USDA Vs. FHA your options comparison in Scandia, Washington County, MN

As of 2026, the USDA loan cap in Scandia, within Washington county, MN, is established at $0. Meanwhile, for purchasing a single-family dwelling, the FHA loan limit is $515,200.

Utilize the Lendersa® USDA loan calculator to accurately compare today's leading USDA versus FHA interest rates. Evaluate the necessary income, credit score, financial reserves, and documentation required to determine eligibility. With our cutting-edge mortgage calculator, you can view USDA, FHA, Conforming, and VA loan options side by side, assisting you in selecting the most suitable program for your particular financial situation in .

Access loan offers from 100 different lenders for an informed choice

Loan Limits and Down Payment Requirements for 2026 in Scandia, Washington, 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 Scandia, MN

The primary objective of Lendersa® is to provide you with the best USDA or FHA loan options swiftly and with minimal hassle. Choose from one of the three starting methods to connect with matching lenders and USDA loan programs that align with your needs.

Results of a Lendersa USDA loan request and matches

What Defines a USDA Loan in MN?

A USDA home loan is a mortgage guaranteed by the U.S. Department of Agriculture, also known as a USDA rural development loan or USDA mortgage. It is available exclusively in rural locales. Unlike FHA loans, which necessitate a down payment of at least 3.5%, USDA home loans require no down payment, making them particularly advantageous for qualifying borrowers.

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



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