USDA Vs. FHA Pro and Con comparison in Annandale, Wright County, MN
In 2026, the USDA loan limit for Annandale, within the county of Wright, MN, is $358,800. In contrast, the FHA limit for a single-family home stands at $515,200.
Use the Lendersa® USDA loan calculator to compare the current best rates for USDA versus FHA loans, and determine the income, credit, reserves, and documents needed to qualify. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, assisting you in selecting the best program for your financial situation in .
2026 Loan Limits and Down Payment Requirements in Annandale, Wright, MN
Loan Type
Loan Limit
Down Payment
USDA
$358,800
0%
FHA
$515,200
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Annandale, MN
The goal of Lendersa® is to quickly secure the best possible USDA or FHA loans without hassle. Choose from one of three pathways, which connect you to matching lenders and USDA loan programs tailored to your requirements.
A USDA home loan, secured by the Department of Agriculture, also referred to as a USDA rural development loan or USDA mortgage, is exclusively available in rural areas. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans require no down payment, making them accessible for eligible buyers.
The First National Bank of Cokato (formerly known as Citizens State Bank) opened for business November 2, 1916 with total assets of $970.62. In 1920 a new bank site was purchased and the bank moved into its new quarters in July, 1923. First National Bank has enjoyed the privilege.
At Midwest Mortgage Consultants, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
United Family Mortgage has been in business for more than 20 years and we strive to offer our local Elk River family and friends the best mortgage services available, in addition to our extended family and friends in the Otsego, Ramsey, Zimmerman and Big Lake, MN areas. If you are in the area
4140 Thielman Lane, Suite 105, Saint Cloud, MN, 56301
Lends in Minnesota
Stearns Financial Services Inc. (SFSI) is a well-capitalized, $2.3 billion independent financial holding company based in St. Cloud, MN. Founded in 1912, the bank was acquired by Norm Skalicky in 1964. His daughter Kelly Skalicky became president in 2018, and later was named president and CEO.
1532 West St. Germain Street, Saint Cloud, MN, 56301
Lends in Minnesota
Great River Federal Credit Union is dedicated to serving all members in a confidential and professional manner. We are in business to provide you with convenient and efficient financial services. Our mission is "Building lifelong relationships by providing valuable financial services that our members recommend, benefits the community.
Since 1939, Liberty has been providing quality financial services to Central Minnesota residents. As St. Cloud’s only remaining original bank with continuous family-ownership, we recognize our unique obligation to provide quality service on a first name basis. Our focus is providing retail banking services to individual customers.
606 25th Ave South, Suite 101, Saint Cloud, MN, 56301
Lends in Minnesota
"St. Cloud Mortgage, Inc. can give you an affordable mortgage with outstanding customer service during the entire process.
Same-Day Pre-Approvals Refinance Options Credit Assistance Mortgage Brokerage Variety of Home Loan Programs. With all of our home loan programs at St. Cloud Mortgage, Inc."
Granite City Mortgage has been in Business since April of 1996 serving the local Saint Cloud area and surrounding communities. Granite City Mortgage of St. Cloud offers a variety of mortgage programs, including:* Conventional loans* Government loans* No up-front fees* Zero down programs* Refinancing* Home equity loans* Debt consolidation.
We’re proud to be an independently owned community bank and of the vital role we have in the area we serve. From our owners to tellers, we all live, work, and invest in the local homes and businesses in these same communities. At Sherburne State Bank we pride ourselves on being well-rounded bankers who understand sales, underwriting.
