USDA Vs. FHA Pro and Con comparison in Luverne, Rock County, MN
In the year 2025, the USDA loan limit within Luverne, located in Rock county, MN, has been set to $336,500, whereas the FHA limit for a single-family home stands at $472,030.
Utilize Lendersa® USDA loan calculator to compare the best rates today between USDA and FHA and identify the necessary income, credit score, reserves, and documentation to qualify. Our comprehensive mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side by side, helping you choose the best program in for your specific financial situation.
2025 Loan Limits and Downpayment Requirements in Luverne, Rock county, 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 Luverne, MN
Lendersa® aims to secure you the best possible USDA or FHA loan promptly and effortlessly. Choose from three starting points that connect you to matching lenders and USDA loan programs.
A USDA home loan, guaranteed by the Department of Agriculture, also called a USDA rural development loan or USDA mortgage, is available only in rural areas. Unlike FHA loans that mandate a minimum 3.5% down payment, USDA loans require no down payment at all.
1104 S. Arlington Heights Rd, Arlington Heights, IL, 60005
AAEC Credit Union has assets of approximately 84 million dollars. We offer a full range of financial services designed to help our members manage their money effectively.AAEC is a state chartered institution and all deposits are insured up to $250, 000 by the National Credit Union Administration (NCUA), an agency of the federal government
2340 S Arlington Heights Rd, Arlington Heights, IL, 60005
Colin Barr, Mortgage We know how overwhelming the process of buying a home is, especially if it is the first time that you're doing it. We will work closely with you to explain the process, to protect you from making mistakes that could cost you later, and to ensure that your mortgage gets approved and you get the home that you.
2025 S. Arlington Heights Rd, Suite 118, Arlington Heights, IL, 60005
Tiger Financial Services, Inc. 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.
2340 S. Arlington Heights Rd, Suite 440, Arlington Heights, IL, 60005
"Established in 2003 as a partner company to Town & Country Realty.
We originally started at the location in downtown Arlington Heights and in 2013 moved our office location to the corner of Arlington Heights Rd. and Algonquin. Town & Country Mortgage Services, Inc. provides the best combination of interest rates and closing costs,"
In 1906 a group of local farmers gathered to talk about a vision they had of opening a local community bank. In September of 1906, their dream became reality when they opened the doors for business to the Bank of Old Monroe.
Today, the Bank of Old Monroe serves Lincoln, Pike, Warren and St. Charles counties with 5 locations in Old Monroe,
Itasca Bank & Trust Co. would like the opportunity to earn your business. Our bankers take the time to get to know you, your objectives, and your strategic plan. We'll work with you to help uncover financing options available for managing your business and create a banking package tailored to your business needs.
111 Barclay Boulevard, Suite 205, Lincolnshire, IL, 60069
Homz Mortgage LLC serves the residential mortgage needs of individuals for purchases and the refinance of primary, secondary and investment properties. We broker mortgage solutions for single family homes, condos, townhomes and one to four-unit buildings in Illinois and Florida. We believe your mortgage need is more than just a transaction.
First State Bank of Bloomington is unique because we’re 100% employee-owned. If that sounds uncommon, it’s because our ownership structure is extremely rare. In fact, industry analysts have estimated that fewer than 10 banks across the country have a similar structure to ours.We have the attitude & the commitment to make you financially successful.