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Twin Cities suburbs · MinnesotaMortgage lender in Dakota County, MN
Yes. Stellar Mortgage Corporation, NMLS #2190975, is licensed in Minnesota and makes purchase and refinance loans in Dakota County: conventional, FHA, VA, USDA, jumbo and non-QM. Steve Umansky, NMLS #61764, is our licensed loan officer for Minnesota. For 2026 the one-unit conforming loan limit here is $832,750 and the FHA limit is $552,000.
Reviewed by Steve Umansky, Sr. Branch Manager, NMLS #61764,
Buying in Dakota County
Dakota County, with its county seat in Hastings, also takes in Eagan, Burnsville, Lakeville, Apple Valley, Inver Grove Heights and Rosemount. Dakota County files are handled by Steve Umansky, Sr. Branch Manager, NMLS #61764, who is licensed in Minnesota, from our Southampton, PA office.
- 2026 conforming limit
- $832,750
- 2026 FHA limit
- $552,000 (one-unit, set by HUD)
- Above the conforming limit
- Jumbo pricing
- Closing commonly handled by
- title company
- State housing agency
- Minnesota Housing (general information; not a participating lender)
- Your officer
- Steve Umansky, NMLS #61764
2026 limits for a one-unit property. Dakota County is not designated a high-cost area for conforming loans, so the national baseline of $832,750 applies. Sources: FHFA conforming loan limit values and HUD FHA mortgage limits.
Dakota County: the southern suburbs
Eagan, Burnsville and Apple Valley are established suburbs with a large number of townhome communities, where association dues count in the payment. Lakeville and Rosemount are where most new construction is, so a builder purchase means matching the rate lock to the completion date.
South St. Paul, West St. Paul and Hastings have older homes at more moderate prices. The southern townships, around Farmington, Hampton and Randolph, are rural, with wells and septic systems; Minnesota requires septic systems to meet compliance standards, and many sales include a compliance inspection. Along the Mississippi near Hastings, some properties are in a mapped flood zone.
Dakota County by the numbers
- Median home value
- $381,000 (Census Bureau, ACS 2020–2024, table B25077)
- Typical property tax
- About 0.98% of home value a year: median tax bill $3,749 on a median value of $381,000 (Census Bureau, ACS 2020–2024, table B25103)
- Transfer tax
- Deed tax of 0.33% of the price (Minn. Stat. § 287.21)
- Largest communities
- Lakeville, Eagan, Burnsville, Apple Valley (Census Bureau, ACS 2020–2024, table B01003)
The county median home value is $381,000. The 2026 one-unit conforming loan limit here is $832,750 and the FHA limit is $552,000.
Census figures are survey estimates for owner-occupied homes, not appraisals or tax quotes. We use the actual tax bill for the property when we quote.
Closing and programs in Minnesota
Closings in Minnesota are typically handled by a title company. The closing process, state transfer and recording taxes and first-time buyer programs are covered on the Minnesota page. Property taxes are set locally; we take the figure from the tax record for the address.
Questions Dakota County buyers ask
Does Stellar Mortgage lend in Dakota County, MN?
Yes. Stellar Mortgage Corporation, NMLS #2190975, is licensed in Minnesota and makes purchase and refinance loans in Dakota County: conventional, FHA, VA, USDA, jumbo and non-QM. Steve Umansky, NMLS #61764, is our licensed loan officer for Minnesota and works Minnesota files from our Southampton, PA office by phone, secure portal and e-signature.
What are the 2026 loan limits in Dakota County?
For 2026 the conforming loan limit for a one-unit home in Dakota County is $832,750 and the FHA limit is $552,000. Dakota County is not designated a high-cost area for conforming loans, so the national baseline of $832,750 applies. Limits for two- to four-unit properties are higher.
Is there down payment help for buyers in Dakota County?
The Minnesota Housing runs Minnesota’s homebuyer programs, which can include help with the down payment and closing costs for buyers who meet its income and price limits. Stellar Mortgage is not a participating lender for those programs, so this is general information; the agency’s website lists participating lenders.
Who pays the transfer tax in Dakota County?
The deed tax is 0.33 percent of the price, or 0.34 percent in Hennepin and Ramsey counties. A separate mortgage registry tax applies when the mortgage is recorded. The contract sets who pays the deed tax.
Limits shown are the 2026 FHFA and HUD figures for Dakota County. Loan limits, tax rates and agency programs are set by third parties and change. Not a commitment to lend.
Get pre-approved in Dakota County
Three quick steps, about a minute. No Social Security number, no pay stubs. Steve calls you back, usually the same business day.
Equal Housing Lender · NMLS #2190975 4.94★ · 1,361 verified reviews on Experience.com
“You were always professional, responsive, patient, and helpful, and you made what could have been a stressful process feel smooth and easy.”Yelda A., North Wales, PA · verified review on Experience.com
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