USDA and FHA Pro and Con in Hutchinson, McLeod County, MN

In 2025, the USDA loan limit in Hutchinson, located in McLeod, MN, is $336,500. Conversely, the FHA loan limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to compare today's best USDA and FHA rates, evaluating the income, credit, reserves, and documentation needed for qualifying. Our advanced mortgage calculator provides a side-by-side comparison of USDA, FHA, Conforming, and VA loans, helping you to determine which program suits your financial situation best in .

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Loan Limits and Down Payment Requirements for 2025 in Hutchinson, County of McLeod, 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 Hutchinson, MN

The objective of Lendersa® is to efficiently secure the best possible USDA or FHA loan for you, without hassle. Choose from one of three starting points that connect you with matching lenders and USDA loan programs.

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Understanding USDA Loans in MN

A USDA home loan, also called a USDA rural development loan or mortgage, is supported by the Department of Agriculture. These loans are exclusive to rural neighborhoods. Unlike FHA loans, which require a minimum of 3.5% down, USDA loans require no down payment, offering a substantial advantage to eligible buyers.

Enter your location to find out if it qualifies for USDA rural housing loan?



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