USDA and FHA Pro and Con in Rockville, Parke County, IN
For 2026, the USDA loan limit in Rockville, situated in Parke, IN, is $336,500. In contrast, the FHA loan limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to evaluate today’s best rates for USDA versus FHA loans. Discover the income, credit, reserves, and necessary documents required to qualify. With our enhanced mortgage calculator, compare USDA, FHA, Conforming, and VA loans side by side to determine which option in is most suitable for your financial situation.
2026 Loan Limits and Downpayment Requirements in Rockville, Parke, IN
Loan Type
Loan Limit
Minimum Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Rockville, IN
The goal of Lendersa® is to provide you with the best USDA or FHA loan efficiently, without hassle. Choose from one of three starting points that connect you with lenders offering USDA loan programs.
A USDA home loan, insured by the U.S. Department of Agriculture and also known as a USDA rural development loan, is accessible only in rural areas. Unlike FHA loans requiring a minimum of 3.5% down payment, USDA loans require no down payment at all.
Riddell National Bank has a rich heritage in Clay County, Indiana, having received its original charter in 1885 under the name of "Zeller and Riddell Bank." A National Charter was granted in March of 1900 and the name of the Bank was changed to The Riddell National Bank. And, since that time.
For over 100 years Hoosier Heartland State Bank has been committed to the communities we serve. We are dedicated to our Mission, Vision and Values and we conduct business in accordance with these standards 100% of the time. It is the Mission of Hoosier Heartland State Bank to be an industry leader in redefining what it means to be a Community Bank.
CentreBank, previously known as The Veedersburg State Bank, was founded in 1917. Upon opening, the Bank only consisted of one branch located in Veedersburg, Indiana; it remained the only bank in Veedersburg for over 80 years. In 1982 CentreBank expanded with a drive up location in Sterling, followed with a location in Covington in 1990.
Terre Haute Savings Bank operates as a full-service bank. The bank offers saving accounts, loans, mortgage, and wealth management facilities. Terre Haute Savings Bank serves customers in the State of Indiana. Count on The Hometown Savings Bank to provide practical, expert advice to help you navigate the complex and often emotional decisions.
Vigo County Federal Credit Union will serve the membership by providing cost effective services that meet members’ on-going needs and objectives and function as their primary financial institution. Vigo County Federal Credit Union is a member owned and operated financial institution with no outside investors.
ISU Credit Union, a not-for-profit financial institution owned and operated by its members, in no way resembles the modest means with which it first began. Chartered in 1960, ISU Credit Union was organized by a small group of faculty at Indiana State University who were familiar with the benefits of a credit union.
First National Bank is a community bank committed to serving you better. As one of the oldest and most stable banks in the Indianapolis area, First National Bank has been a staple of the community for more than 100 years. As a full-service financial institution, we serve both individuals and small businesses alike, with a full range of banking
