USDA Vs. FHA your options comparison in New-Prague, Le Sueur County, MN
In 2025, the USDA loan cap for a single-family home in New-Prague, county of Le Sueur, MN, is $322,000, while the FHA limit is $402,500.
Utilize Lendersa® USDA loan calculator to compare today's top USDA and FHA rates, evaluating necessary income, credit, reserves, and documentation to qualify. Our advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA loans side by side to decide which program in best fits your financial situation.
2025 Loan Limits and Down Payment Requirements in New-Prague, Le Sueur, MN
Loan Type
Loan Limit
Down Payment
USDA
$322,000
0%
FHA
$402,500
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in New-Prague, MN
Lendersa® strives to secure the best possible USDA or FHA loan quickly and without hassle. Choose from one of three starting points that guide you to matching lenders and USDA loan programs.
A USDA home loan, known also as a USDA rural development loan, is sponsored by the Department of Agriculture and is available only in rural areas. Unlike FHA loans requiring a minimum 3.5% down payment, USDA loans require no down payment, providing significant accessibility.
Filer Credit Union first opened its doors in 1951 in an office at the American Box Board Company (currently PCA). The credit union has long since moved out of the plant, but we will never forget our roots or the men and women who first introduced the credit union movement to our area. Interestingly enough
Illiana Financial was organized in 1936 by a small group of employees working at Illinois Bell Telephone Company, a subsidiary of American Telephone & Telegraph (A.T.&T.). These volunteers formed the credit union with the philosophy of helping each other by pooling their resources together in order to loan money to each other in times of need.
Whiting Refinery Federal Credit Union is an independent, federally chartered organization owned and directed by its members – your friends and fellow employees. We are a non-profit organization supervised by the Federal Government. Our purpose is to help you save your money conveniently.
The IAA Credit Union was formed in 1951 to serve the financial needs of the employees of the IAA Family of Companies. Through the years, our field of membership has been expanded to include the members of Illinois Farm Bureau, COUNTRY Financial policyholders, GROWMARK patrons, and other small employee groups.
Bloomington Municipal Credit Union was started by City of Bloomington employees in January 1953. In August 1975, membership was extended to McLean County employees and other municipalities. The original office was located in a desk drawer at City Hall. Then the City of Bloomington provided office space at 401 S East Street
Will Fosters goal and aspiration is to provide you with such an incredible lending experience you will feel comfortable introducing the people you care about most to me. Looking forward, I see a huge opportunity to help an immense amount of people realize their financial goals, and it is my hope you will be right there alongside me.
First State Bank of Bloomington is unique because we’re 100% employee-owned. If that sounds uncommon, it’s because our ownership structure is extremely rare. In fact, industry analysts have estimated that fewer than 10 banks across the country have a similar structure to ours.We have the attitude & the commitment to make you financially successful.
Established in 1940, Mid-Illini Credit Union evolved from a handful of employee credit unions that joined together to provide top-rate financial services to thousands of local residents. We’re now over 7, 000 members strong and growing…
MICU is a not-for-profit, member-owned financial cooperative, not a corporation
1709 Tullamore Ave, Suite D, Bloomington, IL, 61704
"Team USA Mortgage is a national mortgage company offering retail mortgages and employment opportunities for qualified groups and individuals.
Team USA Mortgage is committed to serving customers in all licensed states. Our core values of Honesty, Integrity, and Transparency flow from the corporate office
First State Mortgage (FSM), a subsidiary of First State Bank, Member FDIC, was founded in 2007 by a group of veteran bankers who have been working together in the residential First State Mortgage industry for more than 20 years. Our goal is to provide a comprehensive range of mortgage products, competitive pricing, and high quality.
