In 2026, the USDA loan limit for Austin, located in Mower county, MN, is $336,500, while the FHA limit for a single-family home is $472,030.
Leverage the Lendersa® USDA loan calculator to compare current USDA and FHA rates, and determine the necessary income, credit, reserves, and documentation needed to qualify. Our advanced mortgage calculator lets you assess USDA, FHA, Conforming, and VA loans side by side, helping you choose the best program in that suits your financial circumstances.
2026 Loan Limits and Down Payment Requirements in Austin, County of Mower, MN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Austin, MN
Lendersa® aims to secure the best possible USDA or FHA loan for you swiftly and without hassle. Choose one of three initial pathways to connect with matched lenders and USDA loan programs.
A USDA home loan is a government-backed mortgage provided by the Department of Agriculture, also called a USDA rural development loan or USDA mortgage. Available exclusively in rural areas, unlike FHA loans that require a minimum down payment of 3.5%, USDA mortgages require no down payment.
Accentra Credit Union, formerly Hormel Employees Credit Union, has been serving our members since 1930. Our commitment today is as firm as it was in 1930 - to provide our member-owners a secure place to save and a trusted place from which to borrow. Since our formation, Accentra Credit Union has grown to almost 15, 000 member.
Austin City Employees Credit Union is a member owned and controlled financial organization dedicated to serve the financial needs of our members by promoting savings and providing low interest loans and other financial services economically feasible and also We offer competitive rates and flexible terms
The Mower County Employees Credit Union was chartered in 1961 to benefit the employees of Mower County. When you become a member, you become an owner! As a cooperative, owned entirely by our members, earnings are returned to you in the form of better rates, fewer fees and exceptional service! We're an exclusive benefit for all Mower County.
We strive to be recognized as the financial institution of choice in all of the communities we serve.We continue to be a premier community bank focusing on agricultural & small business lending. We maintain a strong, positive, team-oriented work environment and are recognized as a great place to work. We strive to exceed our customers’ expectations
United Farmers State Bank was chartered on January 17, 2014 when its parent banks, Farmers State Bank of Adams and Farmers State Bank of Elkton joined forces. The officers are Timothy Schneider, President; Brian Wolff, Vice-President; Curt Sheely, Vice-President, Eric Lee, Vice-President; Mike Smith, Asst Vice-President, and Steve Leif, Asst. Vice-
City & County Employees Federal Credit Union Our Mission is to provide our member/owners with financial solutions and outstanding personal service. By creating opportunities to grow and diversify our services, we will promote the economic strength of our present and future members.
Our mission at Trades & Labor Federal Credit Union is to provide financial products, services, and education enabling members to achieve personal and financial goals to benefit their quality of life and Trades & Labor received its state charter on January 2, 1958 under the name of "Albert Lea-Blue Earth Building
UECU opened its doors for business as the Wilson & Company Albert Lea Employees Credit Union. They recognized the dire need for reasonable, well-priced financial services for a large number of employees and family members.In the early 1980's UECU began to expand the field of membership to include other employee groups
First State Bank Minnesota was established in 1893, with the foresight of 9 men from the area. One of the men, John Frank became the first president of First State Bank Minnesota. The current bank building was built in 1914 by the firm Purcell and Elmslie and is in the National Register of Historic places.
