USDA and FHA Pro and Con in St.-Paul-Park, Washington County, MN
For 2025, the USDA loan limit in St.-Paul-Park, located in Washington county, MN is $0, whereas the FHA limit for a single-family home is $402,500.
Utilize the Lendersa® USDA loan calculator to evaluate and compare today's top USDA versus FHA rates. Determine the necessary income, credit, reserves, and documents required for qualification. Our advanced mortgage calculator provides a comprehensive comparison of USDA, FHA, Conforming, and VA options, aiding you in choosing the most suitable program in Alabama for your financial needs.
2025 Loan Limits and Down Payment Requirements in St.-Paul-Park, Washington, MN
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$402,500
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in St.-Paul-Park, MN
Lendersa® aims to quickly secure the best USDA or FHA loan with minimal hassle. Choose one among three possible starting points that connect you with matching lenders and USDA loan programs.
A USDA home loan, guaranteed by the government through the Department of Agriculture—known also as the USDA rural development loan or USDA mortgage—is only available in rural areas. Unlike FHA loans requiring at least a 3.5% down payment, the USDA mortgage loan requires no down payment.
Havana National Bank, established in 1875, is a locally owned agricultural bank situated along the Illinois River in Havana, Illinois. During our 140 plus years of service to the communities we serve, we have focused on the farming community as our mainstay. This area of west central Illinois attributes a portion of its success.
Real Community Bank, which means that when we accept your deposits, we invest that money back into this area in the form of home mortgages for your neighbors, business loans for your merchants, and education savings plans for your school children. We support our community with our donations to local schools, clubs, charitable organizations.
In December of 1914, W.R. Simpson, Byron Colburn, and S. E. Naffziger founded Goodfield State Bank in Mr. Naffziger’s country store. Patrons conducted banking business in one corner of the store until a building was completed in 1915.
Goodfield State Bank was officially incorporated in the State of Illinois in December of 1920
The First Bank of Manhattan has been providing high quality, full service personal and business banking services to Manhattan and our neighboring communities of New Lenox, Elwood, Wilmington and Wilton Center.
The bank offers a full range of deposit products such as Checking, savings, CD’s, IRA’s, children’s and teen’s accounts.
United Community Credit Union is a non-profit organization owned and operated by its members for the benefit of all who belong. Individuals living or working in the counties of Adams, Brown, Hancock, Pike, and Schuyler in Illinois and individuals living or working in Lewis, Marion, & Ralls counties in Missouri
Members First is a full service financial institution located in Quincy, IL. Liking our page gives you instant access to current events, promotions, and ready to launch products Members First is committed to the "People Helping People" philosophy, providing our community with safe, affordable, relevant financial services.
Mercantile Bank was founded by local businessmen in Quincy, Illinois in 1906 and became part of United Community Bancorp, Inc. in 2013. Today, Mercantile, as United Community Bank, continues the tradition established a century ago of serving and supporting the financial needs of individuals, families, businesses, and organizations
Central State Bank is a locally-owned community bank serving West-Central Illinois & Northeast Missouri with the latest technology, the quickest decision-making, & the simplest solutions for your personal, business, or agricultural banking needs. Central State Bank was originally chartered as Clayton State Bank in the small village of Clayton, IL.
