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FHA Loan Limits in Mower County, Minnesota (2026)

From Mower County, FHA buyers in Mower County can finance a one-unit home up to $541,287 with 3.5% down in 2026. That matches the national FHA floor used across most of the Midwest.

Property Type2026 FHA Loan Limit
One-unit (single family)$541,287
Two-unit (duplex)$692,997
Three-unit (triplex)$837,720
Four-unit (fourplex)$1,041,072

From Mower County to the edges of Mower County, the figures above govern FHA borrowing; buyers here frequently compare them with nearby Hennepin and Ramsey Counties.

What can you buy with FHA in Mower County?

An FHA buyer near Mower County faces an estimated $394,000 median, a $13,790 down payment, and — after Minnesota's 1.11% property tax — a monthly cost around $3,037. That suits household income of roughly $118,000, above Minnesota's $84,313 median household income, so budget carefully.

FHA payment scenarios in Mower County

Whether you are buying in Mower County or a smaller Mower County community, here is how an FHA payment scales by price (3.5% down, 6.25% sample rate):

Purchase PriceDown (3.5%)Est. Monthly Payment
Entry-level — $284,000$9,940$2,222
Local median — $394,000$13,790$3,037
At the FHA limit — $541,287$18,945$4,129

Estimates include FHA MIP plus Minnesota property taxes and insurance. Rates move daily near Mower County too — get notified.

First-time buyers make up much of FHA activity in Mower County and across Mower County, drawn by the 3.5% down payment, 580 minimum score, and the option to use gift funds toward the $13,790 needed on a median Mower County home.

Multi-unit FHA limits in Mower County

Investors and house-hackers in Mower County and across Mower County can finance 2-4 unit homes with FHA at just 3.5% down: $692,997 for a duplex, $837,720 for a triplex, and $1,041,072 for a fourplex.

For Mower County households near Mower County (the Midwest median income $84,313), FHA's lenient credit and low down payment make buying realistic; many pair it with local down-payment assistance.

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Frequently Asked Questions

What is the FHA loan limit in Mower County for 2026?
In Mower County (Mower County), the 2026 FHA limit is $541,287 for one unit, $692,997 for a duplex, $837,720 for a triplex, and $1,041,072 for a fourplex.
What income do I need to buy in Mower County with FHA?
For a median-priced ($394,000) Mower County home, plan on income around $118,000 at a 31% housing ratio — about $3,037/month including taxes, insurance, and MIP.
How much is the FHA down payment in Mower County?
3.5% with a 580+ score — roughly $13,790 on a $394,000 Mower County-area home. Gift funds are allowed.
Is Mower County a high-cost FHA area?
No — Mower County uses the $541,287 national floor for one unit.

FHA loan limits near Mower County