USDA VS FHA in New-London, Kandiyohi County, MN

As of 2025, within New-London in Kandiyohi county, MN, the USDA loan limit is $285,000, whereas the FHA limit for a single-family home is $356,362.

Take advantage of the Lendersa® USDA loan calculator to compare top USDA and FHA rates today, determining necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator enables you to see USDA, FHA, Conforming, and VA options side by side, helping you determine the best program for your financial situation in .

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2025 Loan Limits and Downpayment Requirements in New-London, Kandiyohi, MN

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Options in New-London, MN

Lendersa® aims to swiftly connect you with the best possible USDA or FHA loan. Choose one of three methods that lead to matching lenders and USDA loan programs suited for your needs.

Results of Lendersa USDA loan request and matches

Understanding USDA Loans in MN

A USDA home loan, supported by the government Department of Agriculture and known as a USDA rural development loan or mortgage, is only available in rural areas. Unlike FHA loans requiring a minimum of 3.5% down payment, USDA loans do not require any down payment.

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



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