USDA Vs. FHA Pro and Con comparison in Minot, Ward County, ND
For the year 2026, the USDA loan limit for Minot in the county of Ward, ND is $336,500. In contrast, the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to evaluate today's leading USDA against FHA rates. You'll determine the necessary income, credit, reserves, and required documents for qualification. Our comprehensive mortgage calculator lets you compare USDA, FHA, Conforming, and VA programs side by side, helping you decide which option in Alabama aligns best with your financial situation.
2026 Loan Limits and Downpayment Requirements in Minot, County of Ward, ND
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Minot, ND
The mission of Lendersa® is to connect you with the best USDA or FHA loans quickly and without difficulty. Start from one of three entry points to pair with lenders and USDA loan programs.
Backed by the government Department of Agriculture, a USDA home loan—also known as a USDA rural development loan or USDA mortgage—is reserved solely for rural areas. Unlike FHA loans which require a minimum 3.5% down payment, USDA mortgages do not require any down payment.
Our Mission to Serve and support our members and our community. Our Vision to Provide excellent service to our evolving members and earn lifetime loyalty. Our Values to Go above and beyond. We are always looking for ways to do more, be better, and go further: including interactions with members, attention to detail, and leading in our community.
Minot Area Schools Federal Credit Union is a member owned and controlled financial organization which promotes financial responsibility, membership involvement, dedicated to service and education for our members while maintaining the credit union’s long-term financial stability..
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First National Bank of Kramer in 1906, the move was made to the County seat of Bottineau in 1931 and changed to First National Bank in Bottineau. In 1975 our name was changed to First National Bank and Trust Company of Bottineau. The building that we currently occupy was completed in 1956,
