USDA and FHA Pro and Con in Lima, Allen County, OH
For 2026, the USDA loan limit in Lima, county of Allen, OH, is $336,500, while the limit for an FHA loan on a single-family home is $472,030.
Use the Lendersa® USDA loan calculator to compare current USDA versus FHA top rates. Determine necessary qualifications such as income, credit, reserves, and required documents. Our advanced mortgage tool lets you view USDA, FHA, Conforming, and VA options side by side, assisting you in deciding the optimal plan for your financial needs in .
2026 Loan Limits and Downpayment Requirements in Lima, Allen, OH
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 Lima, OH
The aim of Lendersa® is to provide you with the best USDA or FHA loan quickly and without hassle. Explore one of three starting pathways that lead to matching lenders and USDA programs.
A USDA home loan, endorsed by the Department of Agriculture and known as the USDA rural development loan, is designed for rural areas only. Unlike FHA loans, which require at least a 3.5% down payment, USDA mortgages need no down payment.
Filer Credit Union first opened its doors in 1951 in an office at the American Box Board Company (currently PCA). The credit union has long since moved out of the plant, but we will never forget our roots or the men and women who first introduced the credit union movement to our area. Interestingly enough
InFirst Bank has a served the financial needs for local communities as an independent bank for 100 years. We have proudly remained headquartered in downtown Indiana since we opened in 1922. Originally chartered as a mutual institution, InFirst Bank was initially known as Indiana County Building & Loan Association.
OneMain provides personal loans with one on one, local service at branches nationwide. Our personalized loan solutions offer customers a simple and straightforward loan application, fixed rates, fixed payments, clear terms and multiple payment options.
Behind every great company is a great team. What we offer is simple
United Bank Downtown Banking CenterSince 1914, United Bank has been dedicated to building long term relationships with our customers. Our mission is to be the premier community banking institution providing financial services for our market, by surpassing customer's expectations and fulfilling community needs in a manner that enhances value.
Marion Center National Bank opened its doors during the summer of 1905. These one hundred plus years have seen many landmark events. When President Roosevelt ordered all banks to close on March 4, 1933 for the “Bank Holiday, ” MCNB pulled its door blind down half way and continued to operate.
We know why we’re here: to put you first. We do it by building long-term relationships with our customers and our employees. By reaching out to the communities we live and work in. By listening and helping to find the best solutions to get you to your financial goals.
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Old National Bancorp is the largest financial services holding company headquartered in Indiana. With $24.0 billion in assets, we rank among the top 100 banking companies in the United States. Since our founding in Evansville, Ind., in 1834, we have focused on community banking by building long-term highly valued partnerships with our clients.
Our mission is to be of service to others. We are committed to providing superior customer service to those that support our business, to continue to educate ourselves and share our knowledge with others & to build & maintain long lasting relationships.We are 100% owned & licensed to do business in PA and offer: USDA, FHA & conventional loans, VA.
