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Updated: December 2, 2024
2025 Mortgage Loan Limits: Clay County, Minnesota
Property Type
2025 Loan Limit
1-Unit Homes
$806,500
2-Unit Homes
$1,032,650
3-Unit Homes
$1,248,150
4-Unit Homes
$1,551,250
Source: Federal Housing Finance Agency; Federal Housing Administration
Clay County, Minnesota, mortgage loan limits apply in:
Historical Charts: Mortgage Loan Limits in Clay County, Minnesota
Mortgage loan limits adjust annually to match changes in U.S. home values. As home values go up or down in Clay County, so do the local loan limits. Changes in mortgage loan limits promote affordable homeownership, fair lending, and a balanced housing market.
Mortgage Statistics from Clay County, Minnesota
Mortgage statistics for Clay County, sourced from the Home Mortgage Disclosure Act (HMDA) database, maintained by the Federal Financial Institutions Examination Council (FFIEC). The HMDA database contains detailed, anonymous loan data and provides insight into home buyer traits, mortgage borrowing patterns, and mortgage approval rates. Percentages may not total 100% due to rounding.
Mortgages
Total
Purchase Mortgages (2018-2023)
4908
Loan Type
Relative Share
Conventional
75.39%
FHA
14.24%
VA
8.35%
USDA
2.02%
Property Type
Relative Share
1-Unit Homes
99.08%
2-Unit Homes
0.53%
3-Unit Homes
0.02%
4-Unit Homes
0.37%
Borrower Status
Relative Share
One Applicant
49.02%
Two or More Applicants
50.98%
Gender
Relative Share
Male
29.73%
Female
19.15%
Joint Sex
45.99%
Not Available
5.13%
Race
Relative Share
American Indian / Alaska Native
0.69%
Asian
1.20%
Black / African American
2.57%
Native Hawaiian / Other Pacific Islander
0.06%
White
86.04%
Mixed Race
1.94%
Other Race
7.50%
Ethnicity
Relative Share
Hispanic or Latino
1.77%
Not Hispanic or Latino
87.35%
Joint Ethnicity
1.34%
Other Ethnicity
9.54%
Clay County data represents closed-end, first-lien purchase mortgages for 1-4 unit residential properties since 2018. Source: FFIEC Home Mortgage Disclosure Act
Mortgage Loan Limits Near Clay County, Minnesota
Get 2025 conforming and FHA mortgage loan limits for the areas surrounding Clay County, Minnesota. Local loan limits and county-level mortgage data updated regularly.
