USDA VS FHA in Corcoran, Hennepin County, MN

In 2025, the USDA loan limit in Corcoran, situated in Hennepin, MN is $0; for a single-family home, the FHA limit is $515,200.

Use the Lendersa® USDA loan calculator to compare the best USDA versus FHA rates today. Determine the necessary income, credit, reserves, and documents for eligibility. Our advanced mortgage calculator showcases USDA, FHA, Conforming, and VA options side by side, facilitating your decision on the best program in Alabama for your specific financial situation.

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2025 Loan Limits and Down Payment Requirements in Corcoran, Hennepin, MN

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $515,200 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Options in Corcoran, MN

The goal of Lendersa® is to swiftly secure the best USDA or FHA loan for you, without any hassle. Choose one of three starting points that lead to matching lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in MN

A USDA home loan is a government-backed mortgage through the Department of Agriculture, also known as the USDA rural development loan. It is exclusively available in rural areas. Unlike FHA loans that require a minimum down payment of 3.5%, the USDA mortgage does not require any down payment at all.

Enter your location to find out if it qualifies for USDA rural housing loan?



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