USDA Vs. FHA Pro and Con comparison in New-Albany, Floyd County, IN
In 2025, USDA loan limit in New-Albany, county of Floyd, IN is $285,000 while FHA limit is $356,362 for a single-family home.
Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.
2025 loan limits and downpayment requirments in New-Albany, county of Floyd, IN
Loan Type
Loan Limit
Down payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA loan options in New-Albany, IN
Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.
USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
The Co-op Credit Union was organized in 1940 when the co-operative movement was going strong in the rural areas. Nine people who believed in the co-op movement and the impact it had on the financial well-being of people met at the Co-op Grocery Store and the idea of a credit union was born.
Pine Country bank takes pride in providing our area businesses with the products and services you need to make your business successful. Whether your business is new or well-established, small or large, our business banking professionals get to know your business and work with you to meet your individual business needs.
Gulf Coast Bank is a locally-owned and operated full-service banking institution with 9 locations within Lafayette and Vermilion Parishes. Whether your financial needs are personal or business related, Gulf Coast Bank has the knowledge and products to serve you best. Gulf Coast Bank is known throughout Acadiana for our continued generous support.
Abbeville Building & Loan is a mutual state-chartered savings bank that has been operating in Abbeville, Louisiana since 1890. Our bank prides itself in providing excellent customer service. Our main emphasis is the origination and servicing of owner-occupied residential loans. We also have a full range of savings accounts
CANNONDALE FINANCIAL LLC has been in business since 1997. We are licensed in New York and Connecticut. We offer mortgage for Residential, Commercial, FHA, VA, USDA, HELOC, Reverse Mortgage and Construction financing There are many factors in looking for the right home loan including your needs, finances and history
101 Merritt 7 Corporate Park, Suite 300, Norwalk, CA, 06851
Founded in 2009, South End Capital is a nationwide, non-conforming lender and intermediary. We offer mortgages secured by commercial and investment residential real estate, as well as collateralized and uncollateralized business loans. Our technology-enabled platform delivers a streamlined loan process, and we are committed to providing excellent s
A local, community bank is important to the area. All financial decisions are made by people who live and work in the community, understanding its needs. Originally located in the northern portion of the bowling alley building, the bank grew and a narrow addition was added to the north connecting it to the former Iverson garage building.
Equitable Bank was established in 1882 shortly after the community of Grand Island was incorporated. It was organized by a small group of pioneers and was called, at that time, Grand Island Building & Loan Association. For nearly 140 years Equitable Bank has served the community of Grand Island & the surrounding area providing financial services.
Savings Bank of Danbury is a full-service Connecticut community bank rooted in history and positioned for the future.
Founded in 1849 under the same name, we have grown and adapted to serve our customers while building a reputation for financial stability, personal service and modern convenience.
USB is a mutual financial services organization committed to building lasting relationships that exceed the expectations of our customers & the communities we serve. We build lasting relationships that enrich the lives of our customers and communities. We are committed to professionalism, & our integrity & ethical standards will not be compromised.
At Global Mortgage Lending, LLC, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
