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.
2509 Wilma Rudolph, Suite E, Clarksville, TN, 37404
1st United Mortgage is dedicated to serving veterans and military families. As VA Loan specialists, our experts are trained specifically on VA eligibility requirements and will walk you through every step of the loan process. Our mission is to make the mortgage process and simple and stress-free as possible for you.
TES Regional Healthcare Federal Credit Union, owned by the membership, is committed to the healthcare field in eight parishes of Louisiana. Our mission as stewards of the credit union include providing the best possible service and developing products that meet the needs of the membership.
Home Mortgage Solutions LLC offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide: Residential investment property FHA loans on double-wide Manufactured Homes with land on a permanent foundation built after 1976. Conventional loans with min. 5% down on double-wide Manufactured.
USA Mortgage is passionate about the mortgage lending process. We desire to exceed the expectations of our customers by holding their hand through the lending process and earning a lifetime friendship, not just a business relationship. The most valuable item to USA Mortgage is a return customer
At Maryville Municipal Credit Union. We are a State Chartered, Federally Insured Credit Union serving the Employees of the City of Maryville and their families, as well as the Employees of Atmos Energy Company and their families. Open since 1972, those Employees and Families have grown to 1500 Members strong.
Volunteer Home Mortgage Inc. is a dream come true for me. We are one of the hand full of mortgage broker companies that is here to give our customers a variety of mortgage options and choices. We are a locally owned and operated mortgage company. Why call a BIG name bank or lender
CBBC Bank is to make our LOCAL community a better place to live and work. This is accomplished by employing highly skilled and motivated team members with personal integrity and strong core values. Our commitment is to anticipate and exceed expectations in providing the best possible banking solutions.
Vanderbilt Mortgage and Finance, Inc., a national housing lender, specializes in the financing of new modular and manufactured homes. VMF was established in 1974 and currently services over 200,000 loans. Our strength as an organization is rooted in the quality of our people and products.
