USDA and FHA Pro and Con in Mooresville, Morgan County, IN
In the year 2025, the limit for USDA loans in Mooresville, within Morgan County, IN is $336,500. In contrast, the FHA limit for a single-family home is set at $472,030.
Leverage the Lendersa® USDA loan calculator to compare USDA rates against FHA's best rates today. Understand the income, credit, reserves, and documents required for qualification. Our robust mortgage calculator gives you a comparative view of USDA, FHA, Conforming, and VA loans side-by-side, assisting you in selecting the best option for your financial needs in Alabama.
2025 Loan Limits and Down Payment Requirements in Mooresville, Morgan County, IN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Discovering USDA and FHA Loan Opportunities in Mooresville, IN
At Lendersa®, our mission is to efficiently provide you with the most advantageous USDA or FHA loan, free from difficulty. Begin with any of these three approaches to align with lenders offering USDA loan arrangements.
A USDA home loan is a lending program endorsed by the government Department of Agriculture, commonly referred to as the USDA rural development loan or USDA mortgage. It is exclusively available in less urban areas. Unlike FHA loans, which necessitate a minimum down payment of 3.5%, the USDA mortgage requires no down payment at all.
First Community Credit Union is a member-owned, not-for-profit financial cooperative and has provided quality member service for over 85 years. FirstCCU has more than 20, 000 members and $156 million in assets and is a Bauer Financial 5-Star Superior Safety rated credit union for 19 consecutive years.
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.
Smart Financial Services, Inc. was established in 2001 with the mission of creating extraordinary mortgage solutions for the citizens of Wisconsin and Florida. That mission continues to be a driving force through today. Smart Financial Services, Inc. has always sought out the nation's most creative and responsible lenders.
The Great Depression, expansion and breakthroughs in technology; Peoples Bank & Trust has survived and experienced it all since we opened our doors as Peoples Bank of Hawk Point in 1924. There have been peaks and valleys along the way, but we have never stopped in our commitment to providing the best banking and lending products
Veritas Federal Credit Union is a Federally Chartered, Federally Insured Independent Financial Institution originally chartered on July 13, 1973 to serve the employees of Nissan Motor Corporation and other employers.Credit Union is a Federally Chartered, Federally Insured Independent Financial Institution originally chartered on July 13, 1973.
A member-owned financial cooperative dedicated to provide our members and our community with exceptional service, financial products and education.
We have been meeting the financial needs of members and their families since 1966. Membership is available to employees of the Auto Club Group or any of its subsidiary companie
Michigan Columbus offers a variety of savings programs designed to provide financial solutions for your everyday life. We are open to the community of Livonia, Michigan, anyone who lives, works, attends school or church in Livonia, or who is related to a current member is automatically qualified for membership.
Michigan Financial is a full service mortgage company, located in Northville, MI. Michigan Financial is able to offer competitive rates with minimal costs on each mortgage. We focus on personal service & develop a relationship with our clients, to better understand their needs.Call us today, to find out why Michigan Financial is your best solution.
38701 W. Seven Mile Rd, Suite 290A, Livonia, MI, 48152
We know that purchasing a home is one of the most important decisions you may ever have to make. Priority 1 Lending is committed to make your mortgage experience as smooth and pleasurable as possible. We believe in process, people, product and technology. We have staff with over 20 years experience
Huron Valley State Bank officially opened for business in August 2005 as Huron Valley’s first community bank. We are proud to be owned by local investors, governed by local directors and managed by people who live in and support this community. Our mission is to be the financial services provider of choice within our community.
560 North Milford Road, Suite 202, Milford, MI, 48381
Our mission is to serve 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. Most importantly, we promise to help you.
