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2026 FHA Loan Limits in Minnesota
Homebuyers in Minnesota can look to FHA loans, backed by the Federal Housing Administration, for funding that may come with fewer hurdles than other conventional options. FHA loans have loan limits that borrowers must follow. For most Minnesota homebuyers, the 2026 FHA loan limit is $541,287 for a single-family home, though counties with higher home prices, like Anoka, Carver, Ramsey and Scott, have loan limits up to $552,000.
Minnesota FHA loan limits by county
Minnesota single-family FHA loan limits
| One unit | Two units | Three units | Four units | Median sales price | |
|---|---|---|---|---|---|
| AITKIN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $210,000 |
| ANOKA COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| BECKER COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $255,000 |
| BELTRAMI COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $210,000 |
| BENTON COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $275,000 |
| BIG STONE COUNT | $541,287 | $693,050 | $837,700 | $1,041,125 | $123,000 |
| BLUE EARTH COUN | $541,287 | $693,050 | $837,700 | $1,041,125 | $290,000 |
| BROWN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $182,000 |
| CARLTON COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $236,000 |
| CARVER COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| CASS COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $256,000 |
| CHIPPEWA COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $154,000 |
| CHISAGO COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| CLAY COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $330,000 |
| CLEARWATER COUN | $541,287 | $693,050 | $837,700 | $1,041,125 | $180,000 |
| COOK COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $300,000 |
| COTTONWOOD COUN | $541,287 | $693,050 | $837,700 | $1,041,125 | $133,000 |
| CROW WING COUNT | $541,287 | $693,050 | $837,700 | $1,041,125 | $256,000 |
| DAKOTA COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| DODGE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $330,000 |
| DOUGLAS COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $295,000 |
| FARIBAULT COUNT | $541,287 | $693,050 | $837,700 | $1,041,125 | $145,000 |
| FILLMORE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $330,000 |
| FREEBORN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $165,000 |
| GOODHUE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $280,000 |
| GRANT COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $157,000 |
| HENNEPIN COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| HOUSTON COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $280,000 |
| HUBBARD COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $195,000 |
| ISANTI COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| ITASCA COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $206,000 |
| JACKSON COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $141,000 |
| KANABEC COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $235,000 |
| KANDIYOHI COUNT | $541,287 | $693,050 | $837,700 | $1,041,125 | $230,000 |
| KITTSON COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $93,000 |
| KOOCHICHING COU | $541,287 | $693,050 | $837,700 | $1,041,125 | $115,000 |
| LAC QUI PARLE C | $541,287 | $693,050 | $837,700 | $1,041,125 | $100,000 |
| LAKE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $195,000 |
| LAKE OF THE WOO | $541,287 | $693,050 | $837,700 | $1,041,125 | $168,000 |
| LE SUEUR COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| LINCOLN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $98,000 |
| LYON COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $160,000 |
| MAHNOMEN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $120,000 |
| MARSHALL COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $145,000 |
| MARTIN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $150,000 |
| MCLEOD COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $265,000 |
| MEEKER COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $219,000 |
| MILLE LACS COUN | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| MORRISON COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $235,000 |
| MOWER COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $175,000 |
| MURRAY COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $120,000 |
| NICOLLET COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $290,000 |
| NOBLES COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $210,000 |
| NORMAN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $140,000 |
| OLMSTED COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $330,000 |
| OTTER TAIL COUN | $541,287 | $693,050 | $837,700 | $1,041,125 | $230,000 |
| PENNINGTON COUN | $541,287 | $693,050 | $837,700 | $1,041,125 | $165,000 |
| PINE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $240,000 |
| PIPESTONE COUNT | $541,287 | $693,050 | $837,700 | $1,041,125 | $132,000 |
| POLK COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $282,000 |
| POPE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $225,000 |
| RAMSEY COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| RED LAKE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $122,000 |
| REDWOOD COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $135,000 |
| RENVILLE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $150,000 |
| RICE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $316,000 |
| ROCK COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $405,000 |
| ROSEAU COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $180,000 |
| SCOTT COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| SHERBURNE COUNT | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| SIBLEY COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $228,000 |
| ST. LOUIS COUNT | $541,287 | $693,050 | $837,700 | $1,041,125 | $236,000 |
| STEARNS COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $275,000 |
| STEELE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $256,000 |
| STEVENS COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $165,000 |
| SWIFT COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $113,000 |
| TODD COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $160,000 |
| TRAVERSE COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $93,000 |
| WABASHA COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $330,000 |
| WADENA COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $159,000 |
| WASECA COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $206,000 |
| WASHINGTON COUN | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| WATONWAN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $125,000 |
| WILKIN COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $180,000 |
| WINONA COUNTY | $541,287 | $693,050 | $837,700 | $1,041,125 | $233,000 |
| WRIGHT COUNTY | $552,000 | $706,650 | $854,200 | $1,061,550 | $480,000 |
| YELLOW MEDICINE | $541,287 | $693,050 | $837,700 | $1,041,125 | $118,000 |
| YELLOW MEDICINE | $541,287 | $693,050 | $837,700 | $1,041,125 | $118,000 |
How much is your home purchase price?
$400,000
How are FHA loan limits determined?
The maximum amount you’re able to borrow in Minnesota is based on a percentage of the national conforming loan limit set by the Federal Housing Finance Agency (FHFA), which is currently $832,750.
For 2026, the lowest loan limit, known as the “floor,” is 65% of the national conforming loan limit, or $541,287 in most Minnesota counties. These include counties such as Aitkin, Clearwater, Lyon and Murray.
Homebuyers in pricier counties or metropolitan areas may be able to borrow up to the “ceiling” amount, which is 150% of the conforming loan limit. In counties such as Hennepin, Le Sueur, and Sherburne, you may qualify for an FHA loan up to $1,061,550 for a four-unit property.
How to qualify for an FHA loan in Minnesota
Since FHA loans are backed by the government, requirements may come with more flexible criteria. That’s because there may be less risk for lenders against losses if you default on the loan.
Some borrower requirements include:
- Minimum credit score and down payment: You can qualify for an FHA loan if you have a credit score of between 500 and 579, though you’ll need to put 10% down on the home. Applicants with a 580 credit score or higher can put down 3.5% of the loan amount.
- Maximum debt-to-income (DTI) ratio: Lenders look at your DTI ratio, or the percentage of your gross income currently going toward debt. The higher your DTI, the more risk you pose to a lender. In most cases, you’ll need a DTI ratio of 43% or lower. Lenders may allow your DTI to be higher if you can prove you can afford the loan in other ways, such as having significant cash reserves.
- Income sources: Though there aren’t any specific income requirements you need to meet, lenders will still look at income sources like your employment history. You may need to provide documentation such as your W-2, 1099s if you’re self-employed, and bank statements showing cash reserves.
- Primary residence: Any home you purchase with an FHA loan must be your primary residence for at least one calendar year.
- FHA loan appraisal: All homes purchased using this type of loan need to pass an FHA appraisal to ensure the home complies with current safety standards.
- FHA mortgage insurance: Homebuyers need to pay two types of FHA mortgage insurance: an upfront premium that’s rolled into your loan and an ongoing payment added to your monthly premiums. The upfront premium is 1.75%, whereas the monthly insurance premium (MIP) ranges from 0.15% to 0.75% of your total loan amount.
Buying a multifamily property with an FHA loan
Homebuyers in Minnesota can purchase a multifamily home of two to four units with an FHA loan, with a down payment as low as 3.5%. Many borrowers use the accessibility of an FHA loan as part of their house-hacking strategy, where they live in one unit and rent out the others.
The requirements you need to meet are about the same as buying a single-family home:
- A minimum of a 500 credit score, or at least 580 if you want to make a 3.5% down payment
- Live in one of the units as your primary residence for a minimum of one year
- Have proof of solid employment and income history
- DTI ratio at or below 43%, unless you can meet other requirements for an exception
- Pass an FHA loan home inspection and appraisal
- MIPs for FHA multi-family loans are 0.25%
In 2026, the FHA loan limits for multifamily properties in Minnesota are:
| Number of units | Low-cost FHA loan limit |
|---|---|
| Two | $693,050 |
| Three | $837,700 |
| Four | $1,041,125 |
FHA lenders in Minnesota
| Lender | LendingTree rating | Minimum FHA credit score | |
|---|---|---|---|
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Expert review from LendingTree.
| 580 | |
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Expert review from LendingTree.
| 580 | |
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Expert review from LendingTree.
| 580 | |
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Expert review from LendingTree.
| 580 | |
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Expert review from LendingTree.
| 580 |
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