USDA and FHA Pro and Con in New-Castle, Henry County, IN

As of 2025, the USDA loan limit for New-Castle in Henry, IN, is $285,000, while the FHA cap for a single-family home is $356,362.

Leverage the Lendersa® USDA loan calculator to contrast today's top USDA vs. FHA rates, and determine the necessary income, credit score, reserves, and documentation to qualify. With our sophisticated mortgage calculator, compare USDA, FHA, Conforming, and VA loans side by side to find the best match for your financial needs in .

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2025 Loan Limits and Downpayment Requirements in New-Castle, Henry County, 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 Choices in New-Castle, IN

Lendersa® is dedicated to promptly connecting you with the most suitable USDA or FHA loans. Start with one of three paths that lead to matching lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding the USDA Loan in IN

A USDA home loan, guaranteed by the Department of Agriculture, also referred to as a USDA rural development loan or mortgage, is available only in rural neighborhoods. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans demand no down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



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  • CT Capital, LP
  • 6300 NE 1st Ave, Suite 201, Fort Lauderdale, FL, 33334
  • CT Capital offers hard money bridge loans for non-conforming loans real estate projects and other business asset financing and consulting. CT is located in Fort Lauderdale and serves borrowers directly as well through brokers. We offer many hard money services, others simply cannot provide.
  • PARKLANE EQUITY LLC
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  • Our professional staff has the expertise in the mortgage lending business to help you along the way.Parklane Equity we specialize in Hard Money Loans.We will work to discuss all of your home loan options.Conventional, FHA, VA, Alt A and Investor Rehab Financing Available. Please call Andrew Paleias or Wendy Tyler at 954-568-9045
  • Refresh Funding
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  • giantbank.com we don’t seek customers, we seek relationships. Our mission is to provide a personal banking relationship via the internet that delivers value, convenience, security and service. As a virtual bank we stay in our lane. We aren’t preoccupied with the overhead of infrastructure due to brick and mortar.
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