As of 2025, the USDA loan limitation for a single-family home in Mount-Vernon, situated in Posey County, IN, is $285,000. In comparison, the FHA loan cap is at $356,362.
You can use the Lendersa® USDA loan calculator to make a side-by-side comparison of today's best USDA vs. FHA rates, and it also analyzes what's needed in terms of income, credit, reserves, and documentation to qualify. Our advanced mortgage calculator allows for a comparison between USDA, FHA, Conforming, and VA loans simultaneously, helping you decide which plan in suits your financial needs best.
2025 loan limits and downpayment requirements for Mount-Vernon, in Posey County, IN
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in Mount-Vernon, IN
Lendersa® is committed to swiftly securing the most advantageous USDA or FHA loan for you, with no hassle. Start with any of the three initial steps to align with lenders and discover available USDA loan programs.
The USDA home loan is government-backed by the Department of Agriculture and also referred to as a USDA rural development loan or USDA mortgage. It is strictly available for properties in rural areas. Unlike FHA loans that demand a 3.5% down payment, USDA loans offer a zero down payment option.
Our mission is to serve our customers with honesty, integrity, and competence. Our goal has always been 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.
Midwest Liberty Federal Credit Union is a not-for-profit financial cooperative owned by its members. Credit unions were founded on the idea that through a cooperative financial effort, individuals sharing common bonds could benefit. Credit unions promote thrift, and income is passed along to its members in the form of higher dividends
Since 1907, we’ve completed millions of transactions. Deposits, loans, withdrawals-- that’s what makes us a bank. But it’s the smiles, laughs, and handshakes that make us part of the community. MNB is a full-service, independent, community bank that has served area families, farms, businesses and communities.
Right Now Mortgage, where we specialize in residential mortgages. At Right Now Mortgage, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
1 Walnut Grove Drive, Suite 300, Horsham, PA, 19044
For over 20 years, APEX has provided small-balance commercial real estate mortgages directly to small business owners and investors who can’t secure traditional financing. We specialize in commercial mortgages ranging from $25,000 to $1.5 million.
We’re about more than just the bottom line.
We listen. We partner. We make smart, fast decisio
The mission of the Peoples Transport Federal Credit Union is to provide high quality financial services to our members and pensioners in a safe and secure professional environment. When you join the Peoples Transport Federal Credit Union, you open a "Share" (Savings) Account and literally become part-owners of the credit union.
West Plains Bank founded as Commercial State Bank opened its doors in Ainsworth on 1913. After a national bank charter was granted on November 1, 1927, the bank changed its name to the Commercial National Bank of Ainsworth The local bank weathered the financial storms of the 20′s, the depression of the 30′s, the hectic periods of both World Wars.
"Vihi Financial was established in 1996 to service the people of Pennsylvania. We've gained the trust of our customers by finding the best financial solutions through our dedication to quality customer service.
We are licensed as insurance broker in PA and NJ. We are also licensed as PA Mortgage Broker in PA"
