USDA and FHA Pro and Con in Oconomowoc, Waukesha County, WI

In the year 2025, for properties in Oconomowoc, part of Waukesha county in WI, the USDA loan ceiling is set at $336,500, whereas the FHA loan cap is $472,030 for single-family homes. This distinction is crucial for potential homeowners considering government-backed loans.

Make use of the Lendersa® USDA loan calculator to weigh today's prime USDA against FHA rates. This tool is indispensable for determining necessary qualifications, such as income, credit expectations, reserve levels, and essential documentation for eligibility. Our advanced mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA loans, guiding you to select the best program tailored to your financial requirements in Alabama.

For more options, explore loan offers from a network of 100 lenders.

2025 Loan Limits and Down Payment Requirements in Oconomowoc, Waukesha County, WI

Loan Type Max Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Opportunities in Oconomowoc, WI

Lendersa® is committed to connecting you swiftly with the most advantageous USDA or FHA loans without difficulty. Begin by choosing from one of three pathways to connect with potential lenders or explore suitable USDA loan programs.

Illustration showing Lendersa USDA loan request and matching results

Explanation of USDA Loans in WI

The USDA home loan, supported by the government and managed by the Department of Agriculture, commonly referred to as the USDA rural development loan or USDA mortgage, is specifically available for rural locations. Unlike FHA loans, which necessitate a minimum down payment of 3.5%, USDA loans require no down payment, making them a favorable option for qualifying individuals in rural communities.

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



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