USDA Vs. FHA your options comparison in Inver-Grove-Heights, Dakota County, MN
During 2026, the USDA loan limit applicable for Inver-Grove-Heights, which is within Dakota county, MN, is set at $322,000. In contrast, the FHA loan limit for a single-family house stands at $402,500.
Leverage the Lendersa® USDA loan calculator to explore and compare the best current rates between USDA and FHA loans, and learn what income, credit score, reserves, and documentation are necessary for qualification. Our advanced mortgage calculator allows a side-by-side view of USDA, FHA, Conforming, and VA loans to help you select the optimal program in tailored to your financial needs.
2026 Loan Limitations and Down Payment Requirements in Inver-Grove-Heights, County of Dakota, MN
Loan Type
Loan Limit
Down Payment
USDA
$322,000
0%
FHA
$402,500
3.5%
Conventional Conforming
$548,250
3%
Options for USDA and FHA Loans in Inver-Grove-Heights, MN
The primary aim of Lendersa® is to provide you with the most suitable USDA or FHA loan quickly and without complications. Begin by choosing one of three initial paths to connect with lenders and USDA loan options.
A USDA home loan, guaranteed by the government through the Department of Agriculture—commonly referred to as a USDA rural development loan or USDA mortgage—is specifically available in rural areas. Unlike FHA loans that require at least a 3.5% down payment, USDA mortgages require no down payment at all.
5500 South Robert Trail, Inver Grove Heights, MN, 55077
Lends in Minnesota
Heartland Credit Union is a not-for-profit financial cooperative focused on helping members achieve their financial dreams. Our members enjoy low loan rates, fewer fees and friendly, personal service. At Heartland we take pride in getting to know our members, their stories and their goals.
5684 Bishop Avenue, Inver Grove Heights, MN, 55076
Lends in Minnesota
Key Community Bank has been serving the Inver Grove Heights & surrounding areas for over 20 years. We are here to help you on your financial journey. Stop in today to see why banking with us is truly exceptional & also Key Community Bank provides personalized banking services to small & medium sized businesses & individuals in our local community.
115 Hardman Avenue South, South Saint Paul, MN, 55075
Lends in Minnesota
Riverview Credit Union is a member owned, non-profit financial institution. Chartered in 1931, Riverview Credit Union was organized to provide financial products and services that are personalized and competitively priced to its' members. Membership in Riverview Credit Union is exclusive to those who qualify.
100 Bridgepoint Dr, Suite 190, South Saint Paul, MN, 55075
Lends in Minnesota
Lend Smart Mortgage has operated as a mid sized, locally owned retail lender since inception in 2006. We have made several acquisitions over the years to continue our planned growth and expand our licensing base. We are direct lenders and seller/servicers with both Fannie Mae and Freddie Mac which means we control the entire mortgage process
1335 Corporate Center Curve, Suite 240, Saint Paul, MN, 55121
Lends in Minnesota
At MLP Home Mortgage 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 "A" rated lenders with first quality rates to private "hardship" lenders.
Mendota Heights-based Gateway Bank was founded in 2004 with a clear vision of what a community bank should be. And we remain committed to conducting every transaction with that vision in mind. We believe that our community is defined by the individuals and businesses within it. We offer competitive personal and business products and services.
1270 Northland Drive, Suite 350, Mendota Heights, MN, 55120
Lends in Minnesota
Expedition Credit Union was established in 1957 to benefit Minnesota Education Association members. Originally named MEA Credit Union, we assisted with the specific financial needs of the education community. Throughout the years — from strikes and natural disasters, to times of prosperity — the credit union was there.
Kvikstad Mortgage Solutions the company in 2004 to provide a better and more personalized option for my clients. As an independent, small business I have very little overhead, so I am able to pass those savings on to my clients. I do not have to charge the same high fees and rates as the banks and other big companies.
1171 Northland Drive, Suite 100, Mendota Heights, MN, 55120
Lends in Minnesota
Gabriel Financial Group is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools
