USDA Vs. FHA Pro and Con comparison in Minot-AFB, Ward County, ND
In 2026, 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.
2026 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.
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.
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..
Affinity First Federal Credit Union is a cooperative financial institution that is owned and operated by its members. The scope of activities of Affinity First is defined in its bylaws and is governed by the Federal Credit Union Act.Credit Union is a cooperative financial institution that is owned and operated by its members.
First Western Bank & Trust strives to be the premier bank and financial service provider in the communities we serve by building strong customer relationships, providing great customer service, offering diverse financial products and maintaining knowledgeable, friendly professional employees.
Town & Country is a growing credit union with a fun, fast-paced, and member-focused culture. We have locations in Minot, Fargo, West Fargo, Kenmare and Stanley, North Dakota. We believe in continual growth for our credit union and our employees. That’s why we’re proud to promote from within and help our employees build their careers
Peoples State Bank has been providing ag and commercial lending services for over 100 years. Based in Velva, the bank expanded to include a branch in Minot in 2009. The team at Peoples State Bank is committed to helping those in our communities succeed. We’re local and we want our communities to grow as much as you do. With everything from checking
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,
TruCommunity Bank would become the name of Farmers Security Bank, Garrison State Bank & Trust, and Bank of Turtle Lake. TruCommunity Bank will remain at the heart of our communities and is very dedicated to being the great local banks you know and love. Visit one of our 4 locations in Garrison, Max, Turtle Lake, and Washburn.
In 1952, Liberty State Bank opened its doors as a North Dakota owned full-service bank. Our full-service community bank offers a broad range of commercial and consumer banking services. Local ownership means efficient, effective decision making and advice to help our individual and business customers grow and succeed.
