USDA Vs. FHA your options comparison in Shakopee, Scott County, MN
As of 2026, the USDA loan limit for Shakopee in the county of Scott, MN, is set at $358,800. In comparison, the FHA loan limit for a single-family home is $515,200.
Take advantage of the Lendersa® USDA loan calculator to compare today’s best rates between USDA and FHA loans. Determine the necessary income, credit score, reserve requirements, and documentation for qualification. Our advanced mortgage calculator allows you to compare USDA, FHA, Conforming, and VA loans side by side, helping you find the optimal program in for your unique financial needs.
2026 Loan Limits and Down Payment Information in Shakopee, County of Scott, MN
Loan Type
Maximum Loan Amount
Down Payment
USDA
$358,800
0%
FHA
$515,200
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Choices in Shakopee, MN
The mission of Lendersa® is to facilitate a seamless connection with the best USDA or FHA loan options in a swift manner. Choose from three different approaches to find matching lenders and ideal USDA loan packages.
A USDA home loan is backed by the government's Department of Agriculture, also referred to as a USDA rural development loan or USDA mortgage, and is specifically designed for rural communities. Unlike FHA loans that require at least a 3.5% down payment, USDA mortgages demand no down payment whatsoever.
Mortgage Avenue helps you navigate the ins & outs of qualifying for and securing a home loan. Founder & home-financing expert Mike Louden educates and coaches you on financing options & helps you determine the type of home you can afford. Unlike the impersonal online mortgage companies where you need to fit neatly into their “box” to qualify,
Thistle Financial first opened its doors in Eden Prairie, Minnesota in 2005. We’re happy to be a part of this beautiful community and bring our mortgage expertise to the city and its neighboring Twin Cities. We value the trust that our clients place in us as their mortgage broker, and always look forward to working with new faces.
14093 Commerce Avenue NE, Suite 100, Prior Lake, MN, 55372
Lends in Minnesota
Voyageur Financial, Inc. is a family owned mortgage company located in Prior Lake. For over 30 years we have built a strong reputation as an outstanding mortgage brokerage firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state.
6385 Old Shady Oak Road, Suite 175, Eden Prairie, MN, 55344
Lends in Minnesota
Cambria Mortgage is a family-run business with deep MN roots. Whether you are buying a home or refinancing your current mortgage, you’ve come to the right place.Cambria Mortgage is a family-run business with deep MN roots. Our rich heritage is built on sound business principles such as hard work, commitment to the customer and integrity.
8400 Normandale Lake Blvd, Suite 920, Minneapolis, MN, 55437
Lends in Minnesota
We don’t just pitch rates. That doesn’t take any skill. Sure, we have some of the best rates available in the market, but that doesn’t mean that a particular lender or interest rate is right for you and your goals. We believe that our professional responsibility is to help you manage your mortgage debt over your lifetime.
SharePoint is committed to serving the financial needs of its members through quality financial products & a strong community presence. SharePoint is leading the way in service & products for our members. We strive to give our members the service they deserve, while enhancing their financial well-being. Our personal service, competitive rates.
7825 Washington Ave S, Suite 120, Minneapolis, MN, 55439
Lends in Minnesota
MidCountry Bank is proactively taking action to minimize the spread of germs. Our efforts will ensure we can continue serving our customers. Branch lobbies are temporarily closed to the public until it is prudent to reopen, but our drive-thrus are open! Please use our online and mobile service.
7801 E Bush Lake Road, Suite 350, Edina, MN, 55439
Lends in Minnesota
Venture Commercial Mortgage is a full-service, commercial mortgage banking firm providing loan origination, loan servicing, and equity procurement for commercial real estate properties. In 1990, our founder Mick Thorsland took his extensive experience in commercial real estate financing and opened Venture Commercial Mortgage.
7801 East Bush Lake Road, Suite 410, Minneapolis, MN, 55439
Lends in Minnesota
At MinnTrust Mortgage LLC, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
