USDA and FHA Pro and Con in Fergus-Falls, Otter Tail County, MN
In 2025, the USDA loan cap for Fergus-Falls in Otter Tail, MN, is $285,000. Meanwhile, the FHA limit for a single-family home is $356,362.
Utilize Lendersa®'s USDA loan calculator to effectively compare today's top USDA versus FHA rates and assess the income, credit, reserves, and documentation necessary for qualification. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, aiding in selecting the best program for your financial situation in .
2025 Loan Limits and Down Payment Requirements in Fergus-Falls, County of Otter Tail, MN
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Fergus-Falls, MN
Lendersa® strives to provide the best USDA or FHA loan easily and without delay. Pick one of three initial steps that link you to matching lenders and USDA loan programs.
The USDA home loan, also known as the USDA rural development loan or mortgage, is guaranteed by the government Department of Agriculture and available solely in rural areas. Unlike FHA loans requiring at least a 3.5% down payment, USDA mortgages require no down payment, presenting a substantial advantage to eligible buyers.
The primary mission of Bruning Bank is to assist clients to Build and Maintain Wealth. Our vision is to help customers Build, Grow, and Thrive by: Building relationships with customers based on integrity and mutual responsibility in order to help them achieve financial success. Contributing to our communities through philanthropy and service.
Iowa State Bank and Trust Company of Fairfield, Iowa
55 South 4th Street, Fairfield, IA, 52556
Iowa State Bank & Trust Company opened its doors for the first time on May 19, 1934, after a merger between Iowa State Savings Bank and the Iowa Loan and Trust Company was agreed to create a strong unified bank during the Great Depression. That same year, the bank was accepted into the Federal Reserve System.
At Libertyville Savings Bank, we live and work in the same community as you. We get to know you and your banking needs so that we can provide the kind of five-star service you deserve. We have 6 offices in southeast Iowa, whether you’re in Fairfield, Libertyville, Eldon, Keosauqua, Keota, Douds or the surrounding area.
509 North Merrill Avenue, Suite A, Glendive, MT, 59330
The Credit Union is a member-owned financial organization providing the most accessible and competitive financial services to meet the needs of our members, while maintaining long-term stability and growth BN Federal Credit Union's charter of membership includes all employees of:
Action For Eastern Montana
Albertson Food and Drug
and more
Our mission is simple to provide the best service and most competitive rates for you the member.Services Provided:
Share Accounts
Share Certificates (CD's)
Vehicle Loans
Recreation Vehicle Loans
Personal Loans
Payroll Deduction for Savings Deposits
Payroll Deduction for Loan Payments
The goal of the Hustisford State Bank has been and continues to be to provide quality personal service to our customers. Hustisford State Bank is committed to remain an independent community bank and will continue to strive to provide quality services to its customers, which are its most valuable asset.
Our Vision is to be a strong, stable, independent community Bank built on the community’s trust since 1896. We will reaffirm that trust daily by delivering financial solutions and striving to remain a dependable partner—consistently delivering exceptional outcomes to everyone, fairly and equitably.
The Bank of Steinauer was established in 1888, but was not expected to transact much business. However, it soon became an essential part of the community, and needed to be properly organized and equipped with experienced help. Because of his advanced age, Joseph put his son, John, in charge of the bank as cashier.
