FHA VS Conventional loan in Prior-Lake, Scott County, Minnesota

In 2025, 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.

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Loan Limits and Down Payment Requirements for 2025 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.

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  • Texas Heartland Mortgage San Antonio, Texas ! As a Team We are excited and look forward to exceeding your expectation in purchasing a home to call your own. Contact us directly and let us know how we can assist you, or answer any questions, you may have in buying or refinacing your home
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  • SWBC Mortgage Corporation is a full-service mortgage lender approved with FNMA, FHLMC, and GNMA. Headquartered in San Antonio, Texas, SWBC Mortgage has been providing mortgage banking services since 1988. Through the ups and downs of the mortgage industry, the mortgage corporation has remained committed to service, integrity
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