USDA Loan Vs. FHA loan pro & con Waconia, Carver County, MN

In 2025, the USDA loan limit for a single-family home in Waconia, county of Carver, MN, is $358,800, whereas the FHA loan maximum is $515,200.

Utilize the Lendersa® USDA loan calculator to examine today’s top rates for USDA and FHA loans, assessing income, credit score, reserves, and required documents for qualification. Our sophisticated mortgage calculator displays USDA, FHA, Conforming, and VA options side by side to aid you in selecting the best program for your financial conditions in .

Discovering USDA and FHA Loan Options in Waconia, MN

At Lendersa®, our mission is to efficiently secure the optimal USDA or FHA loan tailored for you, free from hassle. Start your process by selecting one of three entry points, each designed to connect you with lenders and USDA programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in MN

A USDA home loan is supported by the government's Department of Agriculture and is also known as a USDA rural development loan. Available solely in rural areas, this type of loan offers a valuable alternative to FHA loans, which require a minimum down payment of 3.5%. USDA loans eliminate this requirement, making them an appealing option for qualified individuals.

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(217) 632-3241 Lender's profile and map Reviews Alliance Community Bank 321 N. Sixth Street, Petersburg, IL, 62675 Alliance Community Bank is a $325 million financial institution operating four full service bank locations in Menard and Sangamon Counties. Trust services as well as the non-insured ACB Wealth Management division compliment the full array of traditional FDIC insured banking products offered through the bank.
(402) 225-3381 Lender's profile and map Reviews Commercial Bank Nelson 401 South Main, Nelson, NE, 68961 In April of 1894 The Commercial Bank opened for business in the Opera House located where the REA building now stands. Henry Wehrman, F.W. Lawson, Robert Greenwood and Henry Fox,Jr. signed the articles of incorporation. The Officers elected were Henry Wehrman, President; F.W. Lawson, Vice President; and R.M. Gourley, Cashier.
(888) 897-2276 Lender's profile and map Reviews Heartland Bank and Trust Company 401 N. Hershey Road, Bloomington, IL, 61702 Heartland Bank We're a community bank whose roots are right here in the heartland with the Drake family. The Drakes, who came to Central Illinois in 1852, have been in banking since 1920. With the third generation of the family taking an active role in the banking business, we continue this tradition.Fast, efficient service is important.
(714) 289-0047 Lender's profile and map Reviews Mulberry Street Mortgage 19 North Water Street, Liberty, MO, 64068 Mulberry Street Mortgage, a dedicated professional will thoroughly evaluate your financial needs to help you qualify for a low rate mortgage that works within your budget. Our goal is to get you the most favorable rate possible while working to answer your questions, and make the application process a simple and smooth transition
(816) 795-8500 Lender's profile and map Reviews Midwest Capital Mortgage, Inc. 1201 Landmark Ave, Suite 3, Liberty, MO, 64068 At Midwest Capital Mortgage, Inc. We are a full-service mortgage company based in Liberty, Missouri. We specialize in mortgages in Liberty, Kansas City, Overland Park, and Lenexa. We also serve the surrounding cities in Clay County, Platte County, Johnson County, and Jackson County.
(913) 381-5400 Lender's profile and map Reviews Capitol Federal Savings Bank 8781 N. Ambassador Drive, Kansas City, MO, 64154 For more than 125 years, Capitol Federal® has implemented our True Blue® philosophy of Safety in Savings, Sound Lending Policies, Quality Customer Service and Commitment to Community. These traditions have created the values we honor today, and will help shape our tomorrow. CapFed® employees are True Blue and take pride in their work
(816) 777-3999 Lender's profile and map Reviews Community Mortgage 7509 Tiffany Springs Parkway, Suite 101, Kansas City, MO, 64153 Our mission is to make the loan process as simple as possible. Regardless of your financial and/or credit situation, we will find the best mortgage solution to fit your lifestyle. We specialize in home purchase and refinance transactions and can provide assistance for FHA, VA, USDA, Conventional, and Home Improvement financing.
(913) 208-5837 Lender's profile and map Reviews Metropolitan Mortgage Corporation 7280 NW 87th Terrace Suite 200, Kansas City, MO, 64153 We are a locally owned and operated company, with employees that value honesty, integrity, and service. We have funded over 2 Billion in home loans and helped over 10,000 families in Kansas and Missouri finance the home of their dreams since 1996 and we love what we do. We know to finance a home
(309) 557-2541 Lender's profile and map Reviews IAA Credit Union 808 IAA Drive, Bloomington, IL, 61701 The IAA Credit Union was formed in 1951 to serve the financial needs of the employees of the IAA Family of Companies. Through the years, our field of membership has been expanded to include the members of Illinois Farm Bureau, COUNTRY Financial policyholders, GROWMARK patrons, and other small employee groups.
(309) 827-7266 Lender's profile and map Reviews Bloomington Municipal Credit Union 602 S Gridley Street, Bloomington, IL, 61701 Bloomington Municipal Credit Union was started by City of Bloomington employees in January 1953. In August 1975, membership was extended to McLean County employees and other municipalities. The original office was located in a desk drawer at City Hall. Then the City of Bloomington provided office space at 401 S East Street
(217) 833-2329 Lender's profile and map Reviews Farmers National Bank of Griggsville 108 W Quincy, Griggsville, IL, 62340 Plans to form the Farmers National Bank of Griggsville began in May of 1942 by a group of local business men and citizens. Stock was solicited and by October 1942 $40, 000.00 was sold. An application for the charter was granted in December of 1942. On February 13, 1943 the doors of the new bank were opened.
(309) 662-0411 Lender's profile and map Reviews First State Bank of Bloomington 204 North Prospect Road, Bloomington, IL, 61704 First State Bank of Bloomington is unique because we’re 100% employee-owned. If that sounds uncommon, it’s because our ownership structure is extremely rare. In fact, industry analysts have estimated that fewer than 10 banks across the country have a similar structure to ours.We have the attitude & the commitment to make you financially successful.