USDA Loan Vs. FHA loan for Hutchinson, MN [McLeod County ]

In 2026, 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 .

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.

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Hutchinson Lenders
(320) 234-0621 Lender's profile and map Citizens Bank & Trust Co 102 Main St South, Hutchinson, MN, 55350 Lends in Minnesota Citizens Bank and Trust, your hometown bank since 1886. We are proud to provide personal banking, commercial banking, agricultural banking, and mortgage lending to Hutchinson and the surrounding area. As one of the few remaining independent banks, we can provide you with fast and flexible service that is unmatched by others.
(320) 833-5325 Lender's profile and map CenBank 109 West Yellowstone Trail, Buffalo Lake, MN, 55314 Lends in Minnesota CenBank strives on being a community based bank where the customer is not just a number. The staff at CenBank values the time spent with customers to build relationships and work towards their financial success. CenBank offers a variety of deposit and business accounts as well as lending options to fit your financial needs.
(320) 395-2515 Lender's profile and map First Community Bank 201 W Main Street, Silver Lake, MN, 55381 Lends in Minnesota First Community Bank is interested in the financial wellbeing of our valued customers. Listening to your needs is the first step in supporting and guiding your financial success. Our caring and knowledgeable staff are here to listen and recommend quality financial products and services to help you reach your goals.
(320) 693-3255 Lender's profile and map Center National Bank 301 N. Ramsey Ave., Litchfield, MN, 55355 Lends in Minnesota Center Bank is a people-focused community bank with locations in Plymouth, Chaska & Litchfield, Minnesota. What makes Center Bank different: 1- Your money stays local, right here in Minnesota. 2- We make decisions locally after getting to know you - we don't just look at who you are on paper like big banks. 3 - you’re not a customer — you’re family
(320) 864-3107 Lender's profile and map Security Bank & Trust Co. 2202 11th Street East, Glencoe, MN, 55336 Lends in Minnesota Our success is made possible by the quality of our personal and business relationships. The products and services we offer are more effective by the relationships we build. We are committed to supporting the communities we serve and are dedicated to help meet their individual and business needs.
(320) 286-2191 Lender's profile and map The First National Bank of Cokato 365 Broadway Ave S, Cokato, MN, 55321 Lends in Minnesota The First National Bank of Cokato (formerly known as Citizens State Bank) opened for business November 2, 1916 with total assets of $970.62. In 1920 a new bank site was purchased and the bank moved into its new quarters in July, 1923. First National Bank has enjoyed the privilege.
(507) 964-2256 Lender's profile and map Arlington State Bank 230 West Main Street, Arlington, MN, 55307 Lends in Minnesota Arlington State Bank is a branch office of Arlington State Bank. They provide the following services: Full Service Office Location and are located at 230 West Main Street in Arlington Minnesota. Mobile and traditional directions to this location can be found below along with ratings, lobby hours, their phone number, online banking website
(507) 426-7242 Lender's profile and map The First National Bank of Fairfax 16 SE 1st Street, Fairfax, MN, 55332 Lends in Minnesota The First National Bank of Fairfax, Minnesota is a small independent community bank that is locally owned and locally managed with one office. Founded in 1910, it is located in a rural community with a population of about 1, 300 situated at the crossroads of Minnesota State Highways 4 and 19 in Renville County in Southwestern Minnesota.
(763) 972-3385 Lender's profile and map Minnesota Lakes Bank 710 Babcock Blvd. E., Delano, MN, 55328 Lends in Minnesota This bank is dedicated to providing superior customer service. The Minnesota Lakes Bank ownership prides itself on being industry-leading. We embrace new technology and delivery methods, and we are excited to bring our more than 100 years of banking experience to bear in new markets where we have a connection and history.