MN mortgage rates

Freeborn County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Freeborn County, Minnesota. Use the verified baseline numbers below to calculate your refinance payment, evaluate your home equity, and monitor when rate alerts make refinancing advantageous.

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2026 limits

2026 Mortgage Loan Limits

Freeborn County

Conforming Loan Limits

Per property
1 unit$832,750
2 units$1,066,250
3 units$1,288,800
4 units$1,601,750

FHA Loan Limits

Per property
1 unit$541,287
2 units$693,050
3 units$837,700
4 units$1,041,125

Source: Official Federal Housing Finance Agency (FHFA) and HUD loan limit schedules. Conforming data represents conventional maximums. Last synchronized: 2026 update cycle.

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Refinance Payment Estimate

Estimate Your Refinance in Freeborn County

Use your current mortgage details to estimate a new refinance payment and potential monthly savings.

Estimated New Monthly Payment$2,528Principal & interest only
Home value − mortgage balance
Mortgage balance ÷ home value
Added to the proposed new loan
Proposed New Loan Amount$400,000
Estimated New Payment$2,528
Estimated Monthly SavingsAdd current rate

Estimates include principal and interest only. Taxes, insurance, closing costs, and mortgage insurance are not included.

About Freeborn

A local view of the market.

The real estate market in Freeborn County, Minnesota, is experiencing a seller's market with a median home sold price of $159,966 as of October 2024, which is a 3.1% decrease from the previous year. The median price per square foot is $108, and homes are selling faster, with an average of 33 days on the market, down 30.2% from last year. Albert Lea is the largest city in Freeborn County, with a population of approximately 17,500. Other notable cities include Alden, Glenville, and Hartland, which are smaller but contribute to the county's rural charm. Freeborn County offers a mix of rural and suburban living, with agriculture being a significant industry. The county's landscape includes farms and open spaces, attracting those seeking a quieter, more rural lifestyle. The top industries include agriculture, manufacturing, and healthcare. People may be moving to Freeborn County for its affordable housing, slower pace of life, and community-oriented environment.

County snapshot

Market context.

MN

Public location data associated with this county record. Optional fields are shown only when present in the source.

Market areaAlbert LeaMapped market area
Area code10660CBSA / MSA reference
Data year2026Aligned with this limit record
Questions & Answers

Refinancing in Freeborn County

Common questions about 2026 loan limits and refinancing opportunities in Minnesota.

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