FHA VS Conventional loan programs in 2025 for Elko-New-Market, Scott County, Minnesota
In the year 2025, the Conventional loan limit in Elko-New-Market, situated in Scott county, MN, is established at $647,200. Meanwhile, for a single-family home, the FHA limit is $448,500.
Utilize the Lendersa® Conventional loan calculator to efficiently compare the leading rates for Conventional, FHA, and USDA loans today. Determine the necessary income, credit score, reserves, and paperwork needed for a successful application. Our advanced mortgage calculator allows a side-by-side comparison of Conforming Conventional loans with USDA, FHA, and VA options, aiding you in selecting the most appropriate program for your financial circumstances in MN.
2025 Loan Limits and Down Payment Requirements in Elko-New-Market, Scott, MN
Loan Type
Maximum Loan Amount
Minimum Down Payment
Conventional Conforming
$647,200
3%
USDA
$322,000
0%
FHA
$448,500
3.5%
Note: The comparison table is relevant for the following zip codes: 55020, 55054
Options for Conventional and FHA Loans in Elko-New-Market, MN
Lendersa® is committed to securing for you the best Conventional, USDA, or FHA loan swiftly and effortlessly. Begin with any of these three strategies to find the lenders and programs that match your needs.
1st Rate Home Mortgage, Inc (1RHM) is a full service mortgage company. We have the ability to both broker and act as the lender on transactions. This company was built by originators at a time when mortgage was a 4-letter word - 2007. We have more than survived the ups and downs that this industry has seen.
First Community Mortgage (FCM) opened its doors in 1988 as a division of First National Bank Texas. Since then, we have been working in tandem with our clients to turn their dream of buying a home into a reality. Formed with the mission to guide our customers, we aim at providing a mortgage loan that best fits their financial needs.
2701 E Insight Way, Suite 150, Chandler, AZ, 85286
At Barrett Financial Group, we harness 20 years of experience to offer you unparalleled lending solutions. From conventional mortgages to niche loans for self-employed individuals, our expertise spans FHA, VA, USDA, and more. Trust us to provide tailored, professional guidance and financing options to suit your unique needs. Contact us today to mak
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.
16810 East Avenue of The Fountains Ave, Fountain Hills, AZ, 85286
Discount Mortgage Founder of the steve We are a full-service mortgage company based in Fountain Hills, AZ. We specialize in originating Home Loans EVERYWHERE in Arizona, EVERYWHERE in Colorado and EVERYWHERE in California and surrounding cities. Get Your easy, hassle-free digital mortgage here.
Our mortgage lending services cater towards getting our clients the best options possible, no matter their financial situation or real estate background. Whether you need help negotiating a mortgage for an investment property or existing home, or purchasing a new home, EWU Lending can manage all your mortgage needs.
2701 E Insight Way, Suite 150, Chandler, AZ, 85286
Cascade Financial Services Since opening our doors in 1999, Cascade Financial Services has grown to become one of the most trusted lenders in Affordable Housing. Our goal is to help thousands of families realize the dream of home ownership by offering mortgage loan solutions customized to the manufactured housing.
Next-Financing is based in Scottsdale, Arizona and has a satellite office in Silicon Valley, California. We are a Nationwide lender offering a wide array of financing options for investors, including fix & flip loans, rental loans, vacation rental loans and cash-out refinance loans. Fast pre-approvals via term sheet without pulling your credit.
