Minnesota 2024 FHA Loan Limits

Last Updated: Tue, January 2, 2024

Loan Limits in Minnesota

Minnesota has 87 counties with FHA Limits ranging from a low of $498,257 for a 1-bedroom unit in Aitkin County to a high of $990,800 for a 4-bedroom unit in Anoka County.

For more details about the loan limits (including FHA Limits, HECM Limits, and Fannie Mae & Freddie Mac loan limits) in any of Minnesota's counties, choose the county from the interactive map or the list below.

Lowest Loan Limit ($958,350) †

Highest Loan Limit ($990,800)

† Lowest limit for homes with four living-units. There are lower limits for homes with fewer living-units.

Loan Limits by County in Minnesota (87 counties)

County	Single Unit Limit (lowest)	Four-Plex Limit (highest)
Aitkin County	$498,257	$958,350	view details »
Anoka County	$515,200	$990,800	view details »
Becker County	$498,257	$958,350	view details »
Beltrami County	$498,257	$958,350	view details »
Benton County	$498,257	$958,350	view details »
Big Stone County	$498,257	$958,350	view details »
Blue Earth County	$498,257	$958,350	view details »
Brown County	$498,257	$958,350	view details »
Carlton County	$498,257	$958,350	view details »
Carver County	$515,200	$990,800	view details »
Cass County	$498,257	$958,350	view details »
Chippewa County	$498,257	$958,350	view details »
Chisago County	$515,200	$990,800	view details »
Clay County	$498,257	$958,350	view details »
Clearwater County	$498,257	$958,350	view details »
Cook County	$498,257	$958,350	view details »
Cottonwood County	$498,257	$958,350	view details »
Crow Wing County	$498,257	$958,350	view details »
Dakota County	$515,200	$990,800	view details »
Dodge County	$498,257	$958,350	view details »
Douglas County	$498,257	$958,350	view details »
Faribault County	$498,257	$958,350	view details »
Fillmore County	$498,257	$958,350	view details »
Freeborn County	$498,257	$958,350	view details »
Goodhue County	$498,257	$958,350	view details »
Grant County	$498,257	$958,350	view details »
Hennepin County	$515,200	$990,800	view details »
Houston County	$498,257	$958,350	view details »
Hubbard County	$498,257	$958,350	view details »
Isanti County	$515,200	$990,800	view details »
Itasca County	$498,257	$958,350	view details »
Jackson County	$498,257	$958,350	view details »
Kanabec County	$498,257	$958,350	view details »
Kandiyohi County	$498,257	$958,350	view details »
Kittson County	$498,257	$958,350	view details »
Koochiching County	$498,257	$958,350	view details »
Lac Qui Parle County	$498,257	$958,350	view details »
Lake County	$498,257	$958,350	view details »
Lake Of The Woods County	$498,257	$958,350	view details »
Le Sueur County	$515,200	$990,800	view details »
Lincoln County	$498,257	$958,350	view details »
Lyon County	$498,257	$958,350	view details »
Mcleod County	$498,257	$958,350	view details »
Mahnomen County	$498,257	$958,350	view details »
Marshall County	$498,257	$958,350	view details »
Martin County	$498,257	$958,350	view details »
Meeker County	$498,257	$958,350	view details »
Mille Lacs County	$515,200	$990,800	view details »
Morrison County	$498,257	$958,350	view details »
Mower County	$498,257	$958,350	view details »
Murray County	$498,257	$958,350	view details »
Nicollet County	$498,257	$958,350	view details »
Nobles County	$498,257	$958,350	view details »
Norman County	$498,257	$958,350	view details »
Olmsted County	$498,257	$958,350	view details »
Otter Tail County	$498,257	$958,350	view details »
Pennington County	$498,257	$958,350	view details »
Pine County	$498,257	$958,350	view details »
Pipestone County	$498,257	$958,350	view details »
Polk County	$498,257	$958,350	view details »
Pope County	$498,257	$958,350	view details »
Ramsey County	$515,200	$990,800	view details »
Red Lake County	$498,257	$958,350	view details »
Redwood County	$498,257	$958,350	view details »
Renville County	$498,257	$958,350	view details »
Rice County	$498,257	$958,350	view details »
Rock County	$498,257	$958,350	view details »
Roseau County	$498,257	$958,350	view details »
St. Louis County	$498,257	$958,350	view details »
Scott County	$515,200	$990,800	view details »
Sherburne County	$515,200	$990,800	view details »
Sibley County	$498,257	$958,350	view details »
Stearns County	$498,257	$958,350	view details »
Steele County	$498,257	$958,350	view details »
Stevens County	$498,257	$958,350	view details »
Swift County	$498,257	$958,350	view details »
Todd County	$498,257	$958,350	view details »
Traverse County	$498,257	$958,350	view details »
Wabasha County	$498,257	$958,350	view details »
Wadena County	$498,257	$958,350	view details »
Waseca County	$498,257	$958,350	view details »
Washington County	$515,200	$990,800	view details »
Watonwan County	$498,257	$958,350	view details »
Wilkin County	$498,257	$958,350	view details »
Winona County	$498,257	$958,350	view details »
Wright County	$515,200	$990,800	view details »
Yellow Medicine County	$498,257	$958,350	view details »

How to qualify for an FHA Loan in Minnesota?

To qualify for an FHA loan in Minnesota, your home loan must be below the local FHA loan limits in your area. For 2024, the maximum loan limit in Minnesota is $498,257 for a single-family home and $990,800 for a four-plex. Limits varies by county. The minimum loan limit is $5,000.

Loan limits vary by county and home size. In addition to loan limits, to qualify for an FHA loan you must live in the home as your primary residence. If you're purchasing a multi-family home, the monthly Fair Market Rent (FMR) for the property must exceed 1% of the purchase price. FHA loans cannot be used for commercial real estate investment purposes or "flipping" homes in Minnesota. Additional restricts apply. Click on the Minnesota map above or the table below to see loan limits in your area.

Minnesota 2024 FHA Loan Limits

Loan Limits in Minnesota

Loan Limits by County in Minnesota (87 counties)

How to qualify for an FHA Loan in Minnesota?

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