USDA Vs. FHA your options comparison in Duluth, St. Louis County, MN
In 2026, the loan cap for USDA in Duluth, within St. Louis county, MN, is $336,500. Conversely, for an FHA loan on a single-family home, the limit is $472,030.
Try using the Lendersa® USDA loan calculator to juxtapose today's top USDA and FHA rates. Additionally, it can assist you in understanding the income, credit, reserve requirements, and necessary documents for qualification. Our sophisticated mortgage calculator presents USDA, FHA, Conforming, and VA side-by-side, aiding you in selecting the best program for your unique financial needs in .
Loan limits and down payment necessities in Duluth, within St. Louis County, MN, for 2026
Type of Loan
Cap on Loan
Required Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Choices in Duluth, MN
At Lendersa®, our mission is to quickly facilitate the acquisition of the most suitable USDA or FHA loan with minimal fuss. Choose one of three beginning options that find matching lenders and USDA loan offerings for you.
A USDA home loan is backed by the government's Department of Agriculture—known as a USDA rural development loan or USDA mortgage—and is exclusive to rural areas. This differs significantly from FHA loans, which necessitate a minimum 3.5% down payment, as the USDA loan requires none.
In 1943, people in the Hermantown community came together to create a credit union to give themselves & their neighbors a trusted, local financial solution. We proudly served members of the Duluth Homestead Association & patrons of the Hermantown Community Store. We provide financial education and banking solutions to help people understand.
Share Advantage Credit Union serves all your banking and financial needs from a Youth Savings & Checking accounts to Traditional & Roth IRAs. As a bedrock business of the Northland ourselves, we welcome business accounts. We have FREE personal Checking accounts. Youth Savings and FREE 15+ Youth Checking accounts are happily welcome.
Since 1928, Northern Communities Credit Union has been serving our members and our communities in Northern Minnesota. We started out in the “new” Duluth City Hall when it was first built in 1928 and were formerly known as the Duluth City and County Employees Credit Union, to serve employees of the City of Duluth and St. Louis County.
Western Bank has been committed to servicing our customers & the local community for over 100 years. As a hometown bank with local decision-making, we are dedicated to producing & offering to our community a wide range of banking services of exceptional value. Utilizing talented, knowledgeable employees & quality, highly accurate delivery systems.
Park State Bank is a full service financial institution that has been serving the good people of Minnesota since 1916. We have a long history of meeting the financial needs of the Steel Workers of the Morgan Park Steel Plant until its closing in the 1980s. In 1997 we built an office in Lincoln Park neighborhood, where we found an active community.
30 West Superior Street, Suite 126, Duluth, MN, 55802
Lends in Minnesota
Minnesota Power Employees Credit Union (MPECU) is a member-owned, not-for-profit financial cooperative, whose primary mission is serving our member/owners. Minnesota Power Employees Credit Union was founded in 1933. During our first 61 years, we only served the employees and family members of Minnesota Power.
North Shore Bank is a locally-owned and managed, independent, community bank that has been operating in the Duluth area for over 100 years. We proudly offer a full array of traditional personal and business banking products, mortgage services, and a full selection of trust & investment services all handled by our experienced and professional staff.
We look forward to becoming your exclusive full-service financial institution. Harbor Pointe Credit Union was founded in 1933 as Duluth Teachers Credit Union to serve the financial needs of the educational community of Duluth. We have grown to serve over 9000 members in our community with our savings, checking, investment, mortgage.
The Credit Union operated out of one room at 226 3rd St. in Proctor as a State Chartered Credit Union until October 1970 when it became a Federal Chartered Credit Union known as the Proctor Area Federal Credit Union. At that time, this 1, 200 member; $700, 000.00, Credit Union changed from an Employee Credit Union to a Community Credit Union.
