USDA and FHA Pro and Con in North-Manchester, Wabash County, IN
In the year 2025, the USDA loan limit for a single-family home in North-Manchester, which lies in the county of Wabash, IN, is set at $285,000. Meanwhile, the FHA loan limit is $356,362.
Use the Lendersa® USDA loan calculator to compare the top USDA and FHA rates today. Our tool allows you to evaluate important factors such as income, credit, reserves, and documents required to qualify. Additionally, with our comprehensive mortgage calculator, you can compare USDA, FHA, Conforming, and VA loans side by side to decide which program in aligns best with your financial needs.
Loan limits and downpayment requirements for 2025 in North-Manchester, county of Wabash, 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 selections in North-Manchester, IN
The mission of Lendersa® is to efficiently secure you the best USDA or FHA loan options without hassle. Begin by choosing one of the three paths that connect you with potential lenders and USDA loan programs.
The USDA home loan is a type of mortgage insured by the U.S. Department of Agriculture and is often known as a USDA rural development loan or USDA mortgage. It is exclusively available in rural areas and, unlike FHA loans that require at least a 3.5% down payment, USDA mortgage loans require zero down payment.
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