USDA Vs. FHA your options comparison in Northfield, Rice County, MN
In 2025, 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.
2025 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.
At Joonago Mortgage, our number one focus is using all of our resources to create the best possible customer experience. After all, purchasing a home is one of the biggest decisions you will make. We have worked hard to be able to provide some of the best rates, the fastest turn around times, and the most user-friendly experience available.
Wisconsin Mortgage Group LLC, we treat each customer as an individual, not a number. We don’t place you into a loan profile formula created by the banking industry. We use “common sense” and will help you obtain the best loan possible. We represent a wide range of “A” rated lenders with first quality rates to private “hardship” lenders.
Midwest Bank is proud to be a locally-owned, community bank. Our employees understand that the foundation of our business is built on the relationships we have with our customers. We serve the communities with courtesy, professionalism and integrity; our customers are our neighbors, friends and family.
Community National Bank in Monmouth is a Locally Owned Bank providing friendly and personalized service to the people and businesses in Monmouth, Illinois and the surrounding area. In January 1964 the community of Monmouth was shocked to learn that control of the Second National Bank had changed and the bank was being voluntarily liquidated.
Farmers Savings Bank was founded in 1908 in Wever, Iowa. Business was conducted in the original building, just west of the railroad tracks, until 1996. In 1969 the building was remodeled and enlarged to include a drive-up facility. The bank moved into its current facility on the east side of Highway 61 in 1996.
Anderson State Bank’s operation spans three centuries of service to Knox and Henry counties. The Bank was opened in 1876 by A.B. Anderson. In 1917 the bank became incorporated under the name of Anderson State Bank.
Andrew B. Anderson came to Knox County in May 1852. A native of Scotland, Andrew first stopped in Victoria
A long, long time ago, all the way back in 1854, the story of Connection Bank and Insurance began. In fact, it was the very first banking institution established in the state of Iowa. As the years passed, the name changed several times but ultimately settled as Fort Madison Bank & Trust (FMBT).
LaMoure Credit Union has been open since 1940. It's the 19th largest credit union in North Dakota with assets totaling $33.58 Million and providing banking services to more than 1, 000 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans
TruStar was founded in 1960 by paper mill employees in International Falls who were looking for a way to secure good rates on loans and competitive dividends on their savings. They each tossed five dollars in a hat to form the credit union’s first assets! We have grown significantly since our early days and have been recognized by industry peers.
Battle Creek State Bank prides itself on being an independent, locally owned bank serving the financial needs of Battle Creek and its surrounding area in Northeast Nebraska. We are dedicated to providing professional banking services. We treat people the way we would like to be treated, with complete honesty and confidentiality.
