Minnesota Conventional Loan Limits in 2024
Explore the 2024 Conventional Loan Limits in Minnesota, covering different property types and counties. Find out the maximum loan amounts for one-unit, two-unit, three-unit, and four-unit properties, helping understand financing options in Minnesota for the year 2024.
| County name | One-Unit | Two-Unit | Three-Unit | Four-Unit |
|---|---|---|---|---|
| Aitkin County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Anoka County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Becker County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Beltrami County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Benton County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Big Stone County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Blue Earth County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Brown County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Carlton County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Carver County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Cass County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Chippewa County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Chisago County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Clay County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Clearwater County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Cook County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Cottonwood County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Crow Wing County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Dakota County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Dodge County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Douglas County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Faribault County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Fillmore County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Freeborn County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Goodhue County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Grant County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Hennepin County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Houston County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Hubbard County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Isanti County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Itasca County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Jackson County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Kanabec County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Kandiyohi County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Kittson County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Koochiching County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Lac Qui Parle County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Lake County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Lake Of The Woods County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Le Sueur County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Lincoln County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Lyon County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Mcleod County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Mahnomen County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Marshall County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Martin County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Meeker County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Mille Lacs County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Morrison County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Mower County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Murray County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Nicollet County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Nobles County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Norman County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Olmsted County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Otter Tail County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Pennington County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Pine County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Pipestone County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Polk County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Pope County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Ramsey County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Red Lake County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Redwood County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Renville County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Rice County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Rock County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Roseau County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| St. Louis County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Scott County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Sherburne County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Sibley County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Stearns County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Steele County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Stevens County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Swift County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Todd County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Traverse County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Wabasha County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Wadena County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Waseca County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Washington County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Watonwan County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Wilkin County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Winona County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Wright County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
| Yellow Medicine County | $766,550 | $981,500 | $1,186,350 | $1,474,400 |
Summary of Minnesota Conventional Loan Limits in 2024
Minnesota Conventional Loan Limits for 2024 have been established to determine the maximum loan amounts that lenders can offer while still conforming to guidelines set by Fannie Mae and Freddie Mac. These limits vary depending on the type of property and the number of units it contains.
Here are the minimum and maximum loan limits for each unit type:
- One-Unit Limit: $766,550 - $766,550
- Two-Unit Limit: $981,500 - $981,500
- Three-Unit Limit: $1,186,350 - $1,186,350
- Four-Unit Limit: $1,474,400 - $1,474,400
Notes:
- One-Unit is a single family home or condominium
- Two-Unit is two separate living units (duplex)
- Three-Unit three separate living units (triplex)
- Four-Unit four separate living units (fourplex)