FHA VS Conventional loan programs in Prior-Lake, Scott County, Minnesota
In 2026, the limit for a Conventional loan in Prior-Lake, within the Scott county of MN, is $647,200, while for an FHA loan, it stands at $448,500 for a single-family home.
Utilize Lendersa® Conventional loan calculator to evaluate the best rates available today among Conventional, FHA, and USDA loans. Discover the necessary income, credit, reserves, and documents required to qualify. Using our advanced mortgage calculator, you can compare Conforming Conventional loans, USDA, FHA, and VA side by side, assisting you in making the best choice for your individual financial needs in MN.
Loan Limits and Down Payment Requirements for 2026 in Prior-Lake, Scott, MN
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$322,000
0%
FHA
$448,500
3.5%
The comparison table is applicable to the following zip codes: 55372, 55379
Exploring Conventional and FHA Loan Options in Prior-Lake, MN
Lendersa® strives to secure the best possible Conventional, USDA, or FHA loans swiftly and with ease. Choose one of three paths to find the right lenders and loan programs tailored for you.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to find and provide the right home loan for our clients while providing them with the lowest combination of interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
When you go through the motions of buying a property, you want someone with experience by your side every step of the way. As a certified mortgage broker since 1994, we go the extra mile while helping clients buy or refinance their homes. We work diligently towards providing the real estate financing solutions our clients need.
We strive to offer superior lending products at competitive terms so we can offer the best possible mortgage experience. The mortgage environment has continued to change and we have integrated with the latest mortgage products to offer solutions to the lending process.Established in 1994.
At Wellspring Credit Union, we strive to create an experience you will remember. Our goal is to provide members with exceptional financial service each and every time they visit. Wellspring Credit Union is a not-for-profit financial cooperative. This means when you become a member of the credit union, you become a shareholder.
NVE Bank is an independent community mutual bank established in 1887. For over 130 years, we’ve dedicated ourselves to providing customers with an unparalleled level of personal service. With 12 offices conveniently located throughout northern New Jersey, NVE offers an extensive range of business
Kennedy Funding is a leading nationwide hard money lender specializing in bridge loans for all types of commercial property. The company has over $4.0 billion in loan closings. Commercial real estate loans are provided for land acquisition, development, construction, note purchases, workouts, bankruptcies and foreclosures.
Failla Funding For over 20 years, me and my team have been committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your f
3974 Amboy Road, Suite 302, Staten Island, NY, 10308
"Fidelity First Mortgage has been in business since 1994. We have served the local community by providing a broad range of mortgage loan products for residential, condo, coop, multifamily, mixed use, and commercial properties. We are a small firm. Because of that we provide the highest level of customer service,"
