is credited for many banking ""firsts""​ in its region. The bank was the first in Gallia County to offer ATMs, in-store branches, banking on Sunday and most holidays, internet bank
  • Georgia Power Northwest Federal Credit Union
  • 906 North Broad Street SE, Rome, GA, 30161
  • (GPNWFCU) was chartered in 1935 as Georgia Power Rome Division Employees Credit Union, exclusively servicing Georgia Power employees working in the Rome, Georgia area. In the late 90’s, we changed our name to Georgia Power Northwest Federal Credit Union and sought out addition Select Employee Groups.
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  • 1 Corporate Dr, Suite 360, Lake Zurich, IL, 60047
  • Dovenmuehle, we understand the importance of your members and provide the solutions and experiences you need to build trusted relationships with them. Our commitment to innovation and technology means we develop leading member experiences and our thoughtful approach to service means we provide the care and hands-on support they need.
  • Long Grove Mortgage Bancorp
  • 4180 North Route 83, Suite 8, Lake Zurich, IL, 60047
  • Our experience and expertise have enabled us to navigate through the recent mortgage crisis. Many other companies closed, but we sharpened our skills and not only are we still open, but we are stronger, more experienced, and better equipped to handle your financing needs. We are a full-service mortgage lender with an experienced staff.
  • Macon-Atlanta State Bank
  • 1513 North Missouri Street, Macon, MO, 63552
  • MA Bank opened its doors for business in 1893 after the founder, Jett Dearing, rode on horseback to sell stock to local businessmen and farmers. MA Bank has always been locally owned and takes great pride in serving the needs of our community. We have never forgotten that it was local people that gave us our start.
  • Horizon Credit Union
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