USDA and FHA Pro and Con in Lake-City, Wabasha County, MN
In 2025, 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.
2025 Loan Limits and Down Payment Requirements in Lake-City, Wabasha, MN
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Lake-City, MN
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.
Our community is important, and we take pride in where we live and work. Countryside Bank employees and families have deep roots in the community, as do many of our loyal customers. As new people discover the advantages of small communities and independent banks, we continue to grow and build new customer relationships.
Independent Farmers Bank is a locally owned Community Bank located in Maysville, Missouri, with branches in King City and Stewartsville, Missouri. We've been serving our surrounding communities since 1894. Our knowledgeable staff is here for you in every season with secure, local service.
Officially known as First State Bank since 1938, our five locations in Buxton, Grand Forks, Mayville, Portland and Thompson are centrally located in the heart of North Dakota’s legendary Red River Valley. Known for our commitment to the communities we serve, our respected business, agricultural and mortgage lenders
Columbus Bank and Trust Company is a locally owned, home town bank that originally opened its doors on February 2, 1935 and has remained in local ownership for over 80 years. The original owners were R.V. Prokop, J.H. Moeller, and W.E. Barkley. The Bradley Family took ownership in 1938 and retained ownership until July of 2013.
Nebraska Energy Federal Credit Union serves employees and their families of entities engaged in the electrical power generation, transmission, and distribution industry in Nebraska, South Dakota, Wyoming and Colorado. Helping our members achieve financial success - that starts with the credit union difference, where you're a member - and an owner.
Columbus United Federal Credit Union is located in Columbus, NE, United States and is part of the Depository Credit Intermediation Industry. Columbus United Federal Credit Union has 19 total employees across all of its locations and generates $2.78 million in sales (USD). We are truly Banking With You as we go on this journey together.
On August 1st, 1870, the private banking firm of Petefish, Skiles & Co. Bank opened its doors for business in Virginia, IL. Samuel H. Petefish, Ignatius Skiles and Jacob Epler, all prominent local businessmen, started the firm with Richard Elliott as cashier. Mr. Epler retired after the first year and George Virgin was admitted to the firm.
Alliance Community Bank is a $325 million financial institution operating four full service bank locations in Menard and Sangamon Counties. Trust services as well as the non-insured ACB Wealth Management division compliment the full array of traditional FDIC insured banking products offered through the bank.
