| |
|
|
FHA Home Loans Minnesota
Minnesota Depart of HUD Housing
International Center II
920 Second Avenue South, Suite 1300
Minneapolis, MN 55402-4012
Phone: (612) 370-3000
The current (2008) basic
standard mortgage limits for FHA insured loans in Minnesota
are dependent on the county in which you live. The rates are as follows *:
| County/Counties |
One-family |
Two-family |
Three-family |
Four-family |
|
Aitkin, Becker, Beltrami, Benton, Big Stone, Blue Earth, Brown, Carlton, Cass, Chippewa, Clay, Clearwater, Cottonwood, Crow Wing, Dodge, Douglas, Faribault, Fillmore, Freeborn, Goodhue, Grant, Houston, Hubbard, Itasca, Jackson, Kanabec, Kandiyohi, Kittson, Koochiching, Lac Qui Parle, Lake, Lake Of The Woo, Le Sueur, Lincoln, Lyon, Mahnomen, Marshall, Martin, Mcleod, Meeker, Mille Lacs, Morrison, Mower, Murray, Nicollet, Nobles, Norman, Olmsted, Otter Tail, Pennington, Pine, Pipestone, Polk, Pope, Red Lake, Redwood, Renville, Rice, Rock, Roseau, Sibley, St. Louis, Stearns, Steele, Stevens, Swift, Todd, Traverse, Wabasha, Wadena, Waseca, Watonwan, Wilkin, Winona, Yellow Medicine |
$271,050.00 |
$347,000.00 |
$419,400.00 |
$521,250.00 |
|
Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Ramsey, Scott, Sherburne, Washington, Wright |
$365,000.00 |
$467,250.00 |
$564,800.00 |
$701,900.00 |
|
Cook |
$296,250.00 |
$379,250.00 |
$458,400.00 |
$569,700.00 |
An FHA loan in Minnesota is guaranteed by HUD (the Housing and
Urban Development).
Homeownership rates in Minnesota are in the 75% rate
bracket, in other words 3/4ths of all Minnesotans own their own
home and FHA LOANS are increasingly popular in a state where owning
a home is so widespread. Check your
credit score before you apply for your home loan.
Keep in mind the FHA does not actually make the home
loans, the FHA insures FHA home loans. You must still apply for an
FHA loan through regular lenders, your Bank, Credit Union etc.
|
|