Many first-time homebuyers choose FHA loans, which are backed by the Federal Housing Administration. These “helper loans” allow for buyers to purchase a home with as little as 3.5 percent down at closing.
FHA loans are meant to aid those who can pay a mortgage over the long-term, but who may have a hard time saving a large down payment. For this reason, there are limits to the total amount that you can borrow when securing an FHA loan. These limits are determined by the average house value for each county.
Below are the 2018 FHA loan limits for single-family homes in each county of Minnesota.
Remember, some cities may span several counties. If you are interested in an FHA loan in one of these cities, ask your REALTOR® or lender to help you determine the loan limit for the area where you are searching.
2018 FHA loan limits for Minnesota counties
| Minnesota county | FHA loan limit for 2018 |
| Aitkin County | $294,515 |
| Anoka County | $356,500 |
| Becker County | $294,515 |
| Beltrami County | $294,515 |
| Benton County | $294,515 |
| Big Stone County | $294,515 |
| Blue Earth County | $294,515 |
| Brown County | $294,515 |
| Carlton County | $294,515 |
| Carver County | $356,500 |
| Cass County | $294,515 |
| Chippewa County | $294,515 |
| Chisago County | $356,500 |
| Clay County | $294,515 |
| Clearwater County | $294,515 |
| Cook County | $294,515 |
| Cottonwood County | $294,515 |
| Crow Wing County | $294,515 |
| Dakota County | $356,500 |
| Dodge County | $294,515 |
| Douglas County | $294,515 |
| Faribault County | $294,515 |
| Fillmore County | $294,515 |
| Freeborn County | $294,515 |
| Goodhue County | $294,515 |
| Grant County | $294,515 |
| Hennepin County | $356,500 |
| Houston County | $294,515 |
| Hubbard County | $294,515 |
| Isanti County | $356,500 |
| Itasca County | $294,515 |
| Jackson County | $294,515 |
| Kanabec County | $294,515 |
| Kandiyohi County | $294,515 |
| Kittson County | $294,515 |
| Koochiching County | $294,515 |
| Lac Qui Parle County | $294,515 |
| Lake County | $294,515 |
| Lake of the Woods County | $294,515 |
| Le Sueur County | $356,500 |
| Lincoln County | $294,515 |
| Lyon County | $294,515 |
| Mahnomen County | $294,515 |
| Marshall County | $294,515 |
| Martin County | $294,515 |
| McLeod County | $294,515 |
| Meeker County | $294,515 |
| Mille Lacs County | $356,500 |
| Morrison County | $294,515 |
| Mower County | $294,515 |
| Murray County | $294,515 |
| Nicollet County | $294,515 |
| Nobles County | $294,515 |
| Norman County | $294,515 |
| Olmsted County | $294,515 |
| Otter Tail County | $294,515 |
| Pennington County | $294,515 |
| Pine County | $294,515 |
| Pipestone County | $294,515 |
| Polk County | $294,515 |
| Pope County | $294,515 |
| Ramsey County | $356,500 |
| Red Lake County | $294,515 |
| Redwood County | $294,515 |
| Renville County | $294,515 |
| Rice County | $294,515 |
| Rock County | $294,515 |
| Roseau County | $294,515 |
| Scott County | $356,500 |
| Sherburne County | $356,500 |
| Sibley County | $356,500 |
| St. Louis County | $294,515 |
| Stearns County | $294,515 |
| Steele County | $294,515 |
| Stevens County | $294,515 |
| Swift County | $294,515 |
| Todd County | $294,515 |
| Traverse County | $294,515 |
| Wabasha County | $294,515 |
| Wadena County | $294,515 |
| Waseca County | $294,515 |
| Washington County | $356,500 |
| Watonwan County | $294,515 |
| Wilkin County | $294,515 |
| Winona County | $294,515 |
| Wright County | $356,500 |
| Yellow Medicine County | $294,515 |
Hoping to apply for an FHA loan in 2018?
For the right buyer at the right time, FHA loans can be a perfect fit. Read more about FHA loans or reach out today to get started on the mortgage process for any loan type.
For more buyer insights you can use, follow #BuyerInsights on Twitter, Facebook, Instagram and YouTube.
