USDA Vs. FHA your options comparison in Richmond, Wayne County, IN
For 2025, 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 .
2025 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.
Since its inception in 1934 the Vicksburg Railroad Credit Union has been serving its members in & around the Vicksburg, Mississippi area with exceptional financial products. Even with members living in Louisiana, Texas, Alabama & all throughout Mississippi, we have still kept our focus on providing excellent service & responsiveness to each member.
We believe that every customer deserves the best care and service when purchasing or refinancing the home of their dreams. We're here to serve your mortgage needs and have what it takes to make a difference in your next mortgage transaction.We can place all types of mortgages including purchases, refinances, equity takeouts,debt consolidations.
At Thomaston Savings Bank, You Get More Your neighbors and local businesses have relied on Thomaston Savings Bank since 1874. Through eras of tumultuous bank mergers, conversions and takeovers happening all around us, Thomaston has remained — and thrived as — an independent mutual savings bank.
The Bank of Richton closed in 1930 and a new bank was organized that year with E.M. Gavin as President and T.W. Milner as vice president. This was the first organization of the Richton Bank and Trust Company. However in 1932 the Richton Bank and Trust Company was reorganized with B. M. Stevens appointed President, C.S. Bentley as Vice President.
Shea & Sanders Real Estate is a full-service, locally-owned & independently operated, hometown realtor providing the Three Villages and surrounding areas extensive, state-of-the-art real estate marketing services. Shea & Sanders Real Estate guarantees the most competitively priced commission structures and our clients'/customers' satisfaction.
Sioux Valley Community Credit Union has been open since 1952. The credit union has assets totaling $31 Million and provides banking services to more than 3,000 members. Sioux Valley does not support or recommend using Zelle pay or any other cash transfer app to purchase anything.
The Siouxland Economic Development Corporation (SEDC) was incorporated in 1979 by a group of Siouxlanders in an attempt to help stimulate the tri-state region’s economy which was slumping in the face of manufacturing dislocations, particularly the Zenith plant closing in Sioux City.
Security National Bank was chartered in 1884 in Sioux City, Iowa, founded on the time-tested principles of integrity, honor, open-mindedness, efficiency, good humor, respect, duty and human connection These principles served as guideposts that enabled SNB to withstand the economic panic of the late 1800s, the Great Depression.
