USDA and FHA Pro and Con in Montevideo, Chippewa County, MN
In 2025, the USDA loan limit for Montevideo, in Chippewa, MN, is $336,500, while the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to compare the best USDA versus FHA rates available today, assessing the income, credit, reserves, and necessary documents to qualify. Our comprehensive mortgage calculator offers a side-by-side view of USDA, FHA, Conforming, and VA programs, guiding you to select the best option in Alabama for your specific financial needs.
2025 Loan Limits and Downpayment Requirements in Montevideo, Chippewa, MN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Discovering USDA and FHA Loan Options in Montevideo, MN
The aim of Lendersa® is to assist you in obtaining the optimal USDA or FHA loan quickly and without complications. Select from three starting points that connect to matching lenders and USDA loan programs.
A USDA home loan, as guaranteed by the government through the Department of Agriculture, also called a USDA rural development loan, is exclusively available in rural areas. Unlike FHA loans that require at least a 3.5% down payment, USDA loans do not require any down payment.
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5164 East 81st Street 3rd Floor, Merrillville, IN, 46410
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been proud to offer our members a complete array of financial services including debit
