USDA Vs. FHA your options comparison in Deephaven, Hennepin County, MN

In 2025, the USDA loan limit for Deephaven, in the county of Hennepin, MN, is $0. In contrast, the FHA limit for a single-family home is $515,200.

With the Lendersa® USDA loan calculator, compare today's prime USDA vs. FHA rates to see what's required in terms of income, credit, reserves, and documents for qualification. The advanced mortgage calculator lets you assess USDA, FHA, Conforming, and VA options side by side, assisting you in selecting the right program for your financial context in .

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Loan Limits and Down Payment Requirements for 2025 in Deephaven, 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 Deephaven, MN

Lendersa® aims to swiftly secure the best USDA or FHA loans for you without the hassle. Choose one of three pathways to connect with compatible lenders and USDA loan programs.

Lendersa USDA loan request and matches

Defining a USDA Loan in MN

A USDA home loan, backed by the Department of Agriculture, is also known as a USDA rural development loan or mortgage. It's available solely in rural areas, requiring no down payment, unlike FHA loans which need at least a 3.5% down payment.

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



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