USDA Vs. FHA your options comparison in Morris, Stevens County, MN
In 2026, the USDA loan limit in Morris, located in Stevens, MN, is $336,500 while the FHA limit for a single-family home is $472,030.
Use the Lendersa® USDA loan calculator to compare today’s optimal USDA versus FHA rates. Determine the income, credit, reserves, and documentation necessary to qualify. Our advanced mortgage calculator allows a side-by-side view of USDA, FHA, Conforming, and VA options, assisting you in choosing the best program in Alabama suited to your financial needs.
Loan Limits and Downpayment Requirements for 2026 in Morris, Stevens, MN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Morris, MN
The goal of Lendersa® is to secure you the best USDA or FHA loan quickly and without hassle. Begin with one of three options that lead to matching lenders and USDA loan programs.
A USDA home loan is a loan guaranteed by the government Department of Agriculture, also known as the USDA rural development loan. This mortgage is available only in rural neighborhoods. Unlike FHA loans requiring a minimum down payment of 3.5%, the USDA mortgage requires no down payment at all.
Lowry State Bank was first organized in 1899 but wasn’t officially chartered until December 26, 1907. Andrew Jacobson was the Bank’s first President; he served in that position until January 6, 1926 when Iver Engebretson succeeded him as President. On November 8, 1932, the Bank assumed the assets.
Our purpose is to make a positive impact on our customers, employees, and communities. We try to do this by actively practicing our values every single day. We also have a dedicated focus on building relationships with our customers. We want what\ u2019s best for YOU; you\ u2019re our #1 priority.
Eagle Bank is a full service financial institution offering a broad range of financial services to individuals and businesses. Whether you need security in your checking account, a place to save your money for a rainy day or assistance in purchasing a new car, boat or home, Eagle Bank can help with our full line of banking services.
The ASECU was organized on February 15, 1954, with 7 members. We currently have almost 1000 members. The board of directors and committee members meet monthly to review the general operations, set interest rates, and review agenda items The Credit Union has mailboxes at both the Alexandria Technical & Community College and Voyager School.
Viking Bank, we are proud to be locally owned and operated and are committed to providing a positive banking experience for our customers. We are community bankers and proud of it. Our team of talented and knowledgeable bankers are focused on making the needs of our customers their foremost priority with relationships based
The Co-op Credit Union was organized in 1940 when the co-operative movement was going strong in the rural areas. Nine people who believed in the co-op movement and the impact it had on the financial well-being of people met at the Co-op Grocery Store and the idea of a credit union was born.
When the bank opened in 1884, the founders had a clear vision: safeguarding people’s money so they could realize their dreams, & contributing to the community, making it a great place to live and work. In 1951, Russell Bauman joined the State Bank of Kerkhoven. He purchased the bank in 1976 & carried the vision forward with unwavering dedication.
