FHA VS Conventional loan programs in 2025 for 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.
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.
Shambhala Credit Union is a state-chartered financial institution whose depositors enjoy a federally-backed guarantee by the NCUA up to $250,000 per member account. We use our depositors’ money to make loans to members for everything from mortgages, car loans, mobile home loans, business purpose loans, and personal loans.
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Our mission is to help people achieve the American dream of homeownership. We work with you not only to find you the best solutions for your situation, but we educate you every step of the way. Our cutting-edge technology allows us to offer 100% remote services with the same human touch you’ve come to expect from an in-person experience.
We aim to provide the best services while maintaing a green company philosophy and giving back to the communities we serve. We are a family company and understand the importance of providing a better place for future generations. Our experts have been helping people save money and get the right mortgage for over 20 years!
At Premier Lending all of our underwriting and closing from our Boulder home mortgage advisors is done in-house, allowing us the greatest measure of control and communication throughout the process, from pre-qualifying to closing. We also have access to the most competitive rates and program offerings on conventional, Jumbo, FHA, and VA mortgages.
Colorado Mortgages Buying a house is stressful and financing can be confusing. With all the changes the mortgage industry has seen, home buyers need better assistance when buying or refinancing a home. The team at Mutual Security and I are committed to educating our customers so that getting a mortgage isn't a daunting endeavor.
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A Colorado owned and operated company since 1986, Premier Mortgage Group, a division of Cherry Creek Mortgage Co., Inc., is one of the Rocky Mountain Region’s most trusted providers of home loans. Built on the hallmarks of integrity, excellence and dedication, we are committed to caring for our customers and building lifetime relationships
