USDA and FHA Pro and Con in Richmond, Wayne County, IN
For 2026, in Richmond, located in the county of Wayne, IN, the USDA loan cap is $336,500, while the FHA cap for a single-family residence stands at $472,030.
Utilize Lendersa®'s USDA loan calculator to contrast today's prime USDA and FHA rates. This will help you gauge the necessary income, credit, reserve amounts, and documentation to qualify. Our sophisticated mortgage calculator offers a side-by-side comparison of USDA, FHA, Conforming, and VA loans, assisting you in selecting the most suitable program for your unique financial circumstances in .
2026 loan caps and down payment criteria in Richmond, county of Wayne, IN
Loan Category
Max Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Available USDA and FHA loan options in Richmond, IN
Lendersa® aims to quickly connect you with the best USDA or FHA loan, minimizing hassle. Begin with one of our three initial options, leading to matched lenders and USDA loan programs.
A USDA home loan, backed by the Department of Agriculture, also known as a USDA rural development loan or mortgage, is accessible exclusively in rural areas. Unlike FHA loans requiring a 3.5% down payment minimum, a USDA mortgage does not mandate any down payment.
Sun Federal is a full-service financial cooperative, established in 1950. As an employee, retiree, member or student of one of our sponsor groups, or if you live, work, worship, attend school or regularly conduct business in a designated development area, you and members of your immediate family or household are eligible to join Sun Federal
Glass City Federal Credit Union has been proudly serving the Northwest Ohio community since 1947.Currently, Glass City provides optimum financial services to over 26, 000 members, and more than 200 businesses, organizations, and associations in the region. With five full-service branch locations in Maumee, Toledo, and Bowling Green,
1715 Indian Wood Circle, Suite 200, Maumee, OH, 43537
YMG is a boutique brokerage that understands the mortgage experience is not one size fits all…it’s your size fits you.That’s why our first priority is to keep you in mind as we navigate your experience.We have closed BILLIONS in loans for thousands of clients.Whether you’re a first time home buyer or a seasoned investor, we have the experience.
Capital we are dedicated to serving the community by providing competitive mortgage options. Buying a home is a great step towards financial success and our team is here to make that process as smooth as possible. Reach out to us today to find out how Capital can help you and Ready To Help You Through The Mortgage Process
Savage Mortgage Services, Ltd. began in May 2002 as a joint venture between Billy Horn and Savage & Associates in order to offer residential mortgage services to Savage clients. We offer various loan programs, including fixed-rate loans with 10-30 year terms, adjustable rate mortgages, conventional and jumbo loans.
At Vinton County National Bank we are proud of our long history and excited about our promising future. Founded in McArthur, Ohio in 1867, we are a Bauer Financial 5-Star Rated Financial Institution. Since our founding in a small town storefront 153 years ago, we have shown tremendous growth and prosperity.
Peoples Exchange Bank is proud to be your community bank. We strive to be first in what matters to our customers. Helping you pay less, earn more, protect smarter and borrow wisely. Since 1912, we've built a trusted name by helping our customers, our employees and our communities.
Harvest Federal Credit Union was established in 1970. Our roots are in serving the workers of Licking County. We were founded by local employees of Rockwell International (now known as Arvin-Meritor). Our first office was in the United Auto Workers union hall in an area not more than 5 by 8 square feet (pictured below).
