USDA and FHA Pro and Con in Marshall, Lyon County, MN
As of 2025, the USDA loan threshold for a single-family home in Marshall, located in the county of Lyon, MN, has been set at $336,500, whereas the FHA loan cap is $472,030.
Utilize the Lendersa® USDA loan calculator to evaluate and contrast today's optimal USDA versus FHA rates. You can determine the required income, credit, reserves, and essential documents for eligibility. Our sophisticated mortgage calculator enables you to compare USDA, FHA, Conforming, and VA options side by side, assisting you in selecting the most suitable program for your financial circumstances in .
Loan limits and down payment requirements for 2025 within Marshall, MN, in the county of Lyon
Loan Category
Maximum Limit
Down Payment Requirement
USDA
$336,500
No Down Payment
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Evaluating USDA and FHA Loan Options in Marshall, MN
Lendersa® is committed to facilitating quick and hassle-free access to top-tier USDA or FHA loans. Start by choosing one of the three available paths, each designed to connect you with appropriate lenders and USDA loan offerings.
A USDA home loan, guaranteed by the United States Department of Agriculture, is often called a USDA rural development loan or USDA mortgage and is exclusively available in rural locales. In contrast to FHA loans, which mandate a minimum down payment of 3.5%, USDA loans require no down payment whatsoever.
Don Elbert a mortgage banker offering all mortgage products including FHA, VA, Conventional and Jumbo. Serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state for the past 18 years. Don also a trusted mortgage advisor to many CPA’s and Financial planners in the area.
Barclay Butler Financial 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 investors with quality rates and this company A+ rating with the BBB.
State Bank of The Lakes offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts.
Havana National Bank, established in 1875, is a locally owned agricultural bank situated along the Illinois River in Havana, Illinois. During our 140 plus years of service to the communities we serve, we have focused on the farming community as our mainstay. This area of west central Illinois attributes a portion of its success.
Your credit union is a cooperative financial institution that is governed by a Board of Directors. The Board is composed of volunteers who must be members in good standing of the Ottawa Hiway Credit Union. They were elected at the Annual Meeting in January 2022 The credit union employs three full-time staff members.
Financial Plus Credit Union is a financial cooperative, owned & operated by its members. This is what distinguishes the Credit Union from other financial institutions. Members put their money in a variety of savings accounts & money in turn is lent to other members. Every member of Financial Plus has one vote, regardless of how much has on deposit.
The First National Bank of Ottawa has marked over 150 years of innovation, bold initiative, and community leadership as an independent community bank. The following provides an overview of some historic highlights and insight into the traditions that have served us well, both as an integral partner in the development of our communities.
Established in 1889, First Federal Savings Bank has been serving the needs of its customers for over 130 years. First Federal Savings Bank is a Mutually owned bank with 12 locations to serve you. Our corporate headquarters is in Ottawa, Illinois. As a Mutual Savings Bank, we cannot be bought or sold. Our name will remain the same.
Loan Valet streamlines the home loan process and enhances your experience by storing all files and data in one safe, secure place. Know exactly where your application stands, track your progress, eSign documents, upload files by capturing a photo with your smartphone or device, and never lose important contact information.
Educators Credit Union was founded by teachers in 1937 so members could borrow and save money at fair and reasonable interest rates. Today, Educators members are students, government workers, healthcare employees, small business owners and many other community members. Educators started out operating under the guiding principle of “Not for Profit.
BLP is a private non-profit organization, licensed by the U.S. Small Business Administration (SBA) as a Certified Development Company (CDC) to do SBA 504 lending. We are the only CDC headquartered in Southeast Wisconsin and have been in business since 1983. BLP staff provides access to the SBA 504 loan program & other resources using our expertise.
