USDA and FHA Pro and Con in Hugo, Washington County, MN
As of 2025, the USDA loan limit for Hugo, in Washington county, MN, stands at $0. In contrast, the FHA limit for a single-family home is $515,200.
The Lendersa® USDA loan calculator is an excellent tool for comparing today's USDA versus FHA top rates, helping you determine the necessary income, credit, reserves, and documents required for qualification. Our advanced mortgage calculator provides a side-by-side comparison of USDA, FHA, Conforming, and VA loans, aiding in the selection of the most appropriate program for your specific financial needs in .
2025 Loan Limits and Down Payment Requirements in Hugo, County of Washington, MN
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$515,200
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Hugo, MN
Lendersa® is committed to securing the best possible USDA or FHA loan for you quickly and without hassle. Start by selecting one of three pathways to connect with matching lenders and USDA loan programs.
The USDA home loan is a government-backed mortgage supported by the Department of Agriculture, known also as the USDA rural development loan. It's exclusively available for rural areas. Unlike FHA loans requiring a minimum down payment of 3.5%, USDA loans need no down payment, making them especially advantageous for eligible borrowers.
I’m Al Martinez. I’d like to help you qualify for an affordable mortgage to purchase or refinance your home. My career in mortgage lending began in 2002 (I swear, the housing crash is not my fault). Since the sub-prime mortgage meltdown began in 2007, 70% of the people in our industry left the business.
We provide payment technology for over 1, 300 higher education institutions and 11, 500 K-12 schools. We deliver world-class fiber internet, TV, and phone services to residents of Nebraska and Colorado. We help borrowers achieve their educational goals with private student loan and refinance solutions.
Midwest Bank focuses on the financial and civic needs in the markets we serve. The bank's solid capital position provides the financial strength to support larger lending limits, new loan types, and the latest customer conveniences and technological advances. Midwest Bank and its clients to excel in the communities they serve.
Racine Municipal Employees Credit Union was organized in 1953, and chartered by the State of Wisconsin on October 28th that same year. Charter members of our Credit Union included employees from several departments of the City of Racine. They organized the credit union to promote thrift and loan funds to the employees of the City of Racine
Danville State Savings Bank is a community institution with a legacy of strong and steady relationships. We look back at our history to help you move forward. Today’s customer requires access to account information after regular business hours — and from wherever she or he happens to be at the time. Your bank is ready to meet this demand.
State Bank of The Lakes offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts.
The Johnson Financial Group family is proud to offer a comprehensive suite of banking, wealth and insurance services.
Johnson Financial Group provides:
• full line of banking services including wealth, mortgage, leasing, consumer and commercial banking through over 30 locations in Wisconsin and Minnesota.
• management services for individ
Peoples National Bank of Kewanee is a long-standing institution in Central Illinois. Serving Kewanee for over 90 years, Peoples National Bank of Kewanee also serves the communities of Annawan, Bradford, Dwight, Manlius, Reynolds, Seneca
On March 1, 1928, Peoples State Savings Bank opened its doors at the corner of Tremont and Second Streets.
