USDA Vs. FHA Pro and Con comparison in Bemidji, Beltrami County, MN
In 2026, the USDA loan limit in Bemidji, located in Beltrami, MN, is $336,500, and the FHA limit is $472,030 for a single-family home.
Leverage the Lendersa® USDA loan calculator to contrast today's optimal USDA and FHA rates. Evaluate the necessary income, credit score, reserves, and documentation needed to qualify. By using our advanced mortgage calculator, you can compare USDA, FHA, Conforming, and VA options side by side, aiding in choosing the most suitable program for your financial scenario in .
2026 Loan Limits and Down Payment Requirements in Bemidji, County of Beltrami, MN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Bemidji, MN
The aim of Lendersa® is to efficiently provide the most favorable USDA or FHA loan options quickly and without hassle. Choose from three starting points to connect with matching lenders and USDA loan programs.
The USDA home loan, backed by the U.S. Department of Agriculture, also known as a USDA rural development loan, is available only in rural areas. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans require no down payment, offering a significant benefit for qualified borrowers.
First National Bank Bemidji has served Bemidji's businesses and families. We are a community bank – investing in local people and their dreams – and celebrate the successes that enhance our quality of life. We'll always be Bemidji's Bank because we are owned by employees, ensuring that we will be your banking partner for generations.
Security Bank USA is a full-service community bank that measures our success by the success of our customers. Our goal is to make your life easier by providing you with personal and professional financial specialists who understand your needs. Our mission is to make Security Bank USA the preferred banking destination for our customer
The First National Bank North has served local communities since 1902 and now serves several Minnesota Communities. At First National Bank North, we are invested in the growth and success of the Minnesota Communities we serve. As we continue to grow and provide the newest features to our customers, whether that be e-statements, mobile banking.
Clearwater county was in its infancy in 1903 when Albert Kaiser, Sr, an already established businessman and banker, came to Bagley and helped organize First National Bank on Main Street.
On June 2, 1903, with their application for Charter approved, First National Bank opened its doors for business;
The Deer River Coop Credit Union provides many services to its members including share savings accounts, checking accounts, CDs, IRAs, credit and debit cards and a variety of loans. At the Deer River Coop Credit Union you are a person with a face that we recognize, not just an account number.
Northwoods Bank of Minnesota has an interesting history. Chartered over a century ago in the small town of Dorset MN, the bank successfully navigated through the depths of the depression, the expansion years of the 1980’s and 1990’s, a charter re-location and name change, and most recently, the “great recession”.
On January 1, 1933, a group of dedicated community leaders began providing full service banking to the Park Rapids area when the doors were opened at the Citizens National Bank of Park Rapids. One of those involved in that achievement was Harold Bishop of Bishop's Department Store.
All loan decisions are made locally. The bank believes in personal service that starts with friendliness and a sincere desire to be helpful. Although their equipment and services are as advanced as any, the bank extends old-fashioned personal attention to its customers. The bank remains independent and family-owned and continues to grow.
The First State Bank of Bigfork dates back to 1912 when a group of investors consisting of F.P. Sheldon who served as President, S. J. Moran who served as Vice President, A.E. Peterson, Cashier and A. Wedge, Jr. established the business in its original location on the south end of Main Street.
