USDA VS FHA in Mahtomedi, Washington County, MN

In the year 2025, the USDA loan limit for a single-family home in Mahtomedi, located in the county of Washington, MN, is set at $0. Meanwhile, the FHA limit is $515,200.

Utilize the Lendersa® USDA loan calculator to evaluate and compare current USDA and FHA rates. With this tool, determine the necessary income, credit score, savings, and documents to fulfill qualification requirements. Our sophisticated mortgage calculator presents options like USDA, FHA, Conforming, and VA loans side by side, aiding you in choosing the best-fit program for your financial needs in .

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Loan limits and down payment requirements for 2025 in Mahtomedi, Washington, MN

Loan Category Max Loan Amount Minimum Down Payment
USDA $0 0%
FHA $515,200 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA loan alternatives in Mahtomedi, MN

The primary objective of Lendersa® is to facilitate you in obtaining the most favorable USDA or FHA loan efficiently and without any complications. Choose from one of three options to connect with matching lenders and discover suitable USDA loan programs.

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Defining a USDA Loan in MN

A USDA home loan, guaranteed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is available exclusively in rural areas. This loan type is distinct from FHA loans, which require a minimum down payment of 3.5%, as USDA loans do not necessitate a down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



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