USDA and FHA Pro and Con 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.

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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.

Lendersa USDA loan request and matching results

Understanding USDA Loans in MN

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.

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



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