In 2025, the FHA loan limits for Savage county, part of Scott, MN, are as follows: the limit for a single-family home is set at $515,200. For properties with two units, the maximum loan amount is $659,550. If you're looking at three-unit properties, the allowable limit increases to $797,250, and for four-unit residences, it rises to $990,800. These limits are important for potential buyers considering FHA loans, as they outline the scope of possible financing available for various property configurations.
For those opting for conventional loans, the highest achievable loan amount for a single-family residence is $726,200. For two-unit properties, the limit goes up to $929,850. When it comes to three-unit dwellings, the cap is established at $1,123,900, and for four-unit homes, the limit extends to $1,396,800. These numbers are crucial for structuring realistic financial plans and understanding how conventional financing compares and contrasts with FHA options.
Use our FHA calculator to explore today’s best rates for FHA loans and to determine what downpayments will be needed. Additionally, assess necessary income levels, credit requirements, reserves, and gather the documents essential for eligibility. This tool will provide valuable insights and help streamline your preparation for obtaining a mortgage.
Explore extensive loan offers from a network of more than 100 lenders to find the loan product that aligns perfectly with your financial needs and property goals, ensuring an informed choice for your investment.
The Lendersa® calculator offers a comprehensive means of comparing the rates and terms of FHA loans with those of other prominent loan programs. This includes comparing them with Conventional loans, which provide flexible financing options for many needs; Jumbo loans for larger mortgages; VA loans tailored for veterans; USDA loans that support rural homebuyers; Non-QM loans for those with non-traditional financial records; and hard money loans, beneficial for real estate investors requiring fast funding.
By efficiently aggregating and analyzing data from a vast array of lenders, Lendersa® swiftly matches this information with your financial profile, providing tailored insights that facilitate well-informed decision making regarding your financings.
The Loan Limits Comparison Table for 2025 in Savage county of Scott, MN offers a detailed look at maximum allowable loans for FHA, Conventional, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money categories. For deeper analysis of qualification criteria, including income levels, credit history, and reserves, leverage the insights from the Lendersa® Super Loan Integrated Qualifier (SLIQ™) for expert guidance and direction.
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $515,200 | $659,550 | $797,250 | $990,800 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| USDA | $358,800 | $358,800 | $358,800 | $358,800 |
| VA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| 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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