USDA Vs. FHA Pro and Con comparison in Grand-Rapids, Itasca County, MN
In the year 2025, the USDA loan limit for a single-family home in Grand-Rapids, within the county of Itasca, MN, is set at $285,000, while the FHA loan limit is $356,362.
To assess today's prime USDA versus FHA rates, use the Lendersa® USDA loan calculator. Determine necessary income, credit rating, reserves, and documentation needed for qualification. Our comprehensive mortgage calculator ensures a side-by-side comparison of USDA, FHA, Conforming, and VA loans, guiding you to the best choice for your financial circumstances in .
2025 Loan Limits and Down Payment Requirements in Grand-Rapids, Itasca, MN
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Programs in Grand-Rapids, MN
The mission of Lendersa® is to promptly secure the most beneficial USDA or FHA loan for you, without hassle. Initiate this process by choosing one of three pathways that lead to compatible lenders and USDA loan programs.
A USDA home loan, often called a USDA rural development loan, is guaranteed by the government via the Department of Agriculture and is only available in rural areas. In contrast to FHA loans which require a minimum of 3.5% down payment, USDA loans necessitate no down payment, offering a distinct advantage.
We are a purpose-driven organization that empowers people to discover financial freedom. We owe our success to our BCU community, fostering an environment that supports professional and personal growth – which in turn empowers us to best serve our members With over $5 Billion in assets, we are also one of the fastest growing credit unions in the la
5 Star Community Credit Union is committed to serving our members and our community! When you walk in our door, we like to know your name. We offer competitive loan rates all the way from recreational loans to auto and even home. We serve almost 5,000 members and have 2 locations for your convenience, Mt. Pleasant and West Burlington, IA.
Pitch Edison provides personal mortgages to individuals in Nebraska looking to begin the next chapter in their life. As a local company, we are well versed in all types of loans including, conventional, FHA, USDA, and refinances. Our model allows us to create a custom experience in order to tailor a loan that's right for you!
Cobalt Credit Union is locally owned by its members and recognized for its community involvement. Motivated by member service rather than profit, the credit union’s focus is on providing safety, soundness and convenience to its membership. Cobalt Credit Union is a financial partner for life, helping members with banking, financial planning.
Chartered in 1937, KCT Credit Union was formed through the tireless efforts of Miss Martha Black, a teacher in the then Elgin Public Schools District, and Mr. E. Earl McCoy, then Kane County Superintendent of Schools. Since that day we have been dedicated to living the credit union philosophy of people helping people.
Glenwood State Bank is a family owned bank that has been proudly serving Southwest Iowa since 1899. Our guiding principle is to develop strong relationships with our customers that last for generations while being an integral piece of our communities to help them prosper and grow.
Columbus Bank and Trust Company is a locally owned, home town bank that originally opened its doors on February 2, 1935 and has remained in local ownership for over 80 years. The original owners were R.V. Prokop, J.H. Moeller, and W.E. Barkley. The Bradley Family took ownership in 1938 and retained ownership until July of 2013.
Nebraska Energy Federal Credit Union serves employees and their families of entities engaged in the electrical power generation, transmission, and distribution industry in Nebraska, South Dakota, Wyoming and Colorado. Helping our members achieve financial success - that starts with the credit union difference, where you're a member - and an owner.
