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 .
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.
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.
First State Bank of Wyoming is a family owned community bank that has proudly served Wyoming, Minnesota and the surrounding community since 1914. We pride ourselves on providing excellent customer service and commitment to relationships, as well as providing a wide array of financial services tailored to best fit your banking needs.
3625 Talmage Circle, Suite 102, Vadnais Heights, MN, 55110
Lends in Minnesota
Cities Credit Union is a full-service financial institution based in Vadnais Heights, Minnesota serving the communities of Vadnais Heights, White Bear Lake, White Bear Township and Gem Lake. We offer all products and services that the big banks do--checking, savings, loans, mortgages, full-service teller counter--but we pride ourselves.
SMW Financial Credit Union's mission is to build trusted relationships and strong financial futures for our members. Membership is open to anyone who lives, works, worships, goes to school or volunteers in Anoka, Hennepin, Ramsey or Washington Counties of Minnesota. We play an active role in supporting those communities through.
First State Bank and Trust is a community owned bank that has been serving the Saint Croix Valley since 1914. With four locations in Minnesota - Bayport, Stillwater, Oak Park Heights,and Boutwells Landing - and another one in Hudson, WI, First State Bank and Trust is a full service bank that can assist in all aspects of your financial portfolio.
Lake Elmo Bank has built its tradition on a personal approach to banking. We get to know our customers so that we understand each customer's unique needs with the intent of building long-term financial relationships. This goal has been the foundation of our business for over 100 years.
2796 Lisbon Avenue Court North, Lake Elmo, MN, 55042
Lends in Minnesota
Impact Mortgage was started in 2007. After working with a few different direct lenders and brokers since 2004, I decided that I could save my clients a lot of money by not charging all the unnecessary fees associated with purchasing or refinancing their home. So I took the self-employment leap in 2007 and have never looked back.
We are a not-for-profit financial cooperative, owned by its members. Our mission is to build lifelong relationships that enhance the financial lives of our members and Catholic communities. At the turn of the 21st century, the Board of Directors of Catholic United Financial approved the establishment of a member-owned credit union.
Chartered in 1974, Premier Bank set up shop as Maplewood State Bank in a trailer on the corner of Beam and White Bear Avenues. Maplewood State Bank was the smallest of the 714 Minnesota Banks. We work as hard as you do each day to earn the privilege to grow together. Focused on an ever brighter financial future.
