USDA Vs. FHA Pro and Con comparison in Duluth, St. Louis County, MN
In 2025, 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 2025
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.
2 RIVERS AREA CREDIT UNION is a federally insured state chartered credit union headquartered in KANKAKEE, IL with 1 branch location and about $23.60 million in total assets. Opened 71 years ago in 1951, 2 RIVERS AREA CREDIT UNION has about 3,998 members and employs 6 full and part-time employees offering various banking
The Kankakee Federation of Teachers Credit Union has been offering safe and secure credit union services to our Kankakee teachers and their families for over 60 years!! Credit unions are very special cooperative organizations. Ours was created for teachers by teachers who understand teachers’ unique financial needs.
Peoples Bank was founded as People’s Bank Marycrest with its first location opening in the Marycrest neighborhood on East Court Street in May, 1962. The Bank was founded by Ford auto dealer, real estate developer, and philanthropist Romy Hammes. Romy established the Bank after recognizing a need for greater local decision making.
Circle Federal Credit Union works everyday to make a difference in the lives of our members. With a "Centered Around You" philosophy, we advocate for the financial well-being of our members, enrichment of the communities we service, and to inspire and provide solutions to allow our members to have a smarter, simpler
2803 Boilermaker Court, Suite 1D, Valparaiso, IN, 46383
Hamstra Mortgage Professionals, Inc. is an Indiana licensed mortgage loan broker business. Hamstra Mortgage opened for business in September of 2006. Gene Hamstra is president/owner and has been in the mortgage business since March of 1989. With 28 years of experience, you will not find a more qualified loan originator.
We'll help you plan your finances with confidence.From financial analysis & cash flow assessments to refinances & reverse mortgages,we specialize in helping you manage your finances.There's no better time than now. Take the first step on the road to a more enjoyable and debt-free life
Journey Federal Credit Union was formed as a result of the merger between two local employee credit unions in 1972. Formerly Clinton County Federal Credit Union, we now serve the residents and employees of Clinton, Gratiot & Shiawassee Counties. Relatives of current members (whether related by blood or marriage) may also join Journey Federal Credit
Summit Home Mortgage, LLC provides the promise of longevity and security along with a commitment to service excellence. We are recognized as the industry leader in mortgage partnerships because we are experts in our business and deliver outstanding service to our customers.
We offer hundreds of loan choices to our customers
EST stands for Excellence, Service, and Trust. We provide our clients with first-class mortgage planning, including giving you a total cost analysis, which is not offered by other mortgage brokers, online lenders, or local credit unions. We believe in high-touch and high-tech. We provide an easy online application, mobile-friendly communication.
Sunrise Family Credit Union has grown over the years but our commitment to you has stayed the same. Our goal is to assist all our members to overcome obstacles and realize their financial Dreams.Sunrise Family Credit Union is a not-for-profit financial cooperative, offering the same services as other financial institutions.
FinancialEdge was first known as Bay City Municipal Federal Credit Union & later expanded through mergers & acquisition of new employer groups to become Bay Governmental Credit Union.Our purpose remains dedicated to being an integral part of members' lives & our community with innovative financial services designed to fit today's lifestyles.
