USDA Vs. FHA your options comparison in Shorewood-Forest, Porter County, IN

In the year 2025, the USDA loan limit in Shorewood-Forest, located in Porter county, IN, is $303,600. The FHA loan limit for a single-family home is $379,500.

Use Lendersa®'s USDA loan calculator to compare today's top USDA and FHA rates. Determine the necessary income, credit, reserves, and documentation to qualify. Our advanced mortgage calculator shows USDA, FHA, Conforming, and VA options side by side, helping you choose the best program in for your financial needs.

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Loan Limits and Down Payment Requirements for 2025 in Shorewood-Forest, County of Porter, IN

Loan Type Loan Limit Down Payment
USDA $303,600 0%
FHA $379,500 3.5%
Conventional Conforming $548,250 3%

Explore USDA and FHA Loan Choices in Shorewood-Forest, IN

The goal at Lendersa® is to promptly provide you with the most suitable USDA or FHA loan without hassle. Choose from one of three starting points, resulting in matched lenders and USDA loan programs.

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Defining the USDA Loan in IN

A USDA home loan, guaranteed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is available only in rural neighborhoods. Unlike FHA loans that mandate a minimum 3.5% down payment, USDA loans require no down payment.

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



  • Northstar Bank
  • 1820 Lexington Ave N, Saint Paul, MN, 55113
  • North Star Bank is an independent, locally owned bank with a proud tradition of sound management and integrity. Established in 1947, we have been continuously committed to providing quality, customized banking service for personal and commercial financial needs. When you bank with us, your money is reinvested into the community in which you live
  • Progressive Lending Solutions Inc
  • 2277 West Highway 36, Suite 304, Roseville, MN, 55113
  • Progressive Lending Solutions we have access to practically EVERY loan program and underwriting option that is available in the marketplace. We have all of the programs anyone else would have, but also many that traditional banks do not.As a Consultant, in a sense I can do the shopping for you, identifying what the best underwriting.
  • First Equity Mortgage
  • 1935 County Road B2 West, Suite 265, Roseville, MN, 55113
  • First Equity Mortgage, our goal is to find you the best loan with the most competitive rate and terms, so you can move in sooner with less effort. Let us help you navigate the unpredictable housing market, and provide you with the safety, security and peace of mind that comes with closing your loan quickly
  • M&M MORTGAGE, LLC
  • 1700 West Highway 36, Roseville, MN, 55113
  • Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in their area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
  • Progressive Lending Solutions, Inc.
  • 2277 West Highway 36, Suite 304, Roseville, MN, 55113
  • Progressive Lending Solutions, Inc., and their entire support staff offers over 100 years of experience in the mortgage industry. We are committed to providing our clients with continuous feedback and communication, fast approvals and excellent customer satisfaction. Progressive Lending Solutions prides itself on incorporating unparalleled
  • Propel Home Loans LLC
  • 8400 Normandale Lake Blvd, Suite 920, Minneapolis, MN, 55437
  • We don’t just pitch rates. That doesn’t take any skill. Sure, we have some of the best rates available in the market, but that doesn’t mean that a particular lender or interest rate is right for you and your goals. We believe that our professional responsibility is to help you manage your mortgage debt over your lifetime.
  • SharePoint Credit Union
  • 5300 Hyland Greens Drive, Bloomington, MN, 55437
  • SharePoint is committed to serving the financial needs of its members through quality financial products & a strong community presence. SharePoint is leading the way in service & products for our members. We strive to give our members the service they deserve, while enhancing their financial well-being. Our personal service, competitive rates.
  • Cal-Ed FCU
  • 100 Technology Drive, Coal Center, PA, 15423
  • Cal-Ed Federal Credit Union has been open since 1960. The credit union has assets totaling $22.67 Million and provides banking services to more than 5, 000 members. The credit union is a not-for-profit, member-owned financial cooperative providing financial banking services to multiple member groups
  • Commercial Bank
  • 6710 Cumberland Gap Parkway, Harrogate, TN, 37752
  • Commercial Bank is your neighborhood bank; and, we are a leading financial institution with the services, capabilities, and resources of regional and national banks. We understand that every customer has unique opportunities, challenges, and financial concerns. We don't expect you to fit in the same box as the next person or business.
  • Valley 1st Community Federal Credit Union
  • 815 Schoonmaker Avenue, Monessen, PA, 15062
  • Valley 1st Community Federal Credit Union operates through a Board of Directors who are elected by our members and serve as volunteers. The Board consists of officers who set policies, objectives, and standards that guide our staff in achieving a common goal. Our core building blocks of our financial institution rest upon the initiatives we take.
  • Riverland Bank
  • 1621 East Hennepin Ave, Suite 200, Minneapolis, MN, 55414
  • At Riverland, we bring a highly personal touch to banking. As a trusted partner, understanding our client’s business goals inside and out enables us to provide counsel and well-designed solutions for their unique needs. Our committed team of experts is both dedicated and accessible to all of our partners at all times.
  • Union Bank and Trust Company
  • 312 Central Avenue Southeast, Minneapolis, MN, 55414
  • At Union Bank & Trust, we know you want to feel secure and confident in your pursuit of a financial services partner, one that’s committed to providing you with services and solutions that meet and exceed your expectations. We believe you deserve a best-in-class team that is focused squarely on the personal.