USDA and FHA Pro and Con in Plymouth, Hennepin County, MN

In 2025, the USDA loan cap for Plymouth, located in Hennepin, MN, is $0, whereas the FHA limit for single-family residences is $515,200. These figures are key for potential homebuyers evaluating their financing possibilities.

Utilize Lendersa®'s USDA loan calculator to effectively compare today's most competitive USDA and FHA rates. This tool helps you ascertain the necessary income, credit, reserves, and documentation needed to qualify. By using our sophisticated mortgage calculator, you can compare various loan types, including USDA, FHA, Conforming, and VA, side by side to determine the best program for your financial circumstances in .

Explore loan offers from a substantial selection of 100 lenders

2025 Loan Limits and Downpayment Guidelines in Plymouth, Hennepin, MN

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $515,200 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA Loan Options in Plymouth, MN

This platform aims to deliver the ideal USDA or FHA loan quickly and efficiently. Choose from one of three starting points to connect with matching lenders and individualized USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in MN

USDA home loans are backed by the government through the Department of Agriculture, also known as USDA rural development loans or USDA mortgages, and are designed for rural neighborhoods. Unlike FHA loans, which require a 3.5% down payment, USDA loans require none, offering substantial benefits to qualified residents.

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



  • Vision Bank of Iowa
  • 104 Chestnut, Ames, IA, 50010
  • VisionBank is dedicated to creating meaningful relationships with customers in each community and helping each community be the best that it can be. The bank offers full service retail, mortgage, consumer, commercial, commercial real estate, and agricultural deposit and lending products and services.
  • Howell Investment Finance
  • 510 S. 17th St, Suite 101 D, Ames, IA, 50010
  • Howell Investment Finance will help you navigate the loan process to achieve the most rewarding outcome. To get the best deal on property financing, you need access to a wide variety of mortgages. Howell Investment Finance will connect you with choices such as HUD, Fannie Mae, Freddie Mac, conduit loans, bridge loans, and construction loans.
  • Greater Iowa Credit Union
  • 801 Lincoln Way, Ames, IA, 50010
  • GICU is a proud credit union organized differently than banks and other financials. We're not-for-profit, member-owned and return net earnings to our members through higher yields, lower rates and greater overall returns on your hard-earned money.At GICU, about helping our members reach their financial goals and want to see them succeed.
  • Iowa State Bank
  • 240 Linn Street, Brunsville, IA, 51008
  • Iowa State Bank is a full service bank with locations in Hull, Ireton, Orange City, Paullina, Remsen, Sanborn, and Sheldon, Iowa. Iowa State Bank presents this page to you through Facebook. Facebook is owned by a third party not affiliated with ISB, and ISB is not responsible for Facebook’s privacy or security policies.
  • Ultima Bank
  • 9 West Minnesota Avenue, Winger, MN, 56592
  • Ultima Bank Minnesota originated as Farmers State Bank of Winger and was founded in 1904 in Winger, Minnesota, a small farming community in the northwest corner of the state. As typical of such communities, Winger's population peaked in the 1940's and then began to drop from about 400 to a little over 200 people today.
  • The Baraboo National Bank
  • 101 Third Avenue, Baraboo, WI, 53913
  • Baraboo State Bank has served the people of Baraboo and its surrounding communities since 1857. The bank is locally owned and operated. We are a member of The Baraboo Bancorporation, Inc. holding company. We take pride in providing our customers with excellent customer service, a wide variety of accounts, and competitive loan rates.
  • The State Bank of Toledo
  • 100 East High, Toledo, IA, 52342
  • We want to show you just how pleasant your banking experience can be when you make State Bank of Toledo your financial services choice. Our HOMETOWN focus ensures our customers always come first. We have the largest deposit market share in Tama County, Iowa, making us the largest and most successful bank in our trade area.
  • United Bank of Iowa
  • 501 2nd St, Ida Grove, IA, 51445
  • United Bank of Iowa is a bank with operations in one state. United Bank of Iowa offers numerous mortgage programs including conventional, USDA, construction and agricultural loan mortgages. United Bank of Iowa is an independent financial services organization focusing on creating and maintaining personalized customer relationships
  • Norstar Federal Credit Union
  • 515 Vander Horck Street, Britton, SD, 57430
  • Norstar FCU is your family, friends and neighbors. We are a community credit union founded in 1942. With a local presence and local decision-making, we are here to bring that personal touch back to your finances. The friendly staff, terrific rates and many conveniences of NFCU have made believers out of over 2, 700 satisfied members.
  • Breda Savings Bank
  • 105 Main Street, Breda, IA, 51436
  • Bank of Breda of Frazier and Frazier originated August 4, 1890. The bank had its first depositor the following day and one month later the bank had ten depositors. Records indicate the bank was paying 8% interest on Time Certificates in September of 1896. The bank was incorporated on January 17, 1906, and the name changed to Breda Savings Bank.