What are FHA Loan Limits in Minnesota?

FHA loans are a low down payment mortgage program and Minnesota FHA loan limits are connected to local home values. Search the charts below to determine the maximum mortgage amount allowed for your county. FHA loan limits in Minnesota are set at the floor amount of $275,665 across almost the entire state.

Minnesota FHA Loan Limits Search:

County Name
Area
1-Unit
2-Unit
3-Unit
4-Unit
AITKINNON-METRO$331,760$424,800$513,450$638,100
ANOKAMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
BECKERNON-METRO$331,760$424,800$513,450$638,100
BELTRAMIBEMIDJI, MN$331,760$424,800$513,450$638,100
BENTONST. CLOUD, MN$331,760$424,800$513,450$638,100
BIG STONENON-METRO$331,760$424,800$513,450$638,100
BLUE EARTHMANKATO, MN$331,760$424,800$513,450$638,100
BROWNNEW ULM, MN$331,760$424,800$513,450$638,100
CARLTONDULUTH, MN-WI$331,760$424,800$513,450$638,100
CARVERMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
CASSBRAINERD, MN$331,760$424,800$513,450$638,100
CHIPPEWANON-METRO$331,760$424,800$513,450$638,100
CHISAGOMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
CLAYFARGO, ND-MN$331,760$424,800$513,450$638,100
CLEARWATERNON-METRO$331,760$424,800$513,450$638,100
COOKNON-METRO$331,760$424,800$513,450$638,100
COTTONWOODNON-METRO$331,760$424,800$513,450$638,100
CROW WINGBRAINERD, MN$331,760$424,800$513,450$638,100
DAKOTAMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
DODGEROCHESTER, MN$331,760$424,800$513,450$638,100
DOUGLASALEXANDRIA, MN$331,760$424,800$513,450$638,100
FARIBAULTNON-METRO$331,760$424,800$513,450$638,100
FILLMOREROCHESTER, MN$331,760$424,800$513,450$638,100
FREEBORNALBERT LEA, MN$331,760$424,800$513,450$638,100
GOODHUERED WING, MN$331,760$424,800$513,450$638,100
GRANTNON-METRO$331,760$424,800$513,450$638,100
HENNEPINMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
HOUSTONLA CROSSE-ONALASKA, WI-MN$331,760$424,800$513,450$638,100
HUBBARDNON-METRO$331,760$424,800$513,450$638,100
ISANTIMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
ITASCAGRAND RAPIDS, MN$331,760$424,800$513,450$638,100
JACKSONNON-METRO$331,760$424,800$513,450$638,100
KANABECNON-METRO$331,760$424,800$513,450$638,100
KANDIYOHIWILLMAR, MN$331,760$424,800$513,450$638,100
KITTSONNON-METRO$331,760$424,800$513,450$638,100
KOOCHICHINGNON-METRO$331,760$424,800$513,450$638,100
LAC QUI PARLENON-METRO$331,760$424,800$513,450$638,100
LAKEDULUTH, MN-WI$331,760$424,800$513,450$638,100
LAKE OF THE WOONON-METRO$331,760$424,800$513,450$638,100
LE SUEURMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
LINCOLNNON-METRO$331,760$424,800$513,450$638,100
LYONMARSHALL, MN$331,760$424,800$513,450$638,100
MAHNOMENNON-METRO$331,760$424,800$513,450$638,100
MARSHALLNON-METRO$331,760$424,800$513,450$638,100
MARTINFAIRMONT, MN$331,760$424,800$513,450$638,100
MCLEODHUTCHINSON, MN$331,760$424,800$513,450$638,100
MEEKERNON-METRO$331,760$424,800$513,450$638,100
MILLE LACSMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
MORRISONNON-METRO$331,760$424,800$513,450$638,100
MOWERAUSTIN, MN$331,760$424,800$513,450$638,100
MURRAYNON-METRO$331,760$424,800$513,450$638,100
NICOLLETMANKATO, MN$331,760$424,800$513,450$638,100
NOBLESWORTHINGTON, MN$331,760$424,800$513,450$638,100
NORMANNON-METRO$331,760$424,800$513,450$638,100
OLMSTEDROCHESTER, MN$331,760$424,800$513,450$638,100
OTTER TAILFERGUS FALLS, MN$331,760$424,800$513,450$638,100
PENNINGTONNON-METRO$331,760$424,800$513,450$638,100
PINENON-METRO$331,760$424,800$513,450$638,100
PIPESTONENON-METRO$331,760$424,800$513,450$638,100
POLKGRAND FORKS, ND-MN$331,760$424,800$513,450$638,100
POPENON-METRO$331,760$424,800$513,450$638,100
RAMSEYMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
RED LAKENON-METRO$331,760$424,800$513,450$638,100
REDWOODNON-METRO$331,760$424,800$513,450$638,100
RENVILLENON-METRO$331,760$424,800$513,450$638,100
RICEFARIBAULT-NORTHFIELD, MN$331,760$424,800$513,450$638,100
ROCKNON-METRO$331,760$424,800$513,450$638,100
ROSEAUNON-METRO$331,760$424,800$513,450$638,100
SCOTTMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
SHERBURNEMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
SIBLEYNON-METRO$331,760$424,800$513,450$638,100
ST. LOUISDULUTH, MN-WI$331,760$424,800$513,450$638,100
STEARNSST. CLOUD, MN$331,760$424,800$513,450$638,100
STEELEOWATONNA, MN$331,760$424,800$513,450$638,100
STEVENSNON-METRO$331,760$424,800$513,450$638,100
SWIFTNON-METRO$331,760$424,800$513,450$638,100
TODDNON-METRO$331,760$424,800$513,450$638,100
TRAVERSENON-METRO$331,760$424,800$513,450$638,100
WABASHAROCHESTER, MN$331,760$424,800$513,450$638,100
WADENANON-METRO$331,760$424,800$513,450$638,100
WASECANON-METRO$331,760$424,800$513,450$638,100
WASHINGTONMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
WATONWANNON-METRO$331,760$424,800$513,450$638,100
WILKINWAHPETON, ND-MN$331,760$424,800$513,450$638,100
WINONAWINONA, MN$331,760$424,800$513,450$638,100
WRIGHTMINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI$382,950$490,250$592,600$736,450
YELLOW MEDICINENON-METRO$331,760$424,800$513,450$638,100

Minnesota FHA loan limits can change at any time. Check back often to ensure information is accurate.

How are Minnesota FHA Limits Set?

Minnesota FHA Loan LimitsMortgage limits for Minnesota FHA loans are based on median housing prices for the particular Metropolitan Statistical Area (MSA) and county. More specifically, “Median Sale Price” for area homes in each county or MSA is considered the determining factor. National FHA mortgage limits for low costs areas are set at 65 percent of the national conventional conforming loan limit. FHA loan limits are updated yearly.

Minnesota FHA Loan-to-Value Limits (LTV)

  • Purchase Loans –  The mortgage loan-to-value limit in MN is 96.5% of the lower of the purchase price or the appraised value of the home.
  • Refinance Loans – The refinance loan-to-value limit in MN is 97.75% of the lower of the appraised property value, or the mortgage amount plus closing costs. If you’re refinancing and taking cash out from equity, the loan limit will be limited to 85% of the appraised home value.

Minnesota FHA loan limits are set above the nationwide floor in areas surrounding Minneapolis, Saint Paul, and Bloomington. You may also want to view these additional FHA loan resources before deciding on a mortgage loan:

More FHA Loan Resources

 

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