In the year 2026, the FHA loan limits applicable to properties in Cottage-Grove county, part of Washington, MN, have been set as follows: for a single-family home, the maximum loan limit is $402,500. Moving to two-unit residential properties, the limit increases to $515,250. If your interest lies in three-unit homes, the cap extends to $622,850. Finally, for those looking at four-unit properties, the FHA allows a maximum limit of $774,050. Understanding these limits is essential for prospective buyers and investors looking to leverage FHA-backed financing, providing a clear framework for expected loan amounts.
When considering conventional loans, the highest loan amount you can borrow for a single-family residence is $548,250. For homes featuring two units, the limit rises to $702,000. For properties with three units, the cap is established at $848,500, while for four-unit properties, you can access a loan amount up to $1,054,500. These maximum amounts are fundamental for planning effective financing strategies whether you're purchasing a single property or engaging in multi-unit investments.
To see today’s best FHA rates, utilize our FHA calculator to better understand the corresponding downpayment, assess income requirements, evaluate credit needs, check necessary reserve levels, and prepare relevant documents for eligibility. This tool greatly simplifies the often complex process of preparing for loan applications and enhances your readiness for securing a mortgage.
Explore and compare loan offers from an extensive selection of over 100 lenders to ensure that you find an option that suitably matches your financial profile and meets your home ownership goals. With diverse packages available, your ideal mortgage solution awaits.
The Lendersa® calculator empowers users to effectively compare the rates and terms of FHA loans with those of other comprehensive loan programs. This includes examining Conventional loans, Jumbo loans, VA, USDA, Non-QM, and even hard money loans alongside FHA offerings, allowing you to make well-informed financial decisions tailored to meet your specific circumstances and future objectives.
Lendersa® rapidly collates loan data from a large network of lenders, providing an instant comparison aligned with your financial status and needs. This ensures you are empowered to make quick, informed decisions based on real-time insights from a wide spectrum of potential lenders.
The Loan Limits Comparison Table for 2026 in Cottage-Grove county of Washington, MN provides details on maximum loan amounts across a variety of programs including FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. For a complete understanding of qualification criteria, such as income, reserve levels, and credit requirements, the Lendersa® Super Loan Integrated Qualifier (SLIQ™) offers comprehensive evaluations, ensuring your proficiency in meeting all set standards and securing optimal loan options.
| 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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