USDA Vs. FHA Pro and Con comparison in Prior-Lake, Scott County, MN
In 2025, the USDA loan limit applicable in Prior-Lake, located within Scott county, MN, is $322,000. Meanwhile, the FHA limit for a single-family residence is $402,500.
Take advantage of the Lendersa® USDA loan calculator to compare current USDA versus FHA best rates and identify the income, credit, reserves, and documents required for eligibility. Our advanced mortgage calculator allows you to examine USDA, FHA, Conforming, and VA loans side by side, helping you choose the optimal program in for your financial situation.
2025 Loan Limits and Down Payment Requirements in Prior-Lake, County of Scott, 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 Prior-Lake, MN
Lendersa® aims to seamlessly and quickly connect you with the best USDA or FHA loans available. Choose one of three starting points to find matching lenders and USDA loan programs tailored to your needs.
USDA home loans, guaranteed by the Department of Agriculture and also referred to as USDA rural development loans or USDA mortgages, are specifically available for rural areas only. Unlike FHA loans which require a minimum down payment of 3.5%, USDA loans do not require any down payment.
National Exchange Bank & Trust has proudly served Southeastern Wisconsin since 1933. We are an independent, family-owned financial institution that has been held in high regard as one of the highest rated financial institutions in the Midwest for many years. Our performance is supported by a strong balance sheet, prudent asset management.
First Iowa State Bank is located in Albia, Iowa, county seat of Monroe County, on the northeast corner of the city square. The original building was built in 1869 and housed a number of businesses until 1922 when it was completely gutted and rebuilt by the Iowa Trust and Savings Bank. The present bank was formed in 1930.
Aberdeen Federal Credit Union was chartered on April 11, 1935 to promote thrift among the members and enable them to obtain loans for productive and provident purposes at reasonable rates of interest.
Aberdeen Federal Credit Union is a member-owned not-for-profit financial cooperative.
Blackhawk Community Credit Union is a member-owned financial services organization. Our mission is to empower our members to reach their financial goals. We will do this by holding the highest standards for service while operating in an ethical and financially sound manner and providing our employees with a rewarding career.
On February 1, 1922, the Mayville Savings and Loan Association first opened for business. Our local “Building & Loan” was created to serve two local needs — first, to promote housing by offering affordable home loans to all residents and second, to provide a means for people to safely save money by depositing small sums on an installment basis.
105 South Main Street, Suite L, Mayville, WI, 53050
Team Get It Done is a Wisconsin based mortgage team. Specializing in Purchase and Refinance, First Time Home Buyer loans; FHA; USDA; VA; Conventional & Jumbo loans. With experience in all levels of the Mortgage Industry from $40, 000 FHA loans to $3MM Jumbo loans Team Get It Done has the knowledge & experience necessary to turn dreams to reality.
First National Bank is a $382 million community bank that offers a full line of business, agricultural, mortgage, consumer deposit and lending services as well as wealth management services. First National Bank has offices located in Creston, Afton and Shenandoah. Visit www.fnbc.bank/about/locations to find a location near you! Member FIC.
The goal of the Hustisford State Bank has been and continues to be to provide quality personal service to our customers. Hustisford State Bank is committed to remain an independent community bank and will continue to strive to provide quality services to its customers, which are its most valuable asset.
With a variety of financial services to meet your needs, First Community Bank is certain to have the solution you're looking for. Whether it's a checking account, a car loan, or a place to watch your money grow, our bank is the place for you.
Locations in Beemer, Fremont, Bancroft & Homer Nebraska
