USDA Vs. FHA your options comparison in Mishawaka, St. Joseph County, IN
In 2026, the USDA loan limit in Mishawaka, part of St. Joseph, IN, is $336,500, while the FHA limit for a single-family home is $472,030.
Utilize Lendersa®'s USDA loan calculator to compare the latest USDA vs. FHA rates, determining the required income, credit, reserves, and documents to qualify. Our advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA options side by side to assist in choosing the optimal program in for your financial situation.
2026 Loan Limits and Downpayment Needs in Mishawaka, St. Joseph 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 Options in Mishawaka, IN
Lendersa® aims to deliver the best USDA or FHA loan quickly and without trouble. Choose from three starting points to connect with lenders and explore loan programs.
A USDA home loan, guaranteed by the Department of Agriculture and known as a rural development loan, is available exclusively in rural areas. Unlike FHA loans requiring a 3.5% down payment, USDA mortgages require none.
TLCU Financial has grown into a modern credit union that focuses on meeting our members’ needs. Now, all residents in LaGrange, Marshall, Elkhart and St. Joseph County can join TLCU Financial, or anyone with a family member with an existing TLCU account. Employees from our Select Employee Groups can also become members.
At 1st Midwest Mortgage Corp., our 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
1401 S Lafayette Boulevard, Suite 100, South Bend, IN, 46613
Lends in Indiana
South Bend Transit Federal Credit Union is a member owned non-profit financial institution. We provide services to persons working/retirees from Transpo and their immediate family members. Putting our members first for over 75 years and ensuring the growth of our credit union to continue to serve families present and future.
Our credit union Motto is “People Helping People.” We’re all working together to help each other. As member-owners, we all have a stake in the credit union’s success. The better our credit union does, the better you do. That’s the value of credit union membership. South Bend Firefighters Federal Credit Union was organized on October 1959.
We proudly serve the law enforcement community of St. Joseph County, IN, membership with PFCU is available to others as well. By supporting local law enforcement with a minimal, one time membership fee to the Fraternal Order of Police Associates (FOPA), you too can become a member of Policemen's Federal Credit Union.
218 W. Washington Street, Suite 900, South Bend, IN, 46601
Lends in Indiana
Centennial Mortgage is a privately held results-driven lender providing proactive, end-to-end solutions exclusively for multi-family and healthcare owners/developers seeking HUD and USDA financing. Our approach is delivered with a high-touch level of customer service found only with a specialized lender.
Although we were established as Teachers Credit Union, we’re not just for teachers anymore. Since our founding in 1931, we’ve grown to nearly 60 locations and more than 300, 000 members, making it the largest credit union in Indiana. Also serving southwest Michigan, TCU offers a range of traditional banking services, plus investments and insurance.
Notre Dame Federal Credit Union was born on a sunny afternoon in May 1941, during the course of a conversation at a small tavern off of Notre Dame Avenue. From our humble beginnings operating out of the night watchman's office in the Main Building on the campus of the University of Notre Dame,
Chiphone Federal Credit Union operates as a financial cooperative. The Union provides financial solutions such as loans, investment, savings, credit and debit cards, online banking, and other related services. Chiphone Federal Credit Union serves communities in the State of Indiana.
