USDA and FHA Pro and Con in Minnetonka, Hennepin County, MN
In the year 2025, the USDA loan limit within Minnetonka, county of Hennepin, MN stands at $0, whereas the FHA limit for a single-family residence reaches $515,200. Understanding these limits is key for potential homeowners when exploring their financing options in this region.
Leverage the Lendersa® USDA loan calculator to effectively compare this year’s top USDA and FHA rates. This comprehensive tool aids in identifying necessary income, assessing credit strength, evaluating reserve needs, and understanding the required documents to qualify. Using our advanced mortgage calculator, you can contrast USDA, FHA, Conforming, and VA loans side by side, giving you the tools needed to select the program best suited for your unique financial situation within .
2025 Loan Limits and Downpayment Requirements for Minnetonka, County of Hennepin, MN
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$515,200
3.5%
Conventional Conforming
$726,200
3%
Discover USDA and FHA Loan Options in Minnetonka, MN
The mission of Lendersa® is to facilitate finding the best possible USDA or FHA loan swiftly and effortlessly. Choose one of the three pathways designed to seamlessly connect you with matching lenders and personalized USDA loan programs that meet your needs.
A USDA home loan is backed by the Department of Agriculture; it's also known as a USDA rural development loan or USDA mortgage. These loans are particularly designed for rural neighborhoods and benefit from unique advantages: unlike FHA loans, which necessitate a minimum 3.5% down payment, USDA loans eliminate the need for a down payment, providing significant advantages to eligible individuals looking to finance a home.
Great Plains Bank is the trusted community financial institution in each of the four locations we serve. We are an independent, locally owned bank that has been providing our customers full service banking for over 100 years. We provide our employees a stimulating and challenging work environment that encourages, develops and rewards excellence.
Dacotah Bank is a bank with operations in one state. Dacotah Bank offers numerous mortgage programs including conventional, non-owner occupied, VA and USDA mortgages and Dacotah Bank is uniquely nimble as a state-chartered bank and locally impactful through Give Where We Live. Dacotah Bank provides banking.
Refined Lending is a custom home mortgage company specializing in up and coming or established, urban and suburban neighborhoods in the Twin Cities. Our experienced team works closely to suggest the perfect mortgage for your unique lifestyle; a payment that fits within your budget.
First Trust and Savings Bank, with it's origin dating back to 1886, has been very blessed to be part of a strong agricultural area that now includes facilities in the towns of Wheatland, Dixon, Lost Nation, Calamus, Grand Mound, and Donahue, Iowa.First Trust is a locally owned community bank, with many long term experienced employees to serve you.
Located in Scotland, South Dakota, the Farmers and Merchants State Bank was chartered and began operations on September 7, 1920. Original organizers of the bank were Philip Engel, Alex Brown, C.D. Donley, Guy R. Brown, Joseph Stevenson, and H.N. Hess. The bank is located in its original location built in 1919 at 550 Main Street.
2350 N. Casaloma Drive, Suite 100, Appleton, WI, 54913
Business Lending Group, LLC is committed to providing high-quality business lending services through a comprehensive infrastructure of services including but not limited to policy creation, sound underwriting, accurate documenting, diligent servicing, exceptional customer service and ongoing loan administration.
As a local credit union, we are strong enough to provide you with everything you need, yet small enough to know you personally and care about helping you prosper any way we can. When you choose Prospera, you become a member, not just a customer. A family that works together for everyone's benefit.
The Linda the Lender Team has helped many people in Wisconsin realize thier dream of home ownership. We have developed a loan process that is smooth and stress free. Come and see what we have to offer.
Everyone’s financial needs are different and loan programs are not one size fits all. We have many loan program options
3701 E. Evergreen Drive, Suite 700, Appleton, WI, 54913
Founded in 1999 and headquartered in Appleton, Wisconsin, McGlone Mortgage Group is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple
West Pointe Bank is Oshkosh's oldest locally owned, independent, full-service bank. West Pointe opened its doors on April 22, 1996 & has been in the community for over 26 years. All together our employees have over 500 years of diversified banking experience in our community & can provide you with the highest level of personalized customer service.
Oshkosh Community Credit Union combines the expertise of a large financial institution with the personal decision-making and personalized service you would expect from a locally-based credit union and Oshkosh Community Credit Union offers a broad array of individual finance products and services. OCCU is a recognized leader in personal finance
