USDA Vs. FHA Pro and Con comparison in Grand-Forks, Grand Forks County, ND
In 2025, the USDA loan limit set for Grand-Forks, within the confines of Grand Forks county in ND, stands at $285,000, while the FHA limit for a single-family home is $356,362.
Utilize the Lendersa® USDA loan calculator to assess today's optimal USDA vs FHA rates, determining the required income, credit profile, reserves, and documents for eligibility. Our advanced mortgage calculator presents a side-by-side comparison of USDA, FHA, Conforming, and VA programs, assisting in choosing the ideal plan for your financial requirements in Alabama.
2025 Loan Limits and Downpayment Requirements in Grand-Forks, Grand Forks County, ND
Type of Loan
Maximum Loan
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Options for USDA and FHA Loans in Grand-Forks, ND
Lendersa® is dedicated to securing the best USDA or FHA loans efficiently and without fuss. Select from one of three starting points to connect with matched lenders and available USDA loan programs.
A USDA home loan, a government-backed option by the Department of Agriculture, also known as the USDA rural development loan or mortgage, applies exclusively to rural areas. FHA loans, conversely, require a minimum down payment of 3.5%, unlike the USDA loan which involves no down payment.
Porter Bank offers a wide variety of services designed to meet all of our customer’s needs. Our Online Banking product is a secure way to see your account balances and transactions without having to leave home. If you are away from home and want to check your banking information, our Mobile Banking product is the thing for you.
At The Mortgage Exchange LLC, our goal is to be your lender for life. As one of Northwest Indiana’s premier home loan lenders, we understand that one of the largest purchases someone will make in their life will be their home. We strive to make that process as personal as possible. We understand that every buyer is different,
United is our name and mission. We’ve been partnering with this community for more than a century to match needs with real solutions. Our banking products and services help build businesses, launch ideas, raise families and fulfill dreams. We genuinely believe in community banking.
Northpointe Bank deposits, nationwide mortgage purchasing program, and community bank fulfillment services. Our residential origination locations span the nation due to our ability to lend in all 50 states. As we continue to grow, we are proud to be recognized throughout the industry for our exceptional financial performance.
625 Kenmoor Avenue Southeast, Suite 211, Grand Rapids, MI, 49546
Northwind Financial is a direct lender for private commercial real estate transactions, and direct for residential loans too! Our primary objective is to meet our borrower's need for financing with efficiency, flexibility and professionalism - especially in challenging situations. Established in 1997
5043 Cascade Road SE, Suite A, Grand Rapids, MI, 49546
We complete a large volume of mortgage loan financing each year with many different financial institutions. At Team Mortgage Company, we treat our clients well. We have proudly built our success as a Grand Rapids mortgage lender with the philosophy that our customers always come first.
Preferred Credit Union is a full service financial institution helping to serve the needs of those who work and live in our community. As your Preferred Financial Partner, our goal is to provide great member service while helping you save time and money on the products and services you need.
625 Kenmoor Ave SE, Suite 200, Grand Rapids, MI, 49546
Red Oak Capital Holdings, LLC is a family of commercial real estate finance and investment companies that includes Red Oak Financial, LLC, Red Oak Holdings Management, LLC, and Red Oak Capital GP, LLC. The Michigan-headquartered firm is anchored on a strong team that collectively delivers over 100 years of commercial real estate lending
