USDA and FHA Pro and Con in Mound, Hennepin County, MN
In 2025, USDA loan limit in Mound, county of Hennepin, MN is $0 while FHA limit is $515,200 for a single-family home.
Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.
2025 loan limits and downpayment requirments in Mound, county of Hennepin, MN
Loan Type
Loan Limit
Down payment
USDA
$0
0%
FHA
$515,200
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA loan options in Mound, MN
Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.
USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
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Tom Davis is the founder of Western Pacific Loans. (1986) He has been working with Rob Penrose and Mike Duggan since 1996. Jim Connolly and Rick Vejby joined the team in 2010. Every agent has over 30 yrs of loan originating experience. Western Pacific Loans, Inc Established in 1989.
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Tracey Financial Group, Inc is a full service mortgage brokerage providing mortgages to families and individuals. We provide loans for residential and commercial real estate purchases and refinances. We also provide debt consolidation loans as well as construction, investment and multi family loans.
Martin B. McCormick, with over 35 years of experience in banking, finance and real estate; founded McCormick & Co. Homes and Loans in 2007. His goal was to develop a solution-based operation to help consumers and fellow professionals, obtain financing to acquire real estate for home ownership and/or business purposes.
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645 Fourth Street Suite #215, Santa Rosa, CA, 95404
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