FHA VS Conventional loan in Hermantown, St. Louis County, Minnesota

In 2025, the conventional loan limit in Hermantown, located in St. Louis county, MN, is $726,200, whereas the FHA limit for a single-family home is set at $472,030.

The Lendersa® Conventional loan calculator helps you compare the best available rates today, including Conventional, FHA, and USDA options. Assess necessary income, credit, reserves, and documentation to qualify. Our advanced mortgage tool allows side-by-side comparison of Conforming Conventional, USDA, FHA, and VA loans, aiding your choice of the optimal program in MN for your financial situation.

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2025 Loan Limits and Down Payment Requirements in Hermantown, St. Louis, MN

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

Relevant for zip codes: 55814, 55810, 55811

Explore Conventional and FHA Loan Options in Hermantown, MN

The mission of Lendersa® is to connect you with the best possible Conventional, USDA, or FHA loan quickly and easily. Begin with any of these three approaches to find matched lenders and loan programs:

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  • Firstmark Credit Union
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  • All About Texas Vet Loans
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  • Megamerica Mortgage Group, INC
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  • Megamerica Mortgage Group, Inc. operates as a full service mortgage broker and correspondent lender. Megamerica was founded in 1994 by Ron Wakefield as a vehicle for mortgage brokers and loan officers to increase their profits by going into business for themselves, yet still having the benefits of a larger company.
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  • Searchers Capital
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  • Revolution Mortgage (NMLS #1686046) is a nationwide lender that offers lower rates and payments for refinancing and home purchase loans. We leverage technology to boost efficiencies in the loan process to give you a lower rate, faster closing, and a brand experience that's ridiculously amazing. Founded in Columbus, Ohio,
  • Pilgrim Mortgage
  • 1270 N. Loop 1604 E, Suite 100, San Antonio, TX, 78232
  • Pilgrim Mortgage is a full-service, residential mortgage bank founded in 2006 and headquartered in San Antonio, Texas. With superior talent, we offer a truly personalized mortgage lending experience tailored to meet your individual financial goals. Our mission is to match each of our clients with the right loan.