USDA and FHA Pro and Con in Burnsville, Dakota County, MN
In 2025, the USDA loan limit in Burnsville, located within Dakota, MN, is $358,800. By comparison, the FHA limit for a single-family home is $515,200. These figures are crucial for prospective homeowners assessing potential financing routes.
Utilize the Lendersa® USDA loan calculator to effectively compare the best available USDA versus FHA rates. This tool helps determine the necessary income, creditworthiness, and other critical factors required to qualify for these loans. By using our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side by side, aiding in selecting the best program for your unique financial situation in .
Insight into 2025 Loan Limits and Downpayment Needs in Burnsville, County Dakota, MN
Loan Type
Loan Limit
Down Payment
USDA
$358,800
0%
FHA
$515,200
3.5%
Conventional Conforming
$726,200
3%
Pursuing USDA and FHA Loan Options in Burnsville, MN
Lendersa®'s goal is to secure for you the best possible USDA or FHA loan speedily and without hassle. Choose one of the three pathways to connect with matching lenders and custom USDA loan programs effectively.
A USDA home loan is backed by the Government's Department of Agriculture, also referred to as a USDA rural development loan or USDA mortgage. These are specifically available in rural neighborhoods and contrast with FHA loans, which require a 3.5% down payment. USDA loans do not require a down payment, offering significant advantages to eligible applicants.
Community Bank with locations in Mechanicsville, Mount Vernon & Solon Iowa. Bridge Community Bank is happy to help you with all your banking needs, from deposit accounts, IRA, CDs, business products, commercial & personal loans, mortgage loans, to our BCB Investment Services. Along with banking business,
The Crawford County Trust and Savings Bank began in 1927, and we haven't changed our name since. At Crawford County Trust and Savings Bank you are a face and a name, not a number or a quota. As we work diligently to provide you with personal service, we recognize that our success depends on your success
3839 Merle Hay Road, Suite 274, Des Moines, IA, 50310
Halo Capital specializes in financing for real estate in the Des Moines, IA area. Licensed, bonded, and trained in many facets of real estate lending, the professionals at Halo Capital can help you obtain a mortgage in Iowa. In addition, our firm invests in the local marketplace as well as takes great pride in educating consumers and investors.
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Independent Mortgage is one of Iowa's oldest mortgage banking firms. We have decades of mortgage industry experience that allows us to help you find the loan that is best for your unique situation. Through our main office in Urbandale, Iowa, we can serve the entire State of Iowa.
The credit union was started in 1933 and we’re member-owned not-for-profit financial cooperative which allows us to pass on lower loan rates and higher dividends to our member-owners. You qualify for membership at Midland Credit Union if you live or work in Polk or a contiguous county; Adair, Adams, Audubon, Boone, Cass.
With over 20 years of helping Iowans find home loans with low interest rates under our belts, our role in your home buying experience is much more than simply finding you the right mortgage. We’re here to help you explore your options, understand each thoroughly, and choose the best option for your future.
FHA mortgage loans are an attractive mortgage solution for a purchase or refinance because today's FHA mortgage rates are near historic lows. The guidelines are also flexible allowing more people to qualify. Whether you have had credit issues in the past or are simply looking to limit your down payment to 3.5%,
ONE AMERICAN BANK is an extremely well capitalized financial institution embracing technology with new products and services, as well as online and mobile banking. These technological advancements will enhance and simplify the way you conduct your financial business whether online or in-branch.
