FHA VS Conventional loan programs in Farmington, Dakota County, Minnesota

For the year 2025, the conventional loan maximum in Farmington, located in Dakota county, MN, is set at $726,200. Comparatively, the FHA limit for a single-family residence here is $515,200.

The Lendersa® Conventional loan calculator can assist you in comparing the best current rates for Conventional, FHA, and USDA loans. This tool evaluates the income, credit, reserves, and documentation required for qualification. It allows you to examine Conforming Conventional loans alongside USDA, FHA, and VA options, aiding in choosing the program in MN that aligns with your financial needs.

Compare loan offers from a network of 100 lenders

Loan limits and down payment requirements for 2025 in Farmington, Dakota county, MN

Loan Type Loan Limit Down payment
Conventional Conforming $726,200 3%
USDA $358,800 0%
FHA $515,200 3.5%

This comparative table is relevant to zip codes: 55024

Exploring Conventional and FHA loan solutions in Farmington, MN

The mission of Lendersa® is to quickly and efficiently secure you the best Conventional, USDA, or FHA loan. Choose one of several starting points providing matching lenders and programs.

Lendersa USDA loan request outcomes


  • Prosperity Home Finance
  • 516 29th St, West Palm Beach, FL, 33407
  • We understand the ups and downs that come with the challenge of home buying, or commercial building. Our professional and dedicated team has a passion for helping you secure the mortgage that's right for your situation. We take the frustration out of complex financing. We work with you each step of the way, keeping you updated with each development
  • Arete Mortgage NW LLC
  • 5516 Southeast 71st Avenue, Portland, OR, 97206
  • Arete Mortgage NW, LLC is a mortgage brokerage providing residential purchase and refinance mortgages to borrowers in the Pacific Northwest. Our goal is simple: we want to work quickly and efficiently to get borrowers a great rate. We do so by operating with low overhead costs and utilizing technology to optimize efficiency
  • Castparts Employees Federal Credit Union
  • 8120 SE Luther Rd., Portland, OR, 97206
  • Castparts Employees Federal Credit Union. The first office was located in a single-person room under the stairs in one of Precision Castparts’ plants. After outgrowing the small ‘office’, the credit union moved into a modular unit in the parking lot. and credit union built a new branch off-site, and continues to maintain separate ‘single-person.
  • NorthWest Funding Group, Inc.
  • 802 Officers Row, Suite C, Vancouver, WA, 98661
  • We’re Northwest Funding Group, and we’re legacy builders. We build every loan experience around you, a unique approach that allows you to have a voice. You are heard, valued, and our investment in you is heartfelt. We love what we do and we know how to do it, which shows throughout every single step of the process.
  • Palm Beach Mortgage Group
  • 5589 Okeechobee Blvd STE 105, West Palm Beach, FL, 33417
  • Looking for a mortgage broker in West Palm Beach? If you're looking for a home loan anywhere in Palm Beach County, we're here to help! We treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We repres
  • Steve Prince | Ideal Lending Solutions, Inc |
  • 5589 Okeechobee Blvd Ste #101,, West Palm Beach, FL, 33417
  • Ideal Lending Solutions specializes in residential mortgages with branches throughout Florida and North Carolina. Ideal Lending Solutions, a division of American Financial Network, Inc. is a Direct Lender with delegated authority to underwrite, fund and service Conventional, FHA, USDA, VA loan, and Jumbo loan products in house.
  • Palm Beach Mortgage Group
  • 5589 Okeechobee Blvd - Suite 105, West Palm Beach, FL, 33417
  • Palm Beach Mortgage Group, Inc., we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
  • Alliance Commercial Credit Group
  • 8002 NE Highway, Suite 503, Vancouver, WA, 98665
  • Since 1995, Alliance Commercial Credit Group has specialized in providing alternative financing to companies throughout the Western United States. Guided by its founder, Suzy Oubre, the company has placed more than $75 million in financing to more than 100 companies in virtually every industry group.
  • Green Family Mortgage LLC
  • PO Box 11583, Portland, OR, 97211
  • Green Family Mortgage LLC We offer one-to-one counseling, support, and top-notch customer service. If you are calling or emailing us, you'll be talking directly to an experienced loan officer. No automated operators or customer service representatives giving you the run around here.
  • Accel Mortgage
  • PO Box 11206, Olympia, WA, 98508
  • "Accel Mortgage We believe in the value of honest, ethical business dealings, and in unsurpassed customer service.We want you to not only be happy with your home but also with the mortgage program. Whether you are in need of a mortgage for a refinance or a home purchase, we will help you find the mortgage that best fits your needs