USDA and FHA Pro and Con in Vincennes, Knox County, IN

In 2025, the USDA loan limit for Vincennes in Knox, IN, is $336,500, whereas for an FHA single-family home, the limit is $472,030.

Utilize the Lendersa® USDA loan calculator to evaluate the prime USDA versus FHA rates today. This tool will assist in determining the income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator showcases USDA, FHA, Conforming, and VA loans side-by-side, aiding you in selecting the optimal program for your financial needs in .

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2025 Loan Limits and Downpayment Requirements in Vincennes, Knox, 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 Vincennes, IN

The goal of Lendersa® is to facilitate access to the finest USDA or FHA loan in a swift, hassle-free manner. Choose one of three starting strategies to connect with matching lenders and USDA programs.

Lendersa USDA loan request and matching results

Defining USDA Loans in IN

A USDA home loan is guaranteed by the U.S. Department of Agriculture, often referred to as a USDA rural development loan or mortgage. This option is available exclusively in rural areas. Unlike FHA loans that require a 3.5% minimum down payment, USDA loans demand no down payment.

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



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