USDA and FHA Pro and Con in Shelbyville, Shelby County, IN

For 2025, the USDA loan limit in Shelbyville, within Shelby county, IN, is $336,500, compared to the FHA limit of $472,030 for a single-family home.

Utilize the Lendersa® USDA loan calculator to compare today's leading USDA vs. FHA rates, identifying the income, credit, reserves, and documentation required to qualify. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA options side by side, aiding your decision for the best financial solution in .

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2025 Loan Limits and Downpayment Requirements in Shelbyville, Shelby, 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 Shelbyville, IN

The objective of Lendersa® is to connect you with the best USDA or FHA loan options swiftly and without hassle. Begin with one of three starting choices that direct you to matching lenders and USDA programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in IN

A USDA home loan, backed by the Department of Agriculture, also referred to as a USDA rural development loan or mortgage, is available exclusively in rural regions. Unlike FHA loans that require a minimum of 3.5% down, USDA loans demand no down payment.

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



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