USDA Loan Vs. FHA loan pro & con Ely, St. Louis County, MN

In 2025, USDA loan limit in Ely, county of St. Louis, MN is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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USDA and FHA loan options in Ely, MN

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

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What is USDA Loan in Minnesota?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

(301) 279-1964 Lender's profile and map Reviews SkyPoint Federal Credit Union 19785 Crystal Rock Drive, Suite 201, Germantown, MD, 20874 SkyPoint Federal Credit Union is one of the premier financial institutions serving Montgomery County, Md.; Frederick County, Md.; Arlington County, Va.; Alexandria and Falls Church, Va.; and the District of Columbia. SkyPoint FCU strives to offer its members a wide array of financial services.
(301) 944-1800 Lender's profile and map Reviews Mid Atlantic Federal Credit Union 12820 Wisteria Dr, Germantown, MD, 20874 Mid-Atlantic Federal Credit Union (MAFCU) is a not-for-profit institution managed for the sole benefit of its members, and offers many financial services at better rates and fees. Profits are returned to MAFCU members in the form of higher savings rates, lower loan rates, and lower fees. Membership is open to anyone who lives, works, worships.
(301) 528-0671 Lender's profile and map Reviews Capital Mortgage MD Inc 13914 Carlson Farm Drive, Germantown, MD, 20874 Our mission is to serve our customers with honesty, integrity and competence to home buyers looking for financing and refinancing options with a fast turn around. We aim to provide home loans to our clients with interest rates and closing costs that are as low as possible. With each client we pledge to help
(410) 552-8142 Lender's profile and map Reviews Choice Home Finance LLC 5560 Compton Lane, Eldersburg, MD, 21784 Choice Home Finance is a licensed mortgage broker committed to responsible lending. We are experts in locating the best mortgage for your individual circumstances. We have extensive experience in most of the products and programs that are available today. We can help you secure a residential mortgage loan,
(410) 935-4326 Lender's profile and map Reviews McCormick Mortgage Services LLC 1932 Liberty Road, Eldersburg, MD, 21784 Through out the years, we have developed relationships with some of the strongest mortgage investors in the country. These relationships allow us to offer a complete range of loan programs and pricing to fit the needs of our customers. These loan programs include conventional, government, & non-conforming with fixed rate & adjustable rate options.
(410) 935-4326 Lender's profile and map Reviews McCormick Mortgage Services 1932 Liberty Road, Eldersburg, MD, 21784 Through out the years, we have developed relationships with some of the strongest mortgage investors in the country. These relationships allow us to offer a complete range of loan programs and pricing to fit the needs of our customers. These loan programs include conventional, government, and non-conforming with fixed rate.
(423) 875-6955 Lender's profile and map Reviews Scenic Community Credit Union 4503 Hixson Pike, Hixson, TN, 37343 We are committed to advancing financial peace of mind within our community by offering products and services our members need, when they need them. We also strive to educate our members and our community as a whole to equip them with the knowledge they need to achieve financial peace of mind.
(540) 359-7100 Lender's profile and map Reviews Oak View National Bank 128 Broadview Ave, Warrenton, VA, 20186 At Oak View National Bank, our commercial lending program is focused on tailoring a loan to your exact need while providing fast, local service. As your local community bank, we make all loan decisions locally and go the extra mile to ensure your commercial loan is right for your needs.
(518) 730-3000 Lender's profile and map Reviews Pioneer Bank 652 Albany Shaker Road, Albany, NY, 12211 Founded for the financial strength of the community, Pioneer has been operating within New York's Greater Capital Region for more than 130 years, providing financial support to help people build a better life. Today, our values remain the same, holding firm to our belief that the customer, our employees, and our community come first.
(405) 247-2471 Lender's profile and map Reviews First State Bank PO Box 827, Anadarko, OK, 73005 First State Bank, Anadarko was established in 1909. The bank has grown every year since that time and continues to grow today. After all those years we are still the only "locally" owned bank in this community. The banking industry has changed a lot over these many years and we have changed to face the electronic age head on,
(405) 247-4522 Lender's profile and map Reviews Cooperative Employees Credit Union 701 NE 7th Street, Anadarko, OK, 73005 Cooperative Employees’ Credit Union (CECU) conducts business for the benefit of its member-owners. CECU provides a full spectrum of quality financial products that create opportunities for its members’ financial growth and stability. The Credit Union will earn and be worthy of our members’ trust by being fair, empathetic