USDA and FHA Pro and Con in Shakopee, Scott County, MN
As of 2025, 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.
2025 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.
3458 Ellicott Center Drive, Suite 106, Ellicott City, MD, 21043
In 2011, the HCTA Federal Credit Union petitioned NCUA to expand our charter from a Single Common Bond Charter to a Multiple Common Bond Charter. This allows us to offer membership to other entities in Howard County who are in some way affiliated with schools. Our first new membership group was the High School Students of HCPSS, beginning 2012.
Our mission is to serve our customers with honesty, integrity, and transparency. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
5397 Twin Knolls Road, Suite 13, Columbia, MD, 21045
For over 25 years, Rock Vaughan's focus in the mortgage industry has been to make sure that every customer has the best experience possible and walks away satisfied with their choices. Whether you are a first time home buyer or seasoned real estate expert, you will be treated with Rock Vaughan's utmost care and concern.
Nick Hoffner is the founder of Leading Home Mortgage LLC, a licensed mortgage company providing residential mortgages to customers purchasing or refinancing a home in Maryland. Nick has been in the mortgage business since 2006 and has helped more than a thousand people purchase or refinance their homes over the past 14 years.
8850 Columbia 100 Parkway, Suite 215, Columbia, MD, 21045
APEX Mortgage LLC team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs
At 1 Percent Down Mortgages, our mission is to set a high standard in the loan industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the loan process, so that you can confidently select the best loan for you
3059 Mount Pleasant Street NW, Washington, DC, 20009
DC Credit Union We're a community development financial institution, serving over 10, 000 member-owners' with affordable financial transactions and education. We have three branches: the Reeves Center, the Municipal branch, and the ACCESO branch. Check out our website for more details on locations, hours, and services
We are proud of our expanded 75 year history with the merger with Broadway Federal Bank. Our founders in Los Angeles and Washington, DC were local leaders who saw a need in the community for a bank that addressed the lack of access to capital for historically excluded and disinvested urban majority minority communities.
Bank of York was founded on April 11, 1935, and we're proud to be a part of the history of York County. That's a long time of serving our community. We're proud of all the stories of people who have joined with Bank of York over the years to build stable livelihoods and raise their families.
Founded in 1999, Wasatch Mortgage Solutions is a mortgage lender in Logan, Utah. We're licensed to do home loans in all of Utah and Idaho, even though we call Cache Valley home and As a mortgage lender, we offer a wide variety of home loan programs including Conventional, FHA, VA, USDA, and Portfolio home loans
