Mortgage lender in Scott County, MN

Buying in Scott County

Scott County, with its county seat in Shakopee, also takes in Savage, Prior Lake, Jordan, Belle Plaine and New Prague. Scott 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. Scott 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.

Scott County: Shakopee, Savage and Prior Lake

Shakopee, Savage and Prior Lake hold most of the county’s population and much of its newer housing, in subdivisions and townhome communities with association dues. Homes on Prior Lake and Spring Lake are priced well above the rest, and whether a lake home is a primary residence or a second home decides the loan.

Jordan, Belle Plaine and New Prague are small towns with lower prices, surrounded by farmland where wells and septic systems are standard and some addresses fall inside the USDA eligibility map. Along the Minnesota River, in parts of Shakopee, Savage and Jordan, some properties are in a mapped flood zone.

Scott County by the numbers

Median home value

$419,400 (Census Bureau, ACS 2020–2024, table B25077)

Typical property tax

About 1.01% of home value a year: median tax bill $4,230 on a median value of $419,400 (Census Bureau, ACS 2020–2024, table B25103)

Transfer tax

Deed tax of 0.33% of the price (Minn. Stat. § 287.21)

Largest communities

Shakopee, Savage, Prior Lake, Belle Plaine (Census Bureau, ACS 2020–2024, table B01003)

The county median home value is $419,400. 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 Scott County buyers ask

Limits shown are the 2026 FHFA and HUD figures for Scott County. Loan limits, tax rates and agency programs are set by third parties and change. Not a commitment to lend.