FHA VS Conventional loan in Lakeville, Dakota County, Minnesota

For 2025, the cap on conventional loans in Lakeville, within Dakota county of MN, is defined as $726,200. In contrast, the FHA loan limit for a single-family residence is $515,200.

Explore the Lendersa® Conventional loan calculator to evaluate the leading rates available today across Conventional, FHA, and USDA types. This tool aids in understanding the income thresholds, credit scores, reserves, and documents necessary to qualify. Our state-of-the-art mortgage calculator allows seamless comparisons of Conforming Conventional, USDA, FHA, and VA loans, side by side, assisting you in determining which loan program in MN aligns with your financial requirements.

Discover loan offers from over 100 lenders

Review 2025 Loan Limits and Down Payment Essentials for Lakeville in Dakota County, MN

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

Applicable zip codes for this comparison table are: 55044

Navigating Conventional and FHA Loan Choices in Lakeville, MN

At Lendersa®, our objective is to streamline the process of securing the most beneficial Conventional, USDA, or FHA loan efficiently and without unnecessary complexity. Select from one of three pathways to connect with lenders and loan programs that suit your needs.

Visualizing Lendersa USDA loan requests and their matching results


  • New Alliance FCU
  • 835 Merchant Street, Ambridge, PA, 15003
  • Our mission is to support and strengthen our community through financial stewardship and education, ethical and compassionate business practices and a member-first service attitude. Our hearts, homes, families and friends are here and we have a vested interest in seeing the Pittsburgh region, its businesses and organizations
  • De Witt Bank and Trust Company
  • 2nd And Jefferson Streets, De Witt, AR, 72042
  • Stone Bank understands the special needs of agricultural producers and rural homeowners. Our farm lenders are trained specialists with the training and expertise to understand all facets of poultry and cattle lending. We understand the complexities that can be associated with poultry and cattle loans, which is why we custom tailor agriculture loans
  • Ohio Valley Community Federal Credit Union
  • 52775 Boston Hill Road, Hannibal, OH, 43931
  • Ohio Valley Community Federal Credit Union has been meeting the changing financial needs of its members since 1960. OVCFCU is one of the area's largest financial institutions. We are a full-service, federal-chartered financial institution guided by this mission statement: “Providing safety and security with innovative financial services.
  • USX Federal Credit Union
  • 1293 Freedom Road, Cranberry Township, PA, 16066
  • USX FCU was founded in 1938 by several United States Steel Corporation employees with a mission to educate its members about financial matters and help them manage their daily financial affairs and also to provide members with advantages in every aspect of their financial lives and giving them the confidence of financial security
  • Welcome Home Finance, LP
  • 8050 Rowan Rd, Suite 503, Cranberry Township, PA, 16066
  • We have built a strong reputation as an outstanding mortgage lender, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state of Pennsylvania. We're a full service, independently owned mortgage lender with an experienced staff offering expertise in every area of mortgage lending
  • Southern Chautauqua Federal Credit Union
  • 168 East Fairmount Avenue, Lakewood, NY, 14750
  • Mission Statement: Southern Chautauqua Federal Credit Union is committed to providing its members with the professional financial services they have come to expect. Vision Statement: Southern Chautauqua Federal Credit Union’s vision is to be a resource to the community by offering its members the best financial service and value….period.
  • STREBER MORTGAGE LLC
  • 129 Frazier, Red House, WV, 25168
  • 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.
  • Premier Mortgage Services, Inc.
  • 1700 Fortino Blvd, Pueblo, CO, 81008
  • Premier's mission is to provide superior products along with expert consultation and customer service to ensure a quick and easy lending process. Premier's friendly, trained and experienced loan professionals will guide you through the mortgage process and help you realize the dream of home ownership.
  • SunWest Educational Credit Union
  • 700 Eagleridge Boulevard, Pueblo, CO, 81008
  • At SunWest, our checking accounts are simple. No monthly service fees, no minimum balances and a Visa debit card with no annual fee. Plus, you can get your debit card the same day! We are local not-for-profit financial institution with better rates, fewer fees and the personal service you deserve. Discover brighter days at SunWest.
  • The First National Bank of Oneida
  • 18418 Alberta St., Oneida, TN, 37841
  • First National Bank of Oneida is dedicated to building partnerships and supporting progress since 1904. Blessed throughout the years with insightful visionaries and leaders with strong and sound philosophies, First National Bank is not only the oldest bank but also the only locally owned bank in Scott County
  • Keystone Home Mortgage, LLC
  • 1768 N Main St. Ext, Suite 2, Butler, PA, 16001
  • 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. Here at Keystone Home Mortgage we strive to make the home-buying process as pain free and informative as possible.
  • Serenity Mortgage, LLC
  • 223 Homewood Drive, Butler, PA, 16001
  • The company name and lighthouse icon were chosen to reassure Serenity Mortgage customers that this can be a peaceful process, and you don’t have to be in it alone. The way the lighthouse is used to guide and direct the mariner out at sea, is the same philosophy John uses in the mortgage business.