USDA Vs. FHA your options comparison 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?



  • Next Mortgage LLC
  • 1200 WOODRUFF ROAD, Suite A3, Greenville, SC, 29607
  • NextMortgage is what lending should look like. We aren’t just focused on getting the transaction done, but what everyone gains along the way. Products and services matter, but what matters most is our people. The people on our team, the people we do business with, and the people on all sides of the mortgage transaction
  • Boykin Home Mortgage
  • 128 Millport Circle, Suite 200, Greenville, SC, 29607
  • At Boykin Home Mortgage, we are committed to providing our clients with the highest level of outstanding home loan services and building long-lasting customer relationships. Our goal is to provide the best mortgage lending solutions every time. Whether you're looking to purchase a new home or refinance your existing mortgage, we've got answers.
  • Lebanon Federal Credit Union
  • 300 Schneider Drive, Latrobe, PA, 17046
  • At Lebanon Federal Credit Union, we consider ourselves more than just a credit union. We’re a lifetime financial partner committed to serving you and your family members with unmatched dedication, integrity and care. We take pride in the fact that our small size allows us to build genuine relationships with each of our valued members.
  • Piedmont Credit Union
  • 1913 W Front Street, Statesville, NC, 28677
  • Piedmont Credit Union is a state chartered, federally insured community credit union, serving members in Iredell County since 1981. Membership in Piedmont Credit Union requires the completion of an account card, 2 forms of identification you must live or work in Iredell county or be an immediate family member of a current member
  • Great Southern Bank Mississippi
  • 218 22nd Avenue South, Meridian, MS, 39301
  • We see changes happening all around us. Progression is key to success, but there is something about the ability to adapt to those changes while also upholding our core values and traditions as a community bank. Constantly working to prepare for the future, we are certain that continuing to prioritize customer experience above all else is crucial.
  • Meridian Mutual Federal Credit Union
  • 809 26th Avenue, Meridian, MS, 39301
  • Meridian Mutual FCU is a full-service financial institution, dedicated to serving our members. Originally charted in 1953 to serve the employees of the Meridian Public School System, over the years Meridian Mutual began to serve a much broader group. In October 1997, Meridian Mutual was granted a community charter enabling us
  • MUNA Federal Credit Union
  • 4400 Highway 39 North, Meridian, MS, 39301
  • Originally, MUNA FCU was chartered in June 1962 as Meridian Naval Federal Credit Union & was for active military, retired military, & civil service Team Members affiliated with the Naval Auxiliary Air Station at Meridian. In October 1993, the name was changed to MUNA Federal Credit Union to reflect the uniting of the Meridian and Navy communities.
  • Citizens National Bank of Meridian
  • 512 22nd Avenue, Meridian, MS, 39301
  • Citizens National Bank is 129 years strong, stable and secure with over $1.3 billion in total assets. As an independent community bank, we believe we have a major advantage over the one-size-fits-all policy of most mega banks and financial institutions. With 26 locations in Mississippi, the latest technology and innovative accounts and services.