USDA Vs. FHA Pro and Con comparison in Peru, Miami County, IN
In the year 2025, the USDA loan limit for Peru, within the county of Miami, IN, is set at $336,500. Conversely, for a single-family home, the FHA limit is $472,030.
The Lendersa® USDA loan calculator is a valuable tool for comparing today's best rates between USDA and FHA loans. It facilitates the evaluation of eligibility criteria such as income, credit score, financial reserves, and necessary documents. Utilizing our state-of-the-art mortgage calculator, you can conveniently compare USDA, FHA, Conforming, and VA loans in a side-by-side format, allowing you to select the most ideal program for your unique financial circumstances in Alabama.
Exploring loan limits and down payment requirements in Peru, IN, and Miami during 2025
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA loan selections in Peru, IN
The mission of Lendersa® is to swiftly and effortlessly secure the best USDA or FHA loan for you. Start by picking one of the three available paths to connect with lenders that match your USDA loan preferences.
A USDA home loan is one that is backed by the U.S. Department of Agriculture, often known as a USDA rural development plan or mortgage, available specifically for rural areas. Opposed to FHA loans which require a minimum of 3.5% as a down payment, USDA loans demand no upfront payment.
Community Credit Union has been serving our members & the community since 1945 and hopes you will give us the opportunity to serve you. We also believe strongly in giving back to our community. After all, Community is our name. Board Members, Management and employees of Community Credit Union are personally involved by serving on community boards.
Milestones Federal Credit Union (formerly known as Lewiston Municipal Federal Credit Union) has been open since 1944. We have amazing low rates, and higher rates for certificates. The credit union has assets totaling $30.13 Million and provides banking services to more than 2, 000 members.
Maine Family Federal Credit Union offers home loans, car loans, VISA Cards, free checking, online banking and much more! Whatever you need check with Maine Family Federal Credit Union offers home loans, car loans, VISA Cards, free checking, online banking and much more! Whatever you need check with us first. Experience the Feeling of Family.
Starion Bank is a $1.6 billion family-owned Bank providing Banking, mortgage, insurance and investment services for individuals, families and businesses across the Midwest. As an independent supercommunity Bank, we have the same services and technology as larger Banks, yet we offer personal service, make decisions locally.
Lewiston Municipal Federal Credit Union Not-for-profit, member owned cooperative providing financial services to the employees and their family members of the Cities of Lewiston and Auburn Maine, including City Hall, Public Works, Schools, Housing Authority, Fire Department, Police Department, Library, etc.
The Jacksboro National Bank was chartered on June 30, 1905 and opened for business July 24, 1905 with initial deposits of $9, 761. We have maintained the philosophy of local independent ownership along with personal dedicated customer service throughout our 100+ years of existence.
Midcoast Federal Credit Union is a not-for-profit financial cooperative, owned by our Members who are residents, relatives, or people employed by numerous businesses throughout the Midcoast Region of Maine. Midcoast Federal Credit Union serves the communities of Sagadahoc, Lincoln and Knox counties along with residents and businesses.
Texas Exchange Bank first opened for business in 1970 and its current location in Crowley, Texas, was opened in 1974. Our second location opened in Fort Worth in November 2010. The Bank is proud of its heritage and that it is the only Crowley-based bank that has stayed committed to the community.
The LISBON COMMUNITY FEDERAL CREDIT UNION is a not for profit, full service financial institution owned by and operated for our Members. The LCFCU was founded in 1959 to serve those who reside or work in the Lisbon, Lisbon Falls and Durham areas. Since that time, this federally chartered, federally insured Credit Union has grown steadily.
The Grant County State Bank was chartered in 1907. It endured the Great Depression of the 1930s and remained a bulwark through the 1980s, when U.S. banks were failing at record rates. Our capital strength and our community's support have allowed our Bank to emerge as a leader in financial products and services.
