USDA Vs. FHA your options comparison in Schererville, Lake County, IN
In 2025, USDA loan limit in Schererville, county of Lake, IN is $336,500 while FHA limit is $472,030 for a single-family home.
Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.
2025 loan limits and downpayment requirments in Schererville, county of Lake, IN
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA loan options in Schererville, IN
Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.
USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
American Mortgage Partners, Inc. Our mortgage representatives specialize in providing home loans to borrowers in New Jersey and Pennsylvania. We have decades of experience offering top-notch client service. In addition to conventional and FHA, VA, and USDA loans, we provide solutions beyond traditional banking.
Established in 1980, in Chatham, NJ Mortgage Access Corp. is licensed in over 40 states. As a Licensed Mortgage Banker, Mortgage Access Corp. derives its mortgage products from many sources & investors; unlike banks or savings & loan institutions, which are often limited by the availability of their own deposits & a single lending philosophy.
1355 International Terminal Boulevard, Suite 102, Norfolk, VA, 23505
The Port of Hampton Roads ILA Federal Credit Union is a financial institution owned and controlled by it's members. It continues to exist solely for the financial benefit of it's members through their ability to save money in the form of Share (deposits), purchasing of savings certificates (certificates of deposits) and other savings mechanisms.
Anderson Brothers Bank is a full service community Bank offering a complete range of competitive loan services and deposit products. Founded in 1933, this family-owned Bank blends the elements of traditional personal service, local market awareness, and advanced technology to meet the financial needs of its customers.
25 Lindsley Drive, Suite 209, Morristown, NJ, 07960
Our mortgage representatives specialize in providing home loans to first time home buyers and FHA purchases in Morris County as well the greater New Jersey and New York state area. We deliver an unparalleled level of service and the lowest possible loan rate in the business. Upon this – we have built our reputation, for over a decade
"We are a full service mortgage broker in Morristown, New Jersey with an experienced staff offering expertise in every area of mortgage lending from purchase to refinance to reverse mortgages.
We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan-with the best rates"
Somerset Savings Bank has focused on serving the Central Jersey marketplace for 127 years. We provide customers with a wide array of competitively priced deposit & loan products—all offered with the highly personalized service that has become a hallmark of the Bank. Headquartered in Bound Brook, NJ, we have seven offices throughout Somerset.
Summit Hampton Roads Federal Credit Union has been open since 1970. The credit union has assets totaling $10.32 Million and provides banking services to more than 2, 000 members. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups, but primarily serves health care employees.
Our mission is to provide financial assistance to those who are in need of money as quickly as possible (usually takes 15-20 minutes). In just a short time and you will have the much needed funds. EZ Loan$, Inc. is one of only a few members in Delaware. We treat all our customers with dignity and respect.
