USDA and FHA Pro and Con in Northfield, Rice County, MN
In 2026, the USDA loan limit for Northfield, within Rice county, MN, stands at $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 and ascertain the income, credit, reserves, and documentation required for qualification. Through our advanced mortgage calculator, you can simultaneously view USDA, FHA, Conforming, and VA loans, aiding your decision on which program in is most appropriate for your financial circumstances.
2026 Loan Limits and Down Payment Requirements in Northfield, County of Rice, MN
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Northfield, MN
The objective of Lendersa® is to connect you with the most suitable USDA or FHA loan expediently and without hassle. Opt for one of three starting methods to identify matching lenders and USDA loan programs.
A USDA home loan is a government-backed mortgage provided by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage. These are specifically available for rural areas. Unlike FHA loans, which necessitate a minimum 3.5% down payment, USDA loans do not require any down payment.
Community Resource Bank is a true community bank and an integral part of the communities we serve. It is not enough for us to simply open and maintain accounts or loans for our customers. CRB employees are active in a host of civic, charitable, educational, and economic development endeavors.
101 East 5th Street, Suite 205, Northfield, MN, 55057
Lends in Minnesota
TwinCity Lending, we are honored to help you achieve the American dream through homeownership. We are Minnesota’s premier mortgage broker, and we deliver top-notch results through our concierge service.We love being part of a community that we can serve with excellence and integrity.
Frandsen Bank & Trust is a full-service community Bank with offices in Minnesota, North Dakota, and Wisconsin. Our complete selection of Banking products and services is delivered with superior customer service. We proudly offer business and personal Banking solutions along with wealth management trust* services.
On August 13, 2007 Reliance Bank opened its doors to the community of Faribault as a State Chartered, FDIC insured, full-service bank. Staffed with nine experienced bank employees, Reliance set off on a mission to become the best community bank. After its first full year of operation, Reliance Bank was given the coveted Faribault Area
Lakeview Bank In a marketplace that is overcrowded with banks, our objective is simple and straightforward: offer high quality banking products and services to meet your needs, utilize state-of-the-art technology to improve your efficiency, and employ professional people in a cordial environment to make working with us easy. So whether you are look
16233 Kenyon Avenue, Suite 120, Lakeville, MN, 55044
Lends in Minnesota
AMERICAN LAND & CAPITAL providing construction mortgage loan financing for builders, remodelers and land developers in Minnesota, Wisconsin, North Dakota, South Dakota, and Florida. Call AMERICAN LAND & CAPITAL for construction mortgages in the upper midwest.
AMERICAN LAND & CAPITAL services include New Home Construction Mortgages, etc
19950 Dodd Boulevard, Suite 102, Lakeville, MN, 55044
Lends in Minnesota
Arik Orosz has been at the top tier of the mortgage industry since 2003 and has been managing in the mortgage industry since 2004, until starting Reduced Fee Mortgage, Inc. A Mortgage company centered around finding you the best deal by shopping your loan to more than 30 different lenders.
14093 Commerce Avenue NE, Suite 100, Prior Lake, MN, 55372
Lends in Minnesota
Voyageur Financial, Inc. is a family owned mortgage company located in Prior Lake. For over 30 years we have built a strong reputation as an outstanding mortgage brokerage firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state.
Vermillion State Bank is a community bank with six locations in the southeast Twin Cities metro area. Founded in 1918, we take pride in our commitment to providing excellent customer service by keeping banking simple. We offer our customers experienced advice, not sales, in the areas of Personal & Commercial Banking.
