Explore the differences! FHA VS Conventional loan programs in Andover, Anoka County, Minnesota
As of 2025, the limit for a conventional loan in Andover, located in the county of Anoka, MN, stands at $726,200, whereas the FHA limit for a single-family residence reaches $515,200.
The Lendersa® Conventional loan calculator is a useful tool to evaluate today's rates, comparing Conventional, FHA, and USDA loans. It helps you assess income requirements, credit scores, reserves, and the documents necessary for qualification. With this advanced mortgage calculator, you are able to compare Conforming Conventional loans, USDA, FHA, and VA loans side by side, helping you determine which loan program in MN fits your financial circumstances best.
2025 Loan Limits and Downpayment Requirements in Andover, county of Anoka, MN
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$0
0%
FHA
$515,200
3.5%
The table comparison applies to these zip codes: 55304
Options for Conventional and FHA Loans in Andover, MN
The mission of Lendersa® is to secure you the best Conventional, USDA, or FHA loan swiftly and without complications. Start with one of our three options to match with lenders and loan programs tailored to your needs.
Legacy Mutual Mortgage is an approved HUD Lender and a member of the Texas Mortgage Bankers Association. We've been in business since April 2005 as a full service mortgage banking company originating, underwriting and closing conventional, FHA, VA, Texas Vet and USDA mortgage loans.
4210 Wadsworth Blvd, Suite 302, Wheat Ridge, CO, 80034
Indigo Mountain Mortgage considers itself fortunate to offer a full range of loan products, including Jumbo Loans and Low Documentation Loans for people who are successful self-employed borrowers, FHA Loans, VA Loans, Conventional Loans, and Private money sources and Mountain Mortgage. Local expertise and broad real estate experience.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Community Savings is a community-oriented financial institution that provides customized loan and deposit services for personal and small business needs. Keeping technology at the forefront, Community Savings has never been more accessible than now. Community Savings is committed to reinvesting funds locally.
For over one hundred years now, The Farmers and Merchants Bank has been recognized as a cornerstone and a leading financial partner in the community. Located on the Square in the Caldwell Business District, the bank has occupied the same building; adapting it for their changing needs
We're the mortgage brokers with Lending Hand Mortgage LLC, offering personalized mortgage solutions, fast customized quotes, great rates, & service with integrity. We understand that no two clients are the same so our loan origination approach is tailored to each client for their specific needs.
NexGen Home Loans was created simply to bring something different to the mortgage industry. Mortgage customers for years have had to choose between low rates through an online digital platform with a lack of customer service or a local loan officer that can provide great service but at a higher cost.
Since its inception, the bank's primary mission has been to serve the banking needs of Midwest City as well as Eastern Oklahoma County and Tinker Air Force Base. This continues to be the primary driving force behind the bank today. Being the oldest and most firmly established bank in the area.
America’s Mortgage is ranked among the top ten lenders in the Denver Metro area. We remain on top by providing the best loan options along with local service. We actively incorporate new ideas and strategies while remaining true to the conservative business practices that have allowed us to succeed.
4380 Harlan Street, Suite 100, Wheat Ridge, CO, 80033
Paradigm (the original spelling of the word), has a meaning of being “worthy of duplication; standing out above the rest”. That was the philosophy at the onset of the founding of Paradyme, that we were above the rest, and well worthy of duplication. We are local, family owned mortgage company that really cares about your loan needs
