USDA Vs. FHA your options comparison in Mitchell, Lawrence County, IN
In 2025, the USDA loan limit for Mitchell in Lawrence, IN, is set at $336,500, while the FHA limit for a single-family home is $472,030.
Utilize Lendersa®'s USDA loan calculator to compare today's most competitive USDA and FHA rates. Understand the necessary income, credit, reserves, and documents required for eligibility. Our sophisticated mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side by side, helping you decide which option in is best suited to your financial needs.
2025 Loan Limits and Downpayment Requirements in Mitchell, Lawrence, IN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Understanding USDA and FHA Loan Options in Mitchell, IN
Lendersa® aims to help you acquire the most suitable USDA or FHA loans promptly and with ease. Begin with one of three starting options that align you with potential lenders offering USDA loan programs.
A USDA home loan, backed by the Department of Agriculture, also called a USDA rural development loan or USDA mortgage, is available only in rural areas. In contrast to FHA loans, which require at least a 3.5% down payment, USDA loans do not require any down payment.
It takes more than physical location to be part of a neighborhood; it takes a dedicated, unwavering determination to help better the community & the lives of its residents. Since we live & raise our families in the towns we serve, our interests & those of our customers overlap.We all benefit from having a thriving, safe & culturally rich community.
Commercial Capital Investor Group is a multi-faceted firm providing numerous sources of liquidity and capital investment to both the commercial and residential investment real estate markets. Our innovative simple documentation, no income verification loan programs set us apart from the competition and enables us to close loans that banks.
Established in 1987 and known as the “Hometown Bank, ” Charlotte State Bank & Trust serves the financial needs of customers throughout Southwest Florida, including full-service offices in Punta Gorda, Charlotte Harbor, Port Charlotte and North Port; Loan Production Offices in Collier
750 Tamiami Trail, Unit 2, Port Charlotte, FL, 33953
BayPort Lending has a team of loan agents with experience and knowledge to guide you through the home buying process. We are local, based in Port Charlotte, Florida and serve the Southwest Florida region.Our team can get you pre-qualified to get a new home or refinance a home.We guide you through the entire process, helping you get the lowest rate.
474 N Tamiami Trail, Suite 3, Port Charlotte, FL, 33953
Morningstar Mortgage has been doing mortgages in Florida for 10 years. We provide the lowest rate on USDA 100% loan ,FHA Loans and Conventional home mortgages CLOSED IN 10 DAYS! Morningstar Mortgage Specialties in USDA, FHA home loans, mortgages, Home Financing , Homepath, fixed rate loans
Frontier Bank of Texas started in June of 2007 when five area leaders realized the need for a local, independent bank of Bastrop County. They came together and created a vision for a community bank that offers superb customer service, sophisticated financial products, and local leadership.
We will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the ideal mortgage for you.
The Columbus State Bank opened for business on August 19, 1919, with Mr. E.B. Mayes as president. Columbus State Bank was located on the corner of Milam and Walnut streets in the remodeled Boedecker building, which was originally constructed in 1857. The bank opened its doors with $50,000 in capital and received $5,398 in deposits on opening day.
Our mission is to provide our members with quality, affordable financial services in a responsible, efficient, professional, & convenient manner. Deposits are insured through the National Credit Union Administration & the MA Share Insurance Corporation. Rockland Federal Credit Union is a federally chartered credit union, established in 1922.
We build strong relationships with our customers, helping business owners grow their companies, and helping individual consumers be successful by providing straightforward products and convenient service. Our success is based on having respectful and knowledgeable bankers, as well as robust technology available to our customers.
