USDA VS FHA 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.

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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.

Lendersa USDA loan request and matching results

Defining a USDA Loan in IN

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.

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



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