In 2025, the FHA loan limit within Brooklyn-Park county of Hennepin, MN is set as follows: $402,500 applies for a single-family home, designed to accommodate typical family needs. For residences with two units, the limit increases to $515,250, reflecting the additional housing capacity costs. For properties containing three units, the loan threshold is $622,850, supporting more sizable housing investments, and for four-unit structures, the maximum borrowing limit is established at $774,050, catering to larger-scale residential scenarios. These limits serve as a fundamental guide for prospective homeowners exploring FHA-backed options, ensuring clarity in financial planning.
The maximum loan amount available for conventional loans differs, setting a cap of $548,250 for a single-family residence, appropriate for standard housing needs. For two-unit residences, the permissible loan limit is $702,000, recognizing the expanded living requirements. For three-unit dwellings, it extends to $848,500, supporting more comprehensive housing strategies, and for four-unit housing, the maximum possible loan is $1,054,500. Understanding these distinctions is critical for borrowers considering conventional financing options and wish to evaluate the extent of support they might utilize for property purchases.
Our FHA calculator is an invaluable tool designed to help potential borrowers assess today’s competitive FHA rates. By using this calculator, you can accurately evaluate the necessary downpayment, gather insights into income requirements, review your credit, and assess the reserves needed, alongside the specific documentation necessary to qualify successfully.
Compare loan offers from over 100 lenders, allowing you to explore a wide spectrum of financial opportunities tailored to your unique housing demands and financial capacity. This comparison broadens your choice of financial solutions.
The Lendersa® calculator is your gateway to comparing the rates and terms of FHA loans with a wide array of other available loan programs, offering a broader array of potential solutions to meet diverse financial goals. Take the opportunity to explore options such as Conventional loans, known for their flexibility; Jumbo loans, suitable for high-value properties; and VA loans, ideal for veterans. USDA loans present a viable choice for rural area purchases, while Non-QM loans address unique financial situations not covered by traditional means. Additionally, hard money loans are available for real estate investors seeking alternative financing solutions.
Lendersa® seamlessly aggregates extensive data from a multitude of lenders, efficiently comparing it against your personalized financial environment, thereby accelerating your decision-making process by presenting you with precise, relevant information at a glance. This immediate comparison is crucial for strategically aligning your financial status with the best available loan options.
For 2025, explore the Loan Limits Comparison Table specific to Brooklyn-Park county of Hennepin, MN, which provides detailed comparisons of maximum loan amounts valid for FHA, Conventional, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. This resources serves as an essential tool for borrowers who wish to compare loan performance and suitability, ensuring that the selected loan matches your unique borrowing requirements. Furthermore, to delve deeper into qualification metrics such as income levels, reserves, and credit evaluations, utilize the sophisticated Lendersa® Super Loan Integrated Qualifier (SLIQ™) that offers in-depth insights and guidance in these fields.
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $402,500 | $515,250 | $622,850 | $774,050 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $548,250 | $702,000 | $848,500 | $1,054,500 |
| USDA | $0 | $0 | $0 | $0 |
| VA | $548,250 | $702,000 | $848,500 | $1,054,500 |
| None-Qm | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 |
| None- QM- Super Jumo | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 |
| Reverse Mortgage (HECM) | $822,375 | $822,375 | $822,375 | $822,375 |
| Proprietary Reverse Mortgage (Non-FHA) | $4,000,000 | $4,000,000 | $4,000,000 | $4,000,000 |
| Hard Money | $90,000,000 | $90,000,000 | $90,000,000 | $90,000,000 |
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