For this year, 2026, within St.-James, county of Watonwan, MN, the USDA loan limit is $285,000, whereas the FHA loan limit for a single-family home is $356,362.
Utilize the Lendersa® USDA loan calculator to compare today's top USDA and FHA rates. Determine the income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA options side by side, helping you select the best program in for your particular financial requirements.
2026 Loan Limits and Down Payment Requirements in St.-James, Watonwan, MN
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Considering USDA and FHA Loan Options in St.-James, MN
The objective of Lendersa® is to quickly provide you the best USDA or FHA loan options without complications. Choose from three available paths that lead to matching lenders and USDA loan programs.
The USDA home loan is secured by the governmental Department of Agriculture and is also referred to as a USDA rural development loan or USDA mortgage. It is available solely in rural neighborhoods. Unlike FHA loans that demand a minimum 3.5% down payment, USDA loans require no down payment.
First National Bank has been serving St. James and surrounding communities for over 100 years! The bank was established in 1918 with a strong commitment to delivering quality financial services to the area. First National Bank is locally owned and operated which means local decision making on loan requests.
United Prairie was founded in 1973 when James G. Sneer purchased Farmers State Bank of Mountain Lake, also the community he called home. As the years passed and the bank thrived, Mr. Sneer began acquiring other banks and insurance agency offices to build the organization now known as United Prairie
At Americana Community Bank! You’ll find that we are the bank that provides excellent, friendly, down-to-earth service while actively participating in and supporting the communities we serve. Though our name has changed over the past 100 years, our knowledge, dedication and excellent service have been constant.
SouthPoint Financial Credit Union is open to all people who live, work, worship, attend school in, have business and other legal entities located within the areas of Blue Earth, Brown, Carver, Faribault, Freeborn, Kandiyohi, Le Sueur, Lyon, Martin, McLeod, Meeker, Murray, Nicollet, Redwood, Renville, Rice, Scott, Sibley, Steele, Waseca, and Wright.
At First Security Bank, we believe it’s not only our job, but also our responsibility, to know every facet of finance. This allows us to see the larger picture and understand how each aspect affects the other. Using this broader view, we can provide sound financial advice, support and services to you – our customer and most valued asset.
Frandsen Bank & Trust is a full-service community Banking, trust and investment services organization with 37 offices located throughout Minnesota, Wisconsin, and North Dakota.
Our mission is to determine needs, develop relationships, and deliver solutions. We want to be your bridge to financial success for life.
First Financial Bank has been foundational in the community of Winnebago and surrounding area since beginning in 1870. It remains "Rooted in the Community" providing "Big Bank" services with small town service to our customers' personal, commercial, and agricultural banking needs.
The Farmers and Merchants State Bank of Alpha is a full service locally owned family bank. The Farmers and Merchants State Bank is proud to offer the services of a modern financial institution while maintaining the integrity of a community bank where decisions are made locally. and also The mission of the Farmers and Merchants State Bank of Alpha i
Jackson Federal is here to serve our local community and meet all their financial needs. We offer a full range of products and services to consumers and small businesses. Our goal is to blend ""personalized service"" with technology and make you our customer. Jackson Federal Savings & Loan Association was chartered in 1892.
