USDA and FHA Pro and Con in Minneapolis, Hennepin County, MN
As of 2026, the USDA loan limit in Minneapolis, county of Hennepin, MN, is $0. In comparison, the FHA limit for a single-family home is $515,200.
Utilize the Lendersa® USDA loan calculator for comparing today's top USDA and FHA rates, and determine the income, credit, reserves, and documents necessary to qualify. Our advanced mortgage tool places USDA, FHA, Conforming, and VA loans side by side to aid your decision on the best program for your financial requirements, especially if you're in Alabama.
Loan Limits and Downpayment Requirements for 2026 in Minneapolis, Hennepin, MN
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$515,200
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Minneapolis, MN
The objective of Lendersa® is to secure the best USDA or FHA loan swiftly and without hassle. Choose one of three starting points to connect with lenders and discover USDA loan programs suited to your needs.
A USDA home loan, guaranteed by the Department of Agriculture, known also as a USDA rural development loan or USDA mortgage, is exclusively available in rural areas. Contrary to FHA loans requiring a minimum 3.5% down payment, USDA loans need no down payment.
U.S. Bancorp, with nearly 70, 000 employees and $554 billion in assets as of December 31, 2020, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with digital tools that allow customers to bank.
2523 Wayzata Blvd S, Suite 200, Minneapolis, MN, 55405
Lends in Minnesota
At Luminate Home Loans, our mission is to unlock people's full potential through finances and provide them with clarity through every step of the loan process.
We make lending approachable. By bringing transparency and consistency to every part of the financial world, we strive to guide people to decisions that are in their best interest.
333 Washington Avenue North, Suite 300, Minneapolis, MN, 55401
Lends in Minnesota
Reliable Mortgage Inc. has maintained a reputation for exceptional service and competitive mortgage financing since 2001. The majority of our business is derived from referrals of past, satisfied clients and real estate agents. As a local business, we utilize market-leading lenders and secure the best loan program at the lowest possible rates.
424 North Washington Avenue, Suite 201, Minneapolis, MN, 55401
Lends in Minnesota
At NorthPort, we believe a key component to successful business is having a robust set of services that allow our business customers to manage their financing easily and efficiently giving them more time to focus on the important parts of their business by spending less time shopping the mortgage market.
Our mission is to provide you the tools and manpower necessary to make the most of your VA mortgage benefits. From tracking your Certificate of Eligibility to funding your loan, we are there, every step of the way.
You may know that the VA loan program is one of the greatest benefits of military service
Satori Mortgage is a Minneapolis mortgage company with the experience and professionalism to make your dream of owning a home a reality. We know the lending industry inside and out and can provide dedicated mortgage solutions to suit any need and any budget.We offer a variety of mortgage solutions.
2819 Hennepin Avenue, Suite 2A, Minneapolis, MN, 55408
Lends in Minnesota
Optima Lending is a full-service mortgage company located in Minneapolis providing exceptional mortgage solutions to help you purchase your dream home. Start today with a free consultation with one of our Mortgage Care Professionals and Optima Lendings was founded with a distinct purpose to help our clients reach their financial goals
1621 East Hennepin Ave, Suite 200, Minneapolis, MN, 55414
Lends in Minnesota
At Riverland, we bring a highly personal touch to banking. As a trusted partner, understanding our client’s business goals inside and out enables us to provide counsel and well-designed solutions for their unique needs. Our committed team of experts is both dedicated and accessible to all of our partners at all times.
312 Central Avenue Southeast, Minneapolis, MN, 55414
Lends in Minnesota
At Union Bank & Trust, we know you want to feel secure and confident in your pursuit of a financial services partner, one that’s committed to providing you with services and solutions that meet and exceed your expectations. We believe you deserve a best-in-class team that is focused squarely on the personal.
