USDA Vs. FHA your options comparison in Richfield, Hennepin County, MN
In 2026, the USDA loan limit for Richfield, located in the county of Hennepin, MN, is $0, whereas the FHA limit is $515,200 for a single-family home.
Utilize the Lendersa® USDA loan calculator to evaluate and contrast today's USDA against FHA loans for the best rates available. Learn about the income, credit, reserves, and necessary documents for qualification. Our advanced mortgage calculator places USDA, FHA, Conforming, and VA options side by side to help you decide which program in suits your financial situation best.
2026 Loan Limits and Down Payment Requirements in Richfield, County of Hennepin, MN
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$515,200
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA Loans in Richfield, MN
The goal of Lendersa® is to connect you swiftly and effortlessly with top USDA and FHA loan choices. Select one of three pathways to find matching lenders and USDA loan programs tailored to your needs.
A USDA home loan is a government-backed mortgage through the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage. These loans are exclusively available in rural areas. Unlike FHA loans, which require at least a 3.5% down payment, USDA loans require no down payment.
6600 France Avenue South, Suite 125, Edina, MN, 55435
Lends in Minnesota
Crown Bank your relationship with us is a partnership and the relationship we build is an investment. We fundamentally believe that investing means you should get back more than you put in. Whether it’s personal banking or business banking, we promise our partnership entails growth and also Since 2000, we’ve built a reputation for being accessible
We offer our employees unlimited opportunities for career development, growth and the ability to contribute to the vitality of your community. Our clients choose to bank with us because of our robust product offerings, high-touch service, and commitment and impact in our communities.
TCI Business Capital has provided best-in-class factoring solutions to thousands of small to midsize companies across the United States. These companies choose us because they need working capital and value the knowledge and expertise of the TCI team. Our fast invoice factoring helps support their growth and success.
Dionna Ward handles your home financing with friendliness and finesse to get you moving forWARD with a mortgage or refinance. She brings her own personal touch to servicing her clients, which puts you at ease and gives you that much-needed assurance that she’s got your back during the entire process. She brokers your home loan with care.
4445 West 77th Street, Suite 210, Edina, MN, 55435
Lends in Minnesota
MetroFMC works hard to establish great working relationships with a wide variety of banks to enable you to have access to some of the lowest mortgage rates available.
We pride ourselves on the training and knowledge we get directly from the banks that will provide you with your loan
7601 France Ave S, Suite 170, Minneapolis, MN, 55435
Lends in Minnesota
The Tradition name represents a continual awareness and respect for the excellence of real estate development, real estate investment and real estate finance services. Tradition Companies is committed to the highest standards of quality, craftsmanship, community involvement and most importantly, a dedication to the customer.
"At Edge Home Finance Corporation, 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 work with many wholesale lenders that provide a wide variety of products such as Conventional, FHA, VA and HARP 2.0."
"Rainbow Mortgage Inc. is owned and operated by local mortgage advisors Gale and David Jamison. Prior to starting Rainbow Mortgage Inc., David worked for a Fortune 500 company as a Sales Manager/Senior Underwriter in a division that closed over 1000 loans per month. David worked as an Alternative Loan Specialist with Wells Fargo."
Toro Federal Employees Credit Union offers comprehensive financial services to Toro employees who live in the United States, as well as their immediate family members. Immediate family members include: spouses, children, stepchildren, parents, grandparents, grandchildren, brothers and sisters.
