USDA Vs. FHA Pro and Con comparison in Elko-New-Market, Scott County, MN
In the year 2025, the USDA loan threshold for Elko-New-Market, located in the county of Scott, MN, stands at $322,000. In contrast, the FHA loan ceiling for a single-dwelling home is $402,500.
Explore the Lendersa® USDA loan calculator to contrast today’s finest USDA and FHA interest rates. Assess the necessary income, credit score, financial reserves, and required documentation to meet eligibility criteria. Take advantage of our sophisticated mortgage calculator to review USDA, FHA, Conforming, and VA loan options simultaneously, assisting you in selecting the most appropriate plan for your financial needs in .
In 2025, loan limits and downpayment criteria in Elko-New-Market, found in the county of Scott, MN
Loan Type
Loan Ceiling
Minimum Down Payment
USDA
$322,000
0%
FHA
$402,500
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA loan choices in Elko-New-Market, MN
Lendersa® is committed to swiftly securing you either an optimal USDA loan or an FHA mortgage, with minimized complexity. Choose one of three options that align you with compatible lenders and USDA loan offerings.
A USDA home loan, endorsed by the Department of Agriculture, also known as the USDA rural development mortgage or USDA loan, is specifically accessible in rural locales. Unlike FHA loans requiring a 3.5% minimal down payment, USDA loans demand no down payment.
2029 Sidewinder Drive, Suite 200, Park City, UT, 84060
Intermountain Mortgage Company, Inc., our mission is to set a high standard in the mortgage industry. A part of the Park City community since 1992, our experienced staff is committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential lending industry.
RVA Financial was organized on August 23, 1950 as the Richmond, Virginia Municipal Federal Credit Union to provide financial services to employees of the City of Richmond. The National Credit Union Administration approved the charter the following month, and the first membership meeting was held on September 14, 1950.
The Richmond Virginia Fire Police Credit Union, Inc. is sponsored by the City of Richmond, Virginia's Department of Fire and Emergency Services, Police Department and its affiliates. We are a member-owned, not-for-profit financial cooperative. Our mission is to serve the most precious commodity which is our members and their families.
Credit Union of Richmond, Virginia’s longest continuously running credit union. We are a member-owned financial cooperative that is dedicated to building members dreams by offering quality personalized services that go above and beyond to fulfill your financial needs. Every member has different financial needs.
Liberty Mortgage has been serving the Richmond community with mortgage lending options and superior customer service from experienced local experts. Located in the heart of the fan district in the Branch Museum of Architecture, Liberty Mortgage is one of the only remaining independent mortgage brokers in the city.
2200 West Main Street, Suite L100, Durham, NC, 27705
Duke University Federal Credit Union has been serving the Duke community since 1968. A not-for-profit financial cooperative serving employees and students of Duke University and Duke Health. (Duke Alumni and Retirees are also eligible to join.
Duke Credit Union is managed and operated by Duke Employees
Landmark Bank was founded in August, 1897, and capitalized with $15,000 from local investors who recognized the need for the community to have a bank to call its own. The original management team of The Hon. D. W. Pipes (President), E. J. Buck (Vice President) and H. H. Forrestor (Cashier) established our commitment to personal service from the ver
Benchmark is the only Federal Credit Union serving Chester County exclusively! Since 1940, Benchmark Federal Credit Union has provided its members with complete financial services including free checking accounts, vacation and holiday club accounts, loans, certificates of deposit, money market accounts.
Howard Financial has specialized in a wide variety of loan types and financing strategies including Conventional, FHA/VHA, Jumbo loans, Portfolio lending, and Reverse mortgages. We will guide you through the mortgage planning process and find the right fit for your needs.Whether a first-time homebuyer, purchasing an investment property.
