USDA Vs. FHA Pro and Con comparison in Minot-AFB, Ward County, ND

In 2025, the USDA loan limit for Minot-AFB, Ward, ND, is $285,000, while the FHA limit for a single-family home is $356,362.

Utilize the Lendersa® USDA loan calculator to evaluate today's top USDA vs. FHA rates, pinpointing necessary income, credit, reserves, and documents needed for qualification. With our advanced mortgage calculator, you can compare USDA, FHA, Conforming, and VA programs side by side, assisting you in selecting the best option for your financial situation in Alabama.

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2025 Loan Limits and Downpayment Requirements in Minot-AFB, Ward, ND

Loan Type Loan Limit Down Payment
USDA $285,000 0%
FHA $356,362 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Options in Minot-AFB, ND

Lendersa® is dedicated to swiftly finding you the best USDA or FHA loans without any hassle. Select one of three starting paths that align with matching lenders and USDA loan programs.

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What is a USDA Loan in ND?

A USDA home loan, guaranteed by the Department of Agriculture, also referred to as a USDA rural development loan or USDA mortgage, is intended for rural areas only. Unlike FHA loans that require a minimum down payment of 3.5%, USDA loans involve no down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



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