USDA Vs. FHA Pro and Con comparison in Coldwater, Mercer County, OH
As of 2026, the USDA loan cap in Coldwater, situated in Mercer county, OH, is designated as $336,500, whereas the FHA limit for a single-family property is $472,030.
Leverage the Lendersa® USDA loan calculator to analyze today's leading USDA versus FHA rates and figure out the income, credit score, reserves, and documents needed for qualification. Our enhanced mortgage calculator contrasts USDA, FHA, Conforming, and VA loans side by side, assisting you in selecting the program that suits your specific financial circumstances in .
2026 Loan Limits and Down Payment Requirements: Coldwater, Mercer, OH
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Choices in Coldwater, OH
At Lendersa®, the objective is to help you swiftly secure the most suitable USDA or FHA loan with ease. Opt from one of three initiation points that lead you to relevant lenders and USDA loan programs.
A USDA home loan is a government-backed mortgage provided by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, exclusively available in rural areas. It differs from FHA loans, which require at least a 3.5% down payment, as USDA loans demand no down payment.
Banking had its beginning in Coldwater of 1902. Henry C. Fox, Anthony Rathweg, and H. F. Hoffman started a partnership and opened a bank under the name of The Peoples Bank. It was located at the corner of South First and Main Streets. This partnership was so prosperous that in 1905 they decided to form a corporation.
Dynamic Federal Credit Union (DFCU) was chartered in 1950 as Celina Reynoco Employees Federal Credit Union to serve the employees of Reynolds & Reynolds, Celina, Ohio. The credit union was located within the core group facility. In 1996 the Board of Directors began researching ways to extend the credit union's services to the community.
The St. Henry Bank is a banking company headquartered in St. Henry, Ohio, and has been serving the Mercer County, Ohio, area since its establishment in 1905. The bank provides a variety of banking services, including 24-hour automatic teller machines; Internet banking; personal banking, including checking accounts
First National Bank was chartered in 1934 as a national bank. It currently has offices in New Bremen, Wapakoneta, Sidney, New Knoxville, & Botkins, Ohio. The Bank is engaged in serving the financial needs of individuals, businesses, & organizations. The principal business of the bank is making loans and accepting deposits from the general public.
At Versailles Savings & Loan, customer service is our number one priority. We are able to meet the needs of our customers with our staff’s fast friendly service. Being locally owned and operated, we are able to assist our customers by getting them answers in a timely manner rather than waiting for word from a corporate office
Minster Bank is a locally owned community bank serving Auglaize, Mercer, Miami, Montgomery, & Shelby counties. At Minster Bank we take pride in our progressive & personable approach to providing financial services.Minster Bank has been helping individuals, families & businesses achieve their dreams by offering a variety of Personal, Business.
First Federal Savings and Loan Association of Van Wert
679 Fox Road, Van Wert, OH, 45891
Lends in Ohio
First Federal of Van Wert, OH is a locally owned and operated financial institution. We are a community oriented bank which excels in customer service and building relationships. Our goal is to make every banking experience a great one! First Federal and our employees are heavily involved in our community.
