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MN

Minnesota

2024 Loan Rules & Limits

📊 Loan Limits (2024)

Conforming Limit
$766,550
FHFA single-family baseline
FHA Floor
$498,257
HUD single-family baseline

💰 Tax Climate

State Income Tax
Yes

🏛️ State Housing Agency

MHFA

Available Programs

  • Start Up Loan
  • Step Up Loan
  • MHFA DPA

📋 Lending Notes

Standard limits statewide. Twin Cities market is strong. Minnesota has one of the most comprehensive first-time buyer programs in the country.

Loan limits effective January 1, 2024. Actual limits vary by county. Always verify current limits with your lender or at hud.gov and fhfa.gov.