FHA VS Conventional loan programs in Redwood-Falls, Redwood County, Minnesota

For the year 2025, the ceiling for Conventional loans in Redwood-Falls, within Redwood county, MN, is $647,200, whereas the FHA loan limit is $420,680 for single-family residences.

Take advantage of Lendersa® Conventional loan calculator to effectively contrast today's leading rates for Conventional, FHA, and USDA loans. Determine necessary income, credit score, reserves, and required documents for qualification. Our sophisticated mortgage calculator offers a side-by-side view of Conforming Conventional, USDA, FHA, and VA loans, assisting you in determining which option in MN is most suitable for your financial scenario.

Compare loan options from a variety of 100 lenders

2025 Loan Limits and Down Payment Requirements in Redwood-Falls, Redwood County, MN

Type of Loan Maximum Limit Minimum Down Payment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

Note: This comparison table applies specifically to the following zip codes: 56283

Conventional and FHA Loan Opportunities in Redwood-Falls, MN

The mission of Lendersa® is to offer the fastest path to securing an ideal Conventional, USDA, or FHA loan without any stress. Choose from one of three initial points to effectively connect with lenders and loan programs that suit your needs.

Lendersa USDA loan request and matching results


  • The First National Bank of McConnelsville
  • 86 N. Kennebec Avenue, Mcconnelsville, OH, 43756
  • We want to be your First Choice for savings, checking, home mortgages, internet banking, auto loans, personal loans, educational loans - all your banking needs. We are the bank that has served southeastern Ohio since 1863. Now we're working to be your First Choice, too. Services Savings Checking Loans The First National Bank of McConnelsville was c
  • Consumers National Bank
  • 614 E. Lincoln Way, Minerva, OH, 44657
  • At Consumers National Bank, we're committed to meeting our customers' financial needs through fast, personalized service that helps businesses grow and families prosper. About usOur community-based banking approach sets us apart from larger regional banks because our local presence and expertise enable us to deliver exceptional service.
  • The Andover Bank
  • 19 Public Square, Andover, OH, 44003
  • In 1884, just one year after the founding of Andover, Ohio, a group of individuals organized a private bank under a partnership association. The mission of the bank was to serve the financial needs of the local residents. For one hundred and thirty five years later, the role of the Andover Bank has remained basically unchanged
  • Fannin Bank
  • 230 East 3rd Street, Bonham, TX, 75418
  • Fannin Bank was organized in November 1921 as the Guaranty State Bank in Windom, Texas. By June 1922 the bank had $158,046 in assets. The name was changed to Fannin Bank in 1976, and in 1987 a branch office was opened in the town of Bonham. The Honey Grove branch opened in 2008 with the headquarters moving to Bonham the same year.
  • Monticello Banking Company
  • 50 N Main St, Monticello, KY, 42633
  • When Monticello Banking Company first opened in 1895, we did our bookkeeping by hand. Our transportation to work was on horseback and no one had ever heard of air-conditioning. Today, over 125 years later, Monticello Banking Company has seen a lot of things come and go. We were one of the few banks in Kentucky that survived the great depression.
  • Citizens Bank
  • 1850 Highway 27 South, Somerset, KY, 42501
  • Established in 1904, Citizens Bank grew along with the community that surrounded it. By 1910 the bank had grown in reputation and financial strength, which placed it among the top financial institutions in Southeastern Kentucky. In 1958 Mr. R.C. Anderson was appointed as bank President. Devoted to his work, his people, and his community
  • First & Farmers National Bank
  • 2020 South Highway 27, Somerset, KY, 42501
  • Our story began in February of 2008 with the incorporation of First & Farmers National Bank, but our roots in our four communities are much deeper. Our history can be traced back to Citizens Bank of Albany, located in Clinton County, KY, dating back to 1898; to First National Bank of Columbia, located in Adair County.
  • Citizens National Bank Kentucky
  • 44 Public Square, Somerset, KY, 42501
  • Citizens National Bank is a locally owned bank that has been serving the people of Pulaski County since 1920. We offer a wide range of products to help you achieve your financial goals, along with a high level of customer service and convenient locations. We have seven locations in Pulaski County, as well as one in Wayne County, Russell County.