No money down
For starters, a USDA loan is one of the only loan programs offered to the general public that allows you to finance 100% of your home’s value. That means no down payment of any kind!
Indiana USDA Loans
My state-specific information
Eligibility Requirements – Indiana
Looking for a home in Indiana? A USDA loan may be just the thing for you. For a family of 1-4 in Indiana, the average household income limit for a USDA loan is about $119,850, and can be as high as $169,800 for a family of 5 or more. To learn more about how to get started with your USDA loan, fill out the short form below to get in touch with one of our loans specialists.
The map below shows the areas of Indiana eligible for USDA loans. For more information on qualifying areas and properties, check out the USDA property eligibility screen.
Indiana USDA Income Limits (Moderate Income – Guaranteed Loan)
Most areas of Indiana follow the standard USDA income limit. Select metro areas have higher limits.
| Area | 1–4 Person | 5+ Person |
|---|---|---|
| Standard Indiana Limit (Most Counties & MSAs) | $119,850 | $158,250 |
| Bloomington, IN HUD Metro FMR Area | $124,650 | $164,550 |
| Cincinnati, OH-KY-IN HUD Metro FMR Area | $128,600 | $169,800 |
| Indianapolis-Carmel, IN HUD Metro FMR Area | $127,300 | $168,050 |
USDA income limits in Indiana are based on where the home is located and how many people live in the household. These limits apply to total household income (all adult income earners), not just the borrower’s income. Most Indiana counties use the standard USDA income limit, but a few metro areas have higher limits due to local housing costs. If you’re close to the limit—or want to confirm which category your county falls into—we can help you verify eligibility quickly.
Check Your Indiana USDA Eligibility
USDA loans offer 100% financing (no down payment) for eligible rural and suburban areas. To qualify, you’ll need to meet
income limits, credit and debt-to-income guidelines, and the property must be in a USDA-eligible location.
- Verify your county income limit (1–4 vs. 5+ household members)
- Confirm the home address is in a USDA-eligible area
- Get a fast payment estimate and next steps
Income limits shown are for USDA Guaranteed loans and can change annually. Final eligibility depends on household size, county, and program guidelines.
- NO down payment – Finance 100% of your home
- NO assets needed to qualify
- Flexible credit guidelines
- Competitive, fixed interest rates so payments do not increase
- USDA Loans are for new and existing properties
Start your Indiana USDA home loan now! Just fill out this quick form to get started & a USDA loan specialist will contact you with your options.
What areas are eligible?
USDA Eligibility Map – Indiana
USDA Home Loan Features
Great interest rates
USDA loans are made even more affordable through very competitive fixed interest rates, ensuring your payments will not increase every month.
Need a 620 credit score
USDA Loans .Net requires a middle credit score of at least 620. If you are close, apply and we can help.
Affordable 30 year terms
USDA home loans also offers affordable 30 year terms. If you are a first time home buyer, or not, a USDA loan is the perfect fit.
Roll in your closing costs
A USDA loan allows you to finance in your closing costs up to the appraised value. Making the USDA loan the only mortgage on the market with this ability.
Apply today
Start your USDA Loan now! It only takes 30 seconds to see if you qualify.
New Applicants: For questions about a mortgage application currently in process, please reach out to your Mortgage Loan Officer. If you are not sure who your Mortgage Loan Officer is, please email our Mortgage Help Desk at mortgagehelpdesk@magnoliabank.com. Customer Feedback: For complaints or to provide feedback, please email complaints@magnoliabank.com.
This communication does not constitute a commitment to lend or the guarantee of a special interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval.
