In 2026, the USDA loan cap in Lake-City, located in the county of Wabasha, MN, is $285,000. Meanwhile, the FHA limit for a single-family home amounts to $356,362.
Use the Lendersa® USDA loan calculator to compare the top USDA and FHA rates available today. Assess the income, credit, reserves, and documents required to qualify. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, helping you choose the best program in Alabama for your financial needs.
Browse loan offers from 100 lenders
| Loan Type | Loan Limit | Down Payment |
| USDA | $285,000 | 0% |
| FHA | $356,362 | 3.5% |
| Conventional Conforming | $548,250 | 3% |
Lendersa® aims to help you quickly obtain the best USDA or FHA loan without complications. Start with one of three options that connect you with suitable lenders and USDA programs.
The USDA home loan is a government-guaranteed mortgage through the Department of Agriculture, also known as the USDA rural development loan. Available only in rural neighborhoods, it requires no down payment, unlike FHA loans which mandate a minimum of 3.5% down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
|
|
|
|
|
|
|
|
Bridge Loan Guides
