USDA Vs. FHA Pro and Con comparison in Watertown, Carver County, MN
In the year 2025, the USDA loan cap for Watertown in Carver, MN is defined as $358,800, while the FHA limit for a single-family home amounts to $515,200.
With the Lendersa® USDA loan calculator, you can compare the best USDA and FHA rates available today, determining the necessary income, credit, and reserves required to qualify. Our sophisticated mortgage calculator enables a side-by-side view of USDA, FHA, Conforming, and VA programs, assisting you in finding the ideal option in for your financial needs.
2025 Loan Limits and Downpayment Requirements in Watertown, Carver, MN
Loan Type
Loan Limit
Down Payment
USDA
$358,800
0%
FHA
$515,200
3.5%
Conventional Conforming
$726,200
3%
Explore USDA and FHA Loan Options in Watertown, MN
Lendersa® aims to quickly secure you the best USDA or FHA loan with minimal hassle. Choose one of three starting points that lead to matching lenders and available USDA loan programs.
A USDA home loan, endorsed by the government's Department of Agriculture and known as a USDA rural development loan or USDA mortgage, is exclusively available in rural areas. Unlike FHA loans demanding at least a 3.5% down payment, USDA loans require no down payment at all.
We are not a bank. We are member–based. When you work for your members, you deliver a completely different experience. At Missouri Credit Union, our members matter and we’re committed to seeing them and their money do more. Serving central Missouri, with branches in Columbia and Jefferson City.
John H. established Homes & Loans of West Michigan in 2005. As a licensed realtor and lender, I wanted to combine mortgage and realty services to make the home buying process faster, easier and more comfortable for my customers. By combining real estate and mortgage services together, we offer a higher level of service
At The First Trust and Savings Bank, we believe that banking is personal and relationships are valued. It is important to take the time to visit with you about the many issues that affect your finances and your future. Our objective is to match you with the product and service that is right for your needs, from checking.
At Envista, banking is a personalized experience. We provide the security, competitive rates, and options you expect, delivered with exceptional service from a team who makes your needs and dreams their top priority.
Our professional team makes the following promises to each member:
We will honor the individual.
We were founded on the belief that a bank can best provide excellent, personalized service to its customers when it is rooted in the community it serves and isn't part of a giant banking conglomerate. In the modern financial world, a community bank has the capacity to deliver and meet our customer needs just as the big banks can.
Azura Credit Union was formed when Educational Credit Union and Quest Credit Union merged on May 1, 2016. Azura has over 50, 000 members and offers everything from checking and savings, to auto, personal and home loans, business services and online and mobile banking. Credit Union was formed when Educational Credit Union.
C and R Credit Union, in Clay Center, offers a variety of services, including: checking and savings accounts; loans for new and used automobiles, boats, and motorcycles; machinery loans; even loans for jet skis, recreational vehicles, campers and 4-wheelers. Christmas loans and accounts are also available.
At 9:00 P.M. on January 28th, 1946, our credit union was chartered as Manhattan CO-OP Credit Union and held its first monthly meeting of the Board of Directors. In an effort of helping even more Manhattan citizens, the credit union was moved to the university.
The credit union changed its name to College Credit Union.
Community First National Bank was newly chartered on February 1, 2001 in response to the ownership change of several locally owned banks in the Manhattan market. We spent a great deal of time and put much thought into choosing our Community First name because it represents what we are all about; Community in the sense.
