USDA Loan Vs. FHA loan for Box-Elder, SD [Pennington County ]

In the year 2026, the USDA loan limit in Box-Elder, situated in the county of Pennington, SD, is $285,000. Conversely, the FHA loan cap for a single-family home is $356,362.

Employ the Lendersa® USDA loan calculator to evaluate the current best rates between USDA and FHA loans. This tool will help you determine the income, credit score, reserves, and necessary documentation required for qualification. Our advanced mortgage calculator allows you to compare USDA, FHA, Conforming, and VA programs side by side, aiding you in choosing the best fit for your financial scenario in .

Options for USDA and FHA Loans in Box-Elder, SD

The primary objective of Lendersa® is to swiftly deliver the best USDA or FHA loans without hassle. Choose one of the three initial steps to match with lenders and explore USDA loan options effectively.

Lendersa USDA loan request and matching results

Understanding USDA Loans in SD

The USDA home loan, also known as the USDA rural development loan or USDA mortgage, is guaranteed by the U.S. Department of Agriculture and is available solely in rural communities. In comparison to FHA loans, which require a minimum down payment of 3.5%, the USDA mortgage requires no down payment at all.

Utilizing Lendersa®’s cutting-edge mortgage calculator, borrowers can evaluate loan limits and corresponding downpayment requirements for USDA, FHA, and conventional loans side by side. This comprehensive analysis facilitates informed decision-making to select the most suitable program in the county of Pennington. Whether evaluating by loan amount or downpayment criteria, Lendersa® ensures clarity and guidance throughout the lending process, equipping you for a streamlined, hassle-free application journey.

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Box-Elder Lenders
(605) 791-1424 Lender's profile and map Dacotah Federal Credit Union 2990 E Highway 44, Rapid City, SD, 57703 Lends in South Dakota Since its inception in 1950 the Dacotah Federal Credit Union has been serving its members in the Rapid City, South Dakota area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages.
(605) 342-9451 Lender's profile and map Rushmore Electric Federal Credit Union 1715 Cambell Street, Rapid City, SD, 57701 Lends in South Dakota Rushmore Electric Federal Credit Union was formed to assist employees and directors of rural electric cooperatives with their financial needs and planning in September 1964. Credit Unions are non-profit financial cooperatives and member-owned, just like rural electric cooperatives.
(605) 341-1203 Lender's profile and map First Western Federal Savings Bank 402 Main St, Rapid City, SD, 57701 Lends in South Dakota At First Western Federal Savings Bank, you’ll find an honesty from our non-recourse lenders that you won’t find anywhere else. We take extraordinary pride in providing simple, straightforward answers to your very important questions about buying investment real- estate. As a portfolio lender for over 30 years.
(605) 342-7776 Lender's profile and map Med 5 Federal Credit Union 4956 5th Street, Rapid City, SD, 57701 Lends in South Dakota We strive to create a high-performance credit union committed to offering our members a competitive advantage on products and service compared to traditional lenders and big banks. Through our commitment to become our members’ primary financial institution, we shall consistently and constantly strive to assist members to attain their personal
(800) 672-6365 Lender's profile and map Highmark Federal Credit Union 725 5th St, Rapid City, SD, 57701 Lends in South Dakota Highmark Federal Credit Union is Rapid City’s first credit union. Originally chartered as Rapid City Teacher’s Federal Credit Union in 1940, we are a member-owned, not-for- profit financial cooperative with six locations serving anyone located across 11 counties in Western South Dakota and Eastern Wyoming.
(605) 718-1818 Lender's profile and map Black Hills Federal Credit Union 200 Main Street, Rapid City, SD, 57701 Lends in South Dakota BHFCU has been a part of buying thousands of first cars and starter homes. We've helped hundreds go to school or back to school. Our credit cards and debit cards have bought a lot of birthday presents and groceries. We've believed in small businesses when they were little more than an idea.
(605) 646-2800 Lender's profile and map Unify Home Lending 2101 Mt. Rushmore Rd, Suite 300, Rapid City, SD, 57701 Lends in South Dakota We are the Midwest's newest Mortgage Lender! Backed by tremendously experienced, ethical, and hardworking individuals; we have over 100 years combined experience and knowledge in the mortgage industry. In a day where it seems everyone is franchising or net branching, we are breaking out of the mold to provide better service.
(605) 391-8777 Lender's profile and map OMNI HOME FINANCING LLC 1508 Mt Rushmore Road, Rapid City, SD, 57701 Lends in South Dakota Omni Home Financing in 2003, and is a leader in the Black Hills mortgage marketplace. A locally owned, boutique mortgage broker serving over 3,000 clients and over $493,000,000 funded, Omni has a great reputation for smooth, on-time, no surprises closings with the best terms, and also Black Hills marketplace in wholesale mortgage lending.
(605) 484-3591 Lender's profile and map HERITAGE HOME LENDING 2209 Mount Rushmore Rd, Suite 1, Rapid City, SD, 57701 Lends in South Dakota Heritage Home Lending is a Mortgage Brokerage founded in Rapid City, SD. The goal is your peace of mind. The goal is to earn your trust and exceed your expectations. Jesse Herrington and Brady MacIver are two very experienced loan officers that will be working diligently on your behalf.