USDA and FHA Pro and Con in Merrillville, Lake County, IN
In 2025, the USDA loan limit in Merrillville, situated in Lake county, IN, is set at $336,500. For a single-family home, the FHA limit is $472,030.
Lendersa® provides a USDA loan calculator to contrast today's top USDA and FHA rates. Determine the income, credit score, reserves, and documents required to qualify. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA loans side by side, assisting you in selecting the most suitable program for your financial situation in .
2025 Loan Limits and Downpayment Requirements in Merrillville, Lake 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 Choices in Merrillville, IN
Lendersa® aims to connect you with the best USDA or FHA loan promptly and hassle-free. Choose one of three starting options that lead to matching lenders and USDA loan opportunities.
A USDA home loan, guaranteed by the U.S. Department of Agriculture, also referred to as a USDA rural development loan or mortgage, is available only in rural areas. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans do not necessitate any down payment.
3205 Eaglecrest Drive Northeast, Suite 206, Grand Rapids, MI, 49525
Riverbank Finance is a locally owned Grand Rapids Mortgage Broker that offers mortgage loans for both refinancing and home purchases. Our extensive list of mortgage programs allows us to offer some of the most competitive mortgage rates and options in the industry. Our contracts with several banks
West Michigan Mortgage, offering personalized mortgage solutions, fast customized quotes, great rates, & service with integrity.
We’re here to make the home loan process easier, with tools and knowledge that will help guide you along the way. Start with a fast, personalized rate quote.
3205 Eaglecrest Drive Northeast, Suite 206, Grand Rapids, MI, 49525
We are a locally owned mortgage company that specializes in home-buyer financing. Our wide range of home loan programs allows us to offer tailored mortgage programs based on each client's individual needs. Most of our loan options have no lender fees while also having some of the lowest rates in the industry.
5500 Northland Dr NE, Suite J, Grand Rapids, MI, 49525
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
"Chapman Mortgage has been in business since January 2000. We are a local company on the southside of Indianapolis. We are licensed to serve the entire state of Indiana. Chapman Mortgage offers the following mortgage products: Purchase
Refinance
Fixed & ARMs
Conventional Loans
FHA Loans
VA Loans"
At Forte Bank, our goal is to enhance your opportunities for financial success and safeguard your assets. That was our goal when we opened our doors in 1907, and it still rings true today. As an independent community bank, we believe we are responsible for supporting our local businesses, associations and community projects.
Greenwoods is headquartered in Lake Mills, WI, founded in 1884 and is a FDIC state-chartered bank. We have locations in Jefferson, Green, Rock, Racine, Walworth and Waukesha Counties.
Greenwoods is a high touch, community focused bank centered on you, our customer. We have all of the most advanced technology products
Bank of Lake Mills was organized in 1893 by S. A. Reed, E. J. Fargo, L. D. Fargo, David Gardner, B. J. Silliman, R. E. Favill, Robert Fargo, William Everson and Conrad Engsberg. The bank was built despite the numerous bank failures that occurred that same year.
In 1919, Emil Neupert joined Bank of Lake Mills and became Bank President.
