FHA VS Conventional loan in Owatonna, Steele County, Minnesota
In the year 2025, the loan limit for a Conventional mortgage in Owatonna, Steele county of MN, is $726,200, whereas the FHA cap for a single-family home is $472,030.
To evaluate today's optimal rates for Conventional, FHA, and USDA loans, utilize the Lendersa® Conventional loan calculator. Identify the needed income, credit, reserves, and documents for qualification purposes. Our sophisticated mortgage calculator allows you to compare Conforming Conventional, USDA, FHA, and VA loans alongside each other, aiding in picking the best option for your financial circumstances in MN.
2025 Loan Limits and Down Payment Requirements in Owatonna, Steele, MN
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This table is applicable to the zip codes: 55060
Conventional and FHA Loan Options in Owatonna, MN
Lendersa®'s goal is to promptly find the best Conventional, USDA, or FHA loans without unnecessary hassle. Choose from one of three starting strategies that connect you with suitable lenders and their loan programs.
852 Orleans Road, Suite 203, Charleston, SC, 29407
We have been serving homeowners and homebuyers in the Lowcountry since 2002. Our loan officers have a wide range of experience in working with homebuyer's and homeowners to find the loan that best meets your needs. Jeff has been working as a mortgage loan officer since 2005. Jeff has worked with FHA, VA, Fannie Mae, USDA and Freddie Mac loans.
1180 Sam Rittenberg Blvd, Suite 160, Charleston, SC, 29407
Princeton Mortgage is a team of motivated people who are driven to achieve excellence in their work and reach their full potential, while enjoying the journey. We want to do great work for our customers. We’re also a little weird. Princeton Mortgage was founded in 1983 as a licensed mortgage banker and is backed by a 100+ year old
181 Bluffton Road, Suite F-102, Bluffton, SC, 29910
The Kristoff Team has been lending locally in Hilton Head Island and Bluffton since 1989. We have worked with thousands of clients and received numerous top producer awards by lending $3 billion over our combined 50 years. Our philosophy is simply, “say what you mean, mean what you say, and do what you say you’re going to do.”
Finance. Jason has been in the mortgage industry since 2001 and founded Mortgage Lending Associates in 2003. He is an experienced and knowledgeable mortgage executive, he has personally funded over 100 million in residential loans. Outside of mortgage lending Jason enjoys running, playing basketball and spending time with his two children
Woodsville Guaranty Savings Bank is a locally owned and operated community bank, serving the people, businesses, and communities of northern New Hampshire and northeastern Vermont. The bank has nine North Country offices, located in the communities of Woodsville, Piermont, Lisbon, Littleton, Lancaster, Plymouth, and Franconia, New Hampshire.
"Our vision is to make sure that the American Dream lives on.
That if you want to own a home you can because of our ability to obtain a mortgage which will improve your life.
That if you are moving from one home to another you can because of our ability to obtain a mortgage which will improve your life."
1560 Cable Ranch Road, Suite 200, San Antonio, TX, 78245
AFFCU (Air Force Federal Credit Union) is a full-service financial organization based in San Antonio, Texas. We offer banking products including savings, checking, money market accounts, certificate accounts, and more. We also provide auto loans, personal loans, mortgage loans, home equity loans, Visa credit cards, and more.
In 1938 teacher’s starting annual salaries were $1,100, the depression was ending and the war in Europe was beginning. On April 19, 1938 a group of determined Manchester area teachers organized the Manchester Teachers Federal Credit Union, known today as the Northeast Family Federal Credit Union.