USDA Vs. FHA your options comparison in West-Lafayette, Tippecanoe County, IN
In 2026, the USDA loan limit in West-Lafayette, within Tippecanoe County, IN, stands at $285,000. Meanwhile, the FHA limit for a single-family home is $356,362.
Utilize the Lendersa® USDA loan calculator to compare today's optimal USDA versus FHA rates, determining the income, credit rating, reserves, and documents needed to qualify. Our advanced mortgage calculator lets you view USDA, FHA, Conforming, and VA options side by side, assisting you in deciding which program in is best suited to your financial needs.
2026 Loan Limits and Downpayment Requirements in West-Lafayette, Tippecanoe, IN
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in West-Lafayette, IN
The goal of Lendersa® is to swiftly secure the best USDA or FHA loan without hassle. You can choose one of three starting options to connect with lenders and explore USDA loan programs in detail.
A USDA home loan, backed by the U.S. Department of Agriculture, often referred to as a USDA rural development loan or mortgage, is available exclusively in rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, USDA mortgages require no down payment whatsoever.
1725 Veterans Memorial Pkwy S, Lafayette, IN, 47909
Lends in Indiana
Purdue University Employees Credit Union was founded in 1969 by a group of university employees. Put simply, they wanted a place where they, their families and fellow employees could save and borrow money safely, confidentially, & at a fair rate of interest. Through its 10 full-service branches, three satellite branches & digital banking services.
Bank of Wolcott has been proudly serving local communities with the knowledge, experience, and financial resources to assist our customers in meeting their financial goals and objectives. Today, just as when we opened our doors in 1944, Bank of Wolcott is an independently owned community bank making decisions.
Fowler State Bank opened its doors for business December 14, 1931. Total amount deposited that day was $36,487.20. Fowler State Bank's evolution started during a severely depressed economy, with an original staff of ten. The original investors were issued 120 shares and became owners of this institution.
Farmers & Merchants Bank is locally owned and operated, right here in Indiana. That means that loan decisions are made in our local office. That's right - loan decisions are made quickly by us - not a suit in a board room. This means money stays in the community, and you will deal with our friendly staff, not with someone you don't know.
The Farmers Bank is a $775 million asset organization chartered in 1876 with headquarters in Frankfort, IN. The Farmers Bank is locally owned and operated with 10 banking offices located in Central Indiana providing retail, business, investment & trust services, mortgage, and electronic banking services.
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.
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.
Since 1901, Home National Bank has been part of the community. Through the years, we have sought to meet the financial needs of customers. Home National Bank has a total of 175 shareholders and is widely held. The largest shareholder maintains 6% of the shares outstanding. We are truly a community bank with our ownership widely.
