FHA Vs. USDA loan program for Sioux-Falls, Minnehaha County, South Dakota

In 2026, the USDA loan ceiling in Sioux-Falls, within Minnehaha county, SD, is $285,000, whereas the FHA limit for a single-family home is $356,362.

Utilize the Lendersa® USDA loan calculator to compare the best USDA versus FHA rates of today. Determine the income, credit, reserves, and documents needed for qualification. With our advanced mortgage calculator, you can see USDA, FHA, Conforming, and VA loans side by side, assisting you in selecting the right program for your particular financial situation, especially in .

USDA and FHA Loan Options in Sioux-Falls, SD

Lendersa® aims to secure the best USDA or FHA loan for you quickly and without hassle. Choose from three starting points to find matching lenders and USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in SD

A USDA home loan, guaranteed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is available exclusively in rural areas. Unlike FHA loans that require a minimum 3.5% down payment, USDA mortgages do not require any down payment.

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(605) 271-9778 Lender's profile and map Reviews PLAINS COMMERCE BANK 3905 West 49th Street, Sioux Falls, SD, 57106 Plains Commerce Bank's sole purpose of operation is to provide their customers with quality service and products, by linking the values of the past with the ideas and technology of the future. Getting its start in rural South Dakota over eighty years ago, Plains Commerce Bank has built a solid foundation.
(712) 472-2537 Lender's profile and map Reviews Frontier Bank 301 1st Ave, Rock Rapids, IA, 51246 Frontier Bank is a locally owned, community-minded independent bank. We've been dedicated to serving individuals and businesses with the highest degree of care, confidentiality and convenience since starting in Rock Rapids, Iowa in 1932. At Frontier Bank we always treat you like a BIG DEAL.
(605) 563-2207 Lender's profile and map Reviews One American Bank 549 Broadway, Centerville, SD, 57014 ONE AMERICAN BANK is an extremely well capitalized financial institution embracing technology with new products and services, as well as online and mobile banking. These technological advancements will enhance and simplify the way you conduct your financial business whether online or in-branch.
(605) 256-8145 Lender's profile and map Reviews East River Federal Credit Union 220 S Harth Avenueq, Madison, SD, 57042 East River Federal Credit Union was founded in October 1956 through the vision of several early members who pooled their resources to create a credit union. Today, we are a healthy, growing, stable financial institution committed to the success and financial well-being of our members and our community.
(712) 722-0100 Lender's profile and map Reviews Peoples Bank 1701 S Main Ave, Sioux Center, IA, 51250 Peoples Bank is a locally owned, full service community bank that serves Northwest Iowa and Southwest Minnesota. With offices in Rock Valley, Lester, Sioux Center, Akron, Sheldon, Hawarden, Hinton, Sioux City, IA, and Jasper, MN, we are equipped to serve our customers in their very own community.
(712) 722-4846 Lender's profile and map Reviews American State Bank 525 N Main Ave, Sioux Center, IA, 51250 At American State Bank, we are committed to the accomplishment of our mission, adherence to our values, and the belief that employees are our number one resource. We expect all employees to support and commit to our values and behavioral expectations. We currently have 9 locations, Sioux Center Downtown Campus, Alton, Alvord, Granville, Hospers.
(712) 724-6326 Lender's profile and map Reviews Ashton State Bank 317 Third Street, Ashton, IA, 51232 Ashton State Bank's product line and service culture is unrivaled in banking today. We take a great interest in providing you with cutting-edge products and services. We take the time to find out how we might better service all your financial needs We are proud to be a small-town community bank.
(605) 542-2681 Lender's profile and map Reviews BankStar Financial 124 Elk Street, Elkton, SD, 57026 BankStar Financial has been sharing bright moments for quite some time with Brookings, Elkton, and Volga as one of the first community banks to take root in the county. While we're ready to help individuals and businesses achieve their largest goals, it's the everyday moments we share with our customers, employees
(605) 449-4261 Lender's profile and map Reviews The Security State Bank 117 N Third St, Emery, SD, 57332 The Security State Bank is located in Emery, SD, United States and is part of the Depository Credit Intermediation Industry. The Security State Bank has 12 total employees across all of its locations and generates $1.41 million in sales (USD). There are 2 companies in the The Security State Bank corporate family.
(507) 376-9747 Lender's profile and map Reviews FIRST STATE BANK SOUTHWEST 1433 Oxford Street, Worthington, MN, 56187 At First State Bank Southwest, we are truly a community bank and are very proud of that fact. With ownership and directors residing in the area, we can make decisions very rapidly and can be flexible and sensitive to the needs of our customers. The First State Bank Southwest was chartered in 1903 and now has offices in six locations to help.
(712) 533-6441 Lender's profile and map Reviews Iowa State Bank 240 Linn Street, Brunsville, IA, 51008 Iowa State Bank is a full service bank with locations in Hull, Ireton, Orange City, Paullina, Remsen, Sanborn, and Sheldon, Iowa. Iowa State Bank presents this page to you through Facebook. Facebook is owned by a third party not affiliated with ISB, and ISB is not responsible for Facebook’s privacy or security policies.