USDA VS FHA in Minneapolis, Hennepin County, MN

As of 2025, 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.

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Loan Limits and Downpayment Requirements for 2025 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.

Lendersa USDA loan request and matching results

Understanding USDA Loans in MN

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.

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



  • Main Street Mortgage Inc
  • 1 Tiffany Pointe, Suite 204, Bloomingdale, IL, 60108
  • Main Street Mortgage, Inc. is an Illinois Mortgage Broker. This allows us to work with many different banks to ensure you the best rate and loan program for your needs. With over30 years of mortgage experience, Main Street Mortgage, Inc. specializes in conforming, FHA & VA loans.
  • AVA Mortgage Corp
  • 129 Fairfield Way, Suite 100, Bloomingdale, IL, 60108
  • AVA Mortgage Corp. Whether you are buying a home, refinancing, or taking out another type of loan, our staff is available at your ease and comfort, and are here to guide you through the process. Do not worry about filing a bunch of paperwork, our loan officers will walk you through the entire process.
  • QUICK MORTGAGE CORP.
  • 125 E Lake St, Unit 202, Bloomingdale, IL, 60108
  • Quick Mortgage Corp. Whether you want to buy a house, refinancing, or taking out another type of home loan, our loan officers are available at your ease and comfort, and are here to guide you through the process. Do not worry about filing a bunch of paperwork, our loan processors will walk you through the entire process.
  • LincOne Federal Credit Union
  • 4638 W Street, Lincoln, NE, 68503
  • LINCONE Federal Credit Union is a Financial Services company located in Lincoln, Nebraska, United States. We are unique from other institutions. We are not owned by shareholders, we are owned by our members; Anyone that lives, works, worships, or attends school in Lancaster County, NE.
  • Liberty First Credit Union
  • 501 North 46th Street, Lincoln, NE, 68503
  • Liberty First Credit Union is unique in the financial services industry. We are a member-owned, not-for-profit financial cooperative. Those who do business with us are known as members. We exist solely to provide our members with affordable financial services; and members work together to achieve their financial goals.
  • Northwest Missouri Regional Credit Union
  • 26155 Stolls Country Lane, Maryville, MO, 64468
  • Chartered in 1933, Northwest Missouri Regional Credit Union is a not-for-profit financial cooperative, owned, controlled, and operated for the benefit of its members. Since there are no outside stockholders to satisfy, the credit union can return a greater percentage of its income to you
  • Ottawa Hiway Credit Union
  • 700 East Norris Drive, Ottawa, IL, 61350
  • 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 - Illinois
  • 800 Chestnut Street, Ottawa, IL, 61350
  • 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.