FHA VS Conventional loan programs in Faribault, Rice County, Minnesota
In 2025, the loan limits for a conventional loan in Faribault, located within Rice county of MN, stand at $726,200. Meanwhile, the FHA limit for a single-family dwelling in this area is $472,030.
Using the Lendersa® Conventional loan calculator allows you to compare today's best Conventional, FHA, and USDA rates. It helps evaluate the income, credit, reserves, and documentation required to qualify. With our advanced mortgage tools, you can display Conforming Conventional loans side by side with USDA, FHA, and VA options, making it easier to select the most suitable program in MN for your financial circumstances.
Loan limits and down payment requirements in Faribault, Rice county, MN for 2025
Loan Type
Loan Limit
Down payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This comparative chart pertains to zip codes: 55021
Explore Conventional and FHA loan paths in Faribault, MN
Lendersa® seeks to provide you with the most favorable Conventional, USDA, or FHA loan swiftly and without burden. Opt for one of three beginnings that facilitate lender and loan program matches.
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