USDA and FHA Pro and Con in Ham-Lake, Anoka County, MN
In the year 2025, the USDA loan limit in Ham-Lake, located in Anoka, MN, is set at $0. Meanwhile, for a single-family home, the FHA limit is $402,500.
Use the Lendersa® USDA loan calculator to compare today's top USDA versus FHA rates, assessing the income, credit, reserves, and documentation needed to qualify. Our advanced mortgage calculator provides a side-by-side look at USDA, FHA, Conforming, and VA loan options, helping you determine which program suits your unique financial situation best in .
2025 Loan Limits and Down Payment Requirements in Ham-Lake, Anoka County, MN
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$402,500
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Offers in Ham-Lake, MN
Lendersa® is dedicated to helping you obtain the finest USDA or FHA loan quickly and easily. Begin with one of three pathways connecting you with matching lenders and loan programs.
The USDA home loan is supported by the U.S. Department of Agriculture and is often referred to as a USDA rural development loan, or simply USDA mortgage. It is exclusively accessible to those looking to live in rural areas. In contrast to FHA loans, which require a minimum 3.5% down payment, USDA loans demand no down payment whatsoever, offering a significant benefit for eligible applicants.
Established in 1902, Algonquin State Bank is proud of its tradition of service to the Village of Algonquin – a tradition we owe to our dedicated staff and the many loyal customers who have supported us for generations.
With a strong capital position and a dedicated team of community bankers.
Midwest Bank is proud to be a locally-owned, community bank. Our employees understand that the foundation of our business is built on the relationships we have with our customers. We serve the communities with courtesy, professionalism and integrity; our customers are our neighbors, friends and family.
Community National Bank in Monmouth is a Locally Owned Bank providing friendly and personalized service to the people and businesses in Monmouth, Illinois and the surrounding area. In January 1964 the community of Monmouth was shocked to learn that control of the Second National Bank had changed and the bank was being voluntarily liquidated.
FirstBank of Nebraska is a locally owned, independent community bank with branches in Wahoo, Syracuse, Sterling and Burchard. As an FDIC-insured bank, we offer a full range of banking products to satisfy the unique needs of individuals, farmers and businesses of all sizes. Our local staff takes pride in getting to know our customers.
Mission of Putnam County State Bank is to be a growing & profitable locally owned & directed community bank that provides the benefits of a big city financial institution with the personal service of a small town banking partner. It is our goal to provide unparalleled individual, business & agricultural service by having a friendly, well trained.
Barclay Butler Financial Inc we treat each customer as an individual, not a number. We don’t place you into a loan profile formula created by the banking industry. We use “common sense” and will help you obtain the best loan possible. We represent a wide range of investors with quality rates and this company A+ rating with the BBB.
On May 7, 1910, seven men met to approve the Articles of Incorporation of a new bank. “The Peoples State Bank of Munising, ” as it was named, was established for the purpose of a commercial and savings bank. The bank opened for business on Wednesday, June 15, 1910. Over time, five branches were opened: Au Train in 1991,
Waterman Bank, originally founded as “Waterman State Bank” by Humphrey Roberts in 1891, has been a pillar of the local Waterman and surrounding Southern DeKalb County community for over 110 years. Roberts, with the help of his sons, crafted Waterman State Bank’s time-tested foundation.
Farmers Savings Bank was founded in 1908 in Wever, Iowa. Business was conducted in the original building, just west of the railroad tracks, until 1996. In 1969 the building was remodeled and enlarged to include a drive-up facility. The bank moved into its current facility on the east side of Highway 61 in 1996.
