Explore the differences! FHA VS Conventional loan programs in Mitchell, Davison County, South Dakota

In 2025, the Conventional loan limit within Mitchell, located in Davison county, SD, is $726,200. Meanwhile, for a single-family home, the FHA limit is $472,030. Knowing these limits can help in planning your real estate purchase effectively.

Utilize the Lendersa® Conventional loan calculator to evaluate today's top rates for Conventional, FHA, and USDA loans. This tool enables you to determine the required income, credit, reserves, and documentation necessary to qualify. With our advanced mortgage calculator, compare side by side the Conforming Conventional, USDA, FHA, and VA loans to find the program that best suits your financial needs in SD.

Explore loan offers from 100 different lenders

2025 Loan Limits and Down Payment Requirements in Mitchell, County of Davison, SD

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

This comparison table applies to the zip codes: 57301

Discover Conventional and FHA Loan Options in Mitchell, SD

Lendersa® aims to secure the best possible Conventional, USDA, or FHA loan quickly and smoothly. Choose one of three pathways to get matched with lenders and loan programs tailored to your needs.

Lendersa USDA loan request and matching results


  • Nationwide Equities Corporation
  • 1 International Blvd, Suite 1202, Mahwah, NJ, 07495
  • Nationwide Equities is a family-owned, veteran mortgage lender that has been serving communities nationwide for over 20 years. We have established a proven track record as being the best service-oriented direct lender with a full menu of purchase, refinance, and reverse mortgage programs.
  • Longbridge Financial, LLC
  • 1 International Blvd, Suite 900, Mahwah, NJ, 07495
  • Longbridge Financial. LLC helps qualifying homeowners take some of the financial stress out of retirement by gaining immediate access to the home equity they have built up over the years. We do this through a Reverse Mortgage – more accurately now called a Home Equity Conversion Mortgage (HECM).
  • North Jersey Federal Credit Union
  • 711 Union Blvd, Totowa, NJ, 07512
  • In 1936, North Jersey Federal Credit Union was founded. Our vision is to provide service to all members beyond their expectations to create a “Wow Experience” for each of them. We will be convenient, efficient and effective in serving our members throughout the community. Our goal is to enable our members to have financial freedom.
  • North Capital Funding Corporation
  • 535 Union Boulevard, Totowa, NJ, 07512
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • CASCADIA HOME LOANS
  • 51895 SW Old Portland Rd, Suite B, Scappoose, OR, 97056
  • Cascadia Home Loans offers fixed and adjustable-rate mortgages. We also work with FHA, VA, and USDA loan programs. Why wait? You can get started now, save your progress, and come back to finish anytime. If you have questions just give Cascadia a call and we will walk you through the home loan pre-approval process
  • Hudson Valley Credit Union
  • PO Box 1071, Poughkeepsie, NY, 12602
  • Today, Hudson Valley Credit Union is a full service not-for-profit financial cooperative, 300, 000+ members strong. We extend membership to our neighbors who live, work, worship, volunteer or attend school in Albany, Columbia, Dutchess, Greene, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Ulster, or Westchester Counties.
  • Southern Middlesex County Teachers Federal Credit Union
  • 39 Brunswick Woods Drive, East Brunswick, NJ, 08816
  • The Southern Middlesex County Teachers FCU is a nonprofit, cooperative financial institution owned and run by its members. Organized to serve, democratically controlled credit unions provide their members with a safe place to save and borrow at reasonable rates. Members pool their funds to make loans to one-another.
  • NEXPANSE FINANCIAL LLC
  • C2 Brier Hill Court, Suite 201, East Brunswick, NJ, 08816
  • Nexpanse Financial LLC is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward. We educate our clients with the loan process.
  • Vermont Federal Credit Union
  • 84 Pine Street, Burlington, VT, 05402
  • Vermont Federal Credit Union was founded in 1953 as the Burlington Postal Employees Credit Union. Just a short time later, the Credit Union was renamed to the U.S. Government Employees Credit Union of Chittenden County. Our connection to these roots remains strong as many government employees in Vermont are still loyal members.