USDA VS FHA in Eveleth, St. Louis County, MN

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

Utilize the Lendersa® USDA loan calculator to evaluate today's leading USDA versus FHA rates, and determine the income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side by side, helping you decide the best program for your financial situation in .

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2025 Loan Limits and Downpayment Requirements in Eveleth, St. Louis, MN

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Options in Eveleth, MN

Lendersa® strives to quickly secure the best USDA or FHA loan for you, hassle-free. Choose from one of three starting methods that match you with lenders and USDA programs.

Lendersa USDA loan requests and matches

Understanding USDA Loans in MN

A USDA home loan is a mortgage guaranteed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, and is exclusively available in rural areas. Unlike FHA loans that ask for a minimum 3.5% down payment, USDA loans require no down payment at all.

Enter your location to find out if it qualifies for USDA rural housing loan?



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  • Ameridream Home Loans in 2016 with one single intention, to help as many people as possible accomplish their goals and reach the American dream of homeownership. We believe that our extensive knowledge of the industry and our transparent & streamline process is the key to our success.
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  • Freedom Bank is an independent, full-service commercial bank that's committed to providing individuals and businesses with ways to achieve their financial goals. From checking and IOLTA accounts to CDs and low-cost loans, we have it all! We are dedicated to high-tech delivery of competitive products,
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  • Classic Mortgage, LLC specializes in all types of mortgage loans including: FHA , VA , New Construction and traditional loans. Established over 16 years ago, Classic Mortgage a New Jersey Mortgage Firm has become one of the fastest growing residential lenders in the northeast.A full service mortgage banker licensed in New Jersey, New York,
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