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.


** Document Provided By FHALoans.guide **
Source: https://fhaloans.guide/loan-limits/minnesota