FHA Vs. USDA loan program for Merrill, Lincoln County, Wisconsin

In the year 2026, those residing in Merrill, part of the county of Lincoln, WI, should note that the USDA loan limit is set at $336,500. Meanwhile, for a single-family home, the FHA loan limit is designated as $472,030. These figures are essential for potential homeowners considering their options.

Leverage the Lendersa® USDA loan calculator to scrutinize today's most favorable rates between USDA and FHA. This tool assists in pinpointing the necessary income, creditworthiness, reserves, and documentation required for qualification. Through our advanced mortgage calculator, you can simultaneously compare USDA, FHA, Conforming, and VA loans. This side-by-side setup helps make informed decisions about the best possible loan program in areas such as Alabama, tailored to your unique financial circumstances.

USDA and FHA Loan Alternatives in Merrill, WI

Lendersa® is committed to helping you receive the best USDA or FHA loan available, efficiently and without unnecessary effort. Choose one of three starting points that lead to the identification of matching lenders and USDA loan offerings:

Lendersa USDA loan request and matching results

Understanding the USDA Loan in WI

The USDA home loan, which is officially backed by the U.S. Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage. It is strictly offered in rural areas to support homeownership in less urbanized regions. This mortgage differs markedly from FHA loans, which mandate a minimum 3.5% down payment. In contrast, the USDA mortgage does not require any initial down payment, making it a favorable option for many aspiring homeowners.

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Merrill Lenders
(715) 536-8351 Lender's profile and map Park City Credit Union 501 S. Pine Ridge Ave., Merrill, WI, 54452 Lends in Wisconsin Park City have full-service offices in Merrill, Minocqua, Rhinelander, Tomahawk, inside Dave's County Market in Merrill, and inside Church Mutual Insurance Company in Merrill. From checking and savings to auto loans and mortgages, we offer a full range of products and services, making Park City Credit Union the only financial institution
(715) 257-9337 Lender's profile and map Athens Area Credit Union 112 Alfred Street, Athens, WI, 54411 Lends in Wisconsin Formed in May of 1959, the credit union was originally known as “Athens CO-OP Credit Union.” The first board meeting was held June 30, 1959, at the Athens Community Hall. There were 23 members. As a part of the Athens CO-OP, the credit union was established to grant loans to aid the local community with their farm supplies and equipment purchases.
(715) 261-7680 Lender's profile and map Marathon County Employees Credit Union 400 E Thomas Street, Wausau, WI, 54403 Lends in Wisconsin Marathon County Employees Credit Union, MCECU, was established on June 9, 1965. Organized by employees from North Central Health Care Facilities and Marathon County to provide a safe place for employees to borrow and save.Credit Union, MCECU, was established on June 9, 1965. Organiz We are a state chartered
(715) 842-5693 Lender's profile and map Cloverbelt Credit Union 110 McIndoe Street, Wausau, WI, 54403 Lends in Wisconsin Cloverbelt Credit Union was originally organized by local farmers who found it difficult to obtain financial support elsewhere. Needing an outlet through which they could borrow money as well as a savings headquarters, the credit union was born. CCU’s Articles of Incorporation were signed on October 23, 1935
(715) 675-8296 Lender's profile and map M.E. Employees Credit Union 111 E Randolph Street, Wausau, WI, 54401 Lends in Wisconsin M.E. Employees Credit Union serves more than 1500 members. We are governed by a Board of Directors composed entirely of MEECU members whom are elected by the membership. We are a member-owned not-for-profit financial institution striving to bring financial health to all our members.
(800) 845-5025 Lender's profile and map Connexus Credit Union 1 Corporate Drive, Suite 700, Wausau, WI, 54401 Lends in Wisconsin Serving members across all 50 states, Connexus Credit Union is a member-focused cooperative that is proud to return profits to member-owners through high yields for checking accounts and deposit products, as well as competitive rates for personal, home, and auto loans. Members benefit from a multi-channel service
(715) 842-2191 Lender's profile and map Peoples State Bank 1905 Stewart Ave, Wausau, WI, 54401 Lends in Wisconsin Peoples State Bank opened its doors in 1962 as an independent bank dedicated to customer satisfaction. Quality service was the vision of the 15 original founders. All types of businesses, small and large were attracted to this type of bank where profits were reinvested in the community it served.
(715) 845-5522 Lender's profile and map IncredibleBank 327 N 17th Ave, Wausau, WI, 54401 Lends in Wisconsin Our mission is to grow our customers' entire financial relationship, and we believe that starts by providing incredible customer experiences in every aspect of your Banking relationship. Whether you are a young family looking for your first home or an experienced business owner expanding operations.
(715) 453-2144 Lender's profile and map Tomahawk Community Bank S.S.B. 15 East Wisconsin Avenue, Tomahawk, WI, 54487 Lends in Wisconsin Tomahawk Community Bank, SSB, was formed as Tomahawk Building and Loan on March 29, 1920. In 1960 the name changed to Tomahawk Savings and Loan and was chartered as a mutual state thrift institution. In 1993, to better accommodate our customers, we changed our charter making us a state savings bank