USDA VS FHA in Norwood-Young-America, Carver County, MN

In 2025, the USDA loan limit for Norwood-Young-America, within the county of Carver, MN, is set at $322,000. In contrast, the FHA limit for a single-family home stands at $402,500.

Utilize the Lendersa® USDA loan calculator to compare today's top USDA versus FHA rates, and identify the income, credit, reserves, and documentation required to qualify. By using our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA options side by side, which aids in making the best decision for your financial scenario in .

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2025 Loan Limits and Down Payment Requirements in Norwood-Young-America, Carver, 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 Norwood-Young-America, MN

The mission of Lendersa® is to connect you quickly with the best USDA or FHA loan options without any hassle. Choose from one of three starting paths that link you with matching lenders and USDA loan programs suited to your needs.

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What is a USDA Loan in MN?

A USDA home loan is government-backed by the Department of Agriculture, commonly known as a USDA rural development loan or mortgage, and is available solely in rural areas. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans require no down payment.

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



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