MN mortgage rates

Sherburne County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Sherburne 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

Sherburne 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$552,000
2 units$706,650
3 units$854,200
4 units$1,061,550

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 Sherburne 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 Sherburne

A local view of the market.

Sherburne County's real estate market is experiencing growth, with the median home sold price reaching $369,975 in October 2024, marking a 4.2% increase from the previous year. The median price per square foot is $183, reflecting the county's status as a seller's market where homes sell relatively quickly and often above the asking price. The county includes several notable cities, with Elk River being the largest, boasting a population of approximately 25,000 residents. Other significant cities include Big Lake and Zimmerman, each with populations around 10,000 to 15,000. These cities offer a mix of suburban and semi-rural living environments, attracting families and individuals seeking a balance between urban amenities and a quieter lifestyle. Living in Sherburne County offers a blend of suburban and rural experiences, with agriculture playing a significant role in the local economy alongside industries such as manufacturing and retail. The county's appeal lies in its affordable housing, access to natural landscapes, and a strong sense of community, making it an attractive destination for those looking to escape the hustle and bustle of larger metropolitan areas while still being within commuting distance to the Twin Cities.

County snapshot

Market context.

MN

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

Market areaMinneapolis-St. Paul-BloomingtonMapped market area
Area code33460CBSA / MSA reference
Featured communityElk RiverFrom the county record
Data year2026Aligned with this limit record
Elk River
Top cities & communities

Communities to explore.

Elk River
Questions & Answers

Refinancing in Sherburne County

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

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