In 2025, the USDA loan limit for Elk-River, situated within Sherburne county, MN, is set at $322,000. Meanwhile, the FHA limit for a single-family home is $402,500.
Utilize the Lendersa® USDA loan calculator to compare the current USDA and FHA rates effectively. Determine the necessary income, credit, reserves, and documentation required for qualification. Utilizing our advanced mortgage calculator, you can review USDA, FHA, Conforming, and VA loans side by side, helping you determine which program in
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| Loan Type | Loan Limit | Down Payment |
| USDA | $322,000 | 0% |
| FHA | $402,500 | 3.5% |
| Conventional Conforming | $548,250 | 3% |
The mission of Lendersa® is to secure the best USDA or FHA loan quickly and without hassle. Choose from one of three pathways to connect with matching lenders and USDA loan programs.
A USDA home loan, guaranteed by the government via the Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage, and is available in rural neighborhoods only. Unlike FHA loans that require a minimum down payment of 3.5%, USDA mortgages require no down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
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