USDA Vs. FHA your options comparison in Hermantown, St. Louis County, MN
In 2025, the USDA loan limit for a single-family home in Hermantown, county of St. Louis, MN, is $336,500, whereas the FHA cap is $472,030.
Utilize the Lendersa® USDA loan calculator to assess and compare today’s optimal USDA and FHA rates. Determine the necessary income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, guiding you to choose the best program for your financial requirements in .
Loan Limits and Down Payment Requirements for 2025 in Hermantown, St. Louis, MN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Hermantown, MN
Lendersa® aims to swiftly and conveniently secure the best USDA or FHA loan for you. Begin by selecting one of three starting points that connect you with potential lenders and USDA loan programs.
A USDA home loan, guaranteed by the government Department of Agriculture and also known as a USDA rural development loan, is exclusively available in rural neighborhoods. Unlike FHA loans that require at least a 3.5% down payment, USDA mortgage loans require no down payment, providing substantial accessibility advantages.
121 W. Wacker Drive Suite 2206, Chicago, IL, 60601
American Street Capital, LLC (“ASC”) is a national commercial mortgage banking firm with extensive correspondent lending relationships. ASC specializes in securing balance sheet and CMBS loans for multi-family, mixed-use, student housing, mobile home parks, assisted living, hospitality, retail, office, self storage, owner-occupied properties
FNBC Bank & Trust is a community bank with long standing connections to the communities which we serve. With over $500 million in assets, our banking offices provide a full range of personal and commercial deposit, loan, and trust services. FNBC offers a complete array of financial services with solutions for all financial needs in one place.
Countryside Bank is part of Wintrust, a financial holding company based in Rosemont, Illinois, with more than $36 billion in assets. Through our multiple companies and divisions, we provide traditional community banking and commercial banking services, wealth management solutions, commercial and life insurance premium financing, mortgage originatio
The Midwest Coalition of Labor Credit Union (MCLCU) is a member-owned, not for profit financial organization dedicated to providing a full range of financial services.
Our Mission is to ensure the long-term stability, managed growth, and the members' continued trust and loyalty in our credit union.
Lending Leaf Co. is a Mortgage Broker who provides a variety of mortgage products to assist you with finding solutions to all of your mortgage needs. Our company works with Certified Underwriters which allows issuing a decision on your application quickly. We maintain a dedicated professional sales and operations staff.
18 South Michigan Avenue, Suite 1000, Chicago, IL, 60603
Chicago Municipal Employees Credit Union, the oldest active credit union in the State of Illinois, offers our members over 90 years of financial strength. Our roots go back to the early 1920s — a tough time in Chicago to make ends meet, even if you had a good job as a city employee.
The PrivateBank is now CIBC. We’ve changed our name, but we’re still the same team you trust. Ensure you don’t miss company news and career opportunities by connecting with us on our new CIBC US page. A link can be found on our latest post.
CIBC U.S. provides tailored commercial, wealth management, personal
The IRA Club has no financial affiliation with any investment provider. The IRA Club does not perform due diligence on any investment offering. All investment choices are made by the IRA account owner and are the exclusive responsibility of the IRA account owner. All investments have risks.
Meijer Team Members provided the initial capital to establish Meijer Credit Union as a state chartered credit union. Meijer Credit Union initially served Meijer Team Members and their family members in the West Michigan area. Meijer Credit Union’s membership grew to over 14, 000 members located in the communities of which Meijer is apart.
