Mortgage loans for buyers across Minnesota.
Ky Kelvie is licensed to originate mortgages statewide, working as a broker who shops your scenario across multiple wholesale lenders instead of one bank's rate sheet.
No SSN required. Zero impact to credit.
Where the Minnesota market stands right now
As of June 2026 (the most recent month reported), Minnesota's statewide median sale price sits at $375,000, up 1.4% from a year earlier. The Twin Cities metro runs higher at roughly $410,000, up 2.1%. New listings are climbing too, which is giving buyers more room to negotiate than the market allowed a few years ago. It's not a buyer's market yet, but it's not the frenzy it was either.
Loan limits and programs vary by county
Conforming and FHA loan limits are set per county, not statewide, so the number that applies to you depends on where in Minnesota you're buying. Hennepin County, for example, carries a 2026 conforming limit of $832,750 and an FHA limit of $552,000 for a single-family home. Other counties run lower. Ky will confirm the exact limits for your target area before you shop.
Minnesota Housing also runs statewide down payment assistance programs worth knowing about: Start Up for first-time buyers (DPA/closing-cost loan up to $17,000, with a metro purchase-price cap of $340,000) and Step Up for repeat buyers (a deferred 0% APR loan up to $16,500, or $18,000 under the Plus option for eligible buyers). Ky and Edge Home Finance are headquartered in Minnetonka, in the west metro.
- ✓ Licensed to originate mortgages anywhere in Minnesota
- ✓ Broker access to multiple wholesale lenders, not one bank's rate sheet
- ✓ County-specific loan limits confirmed before you shop
- ✓ Statewide down payment assistance programs, explained in plain English
Getting your Minnesota mortgage started
Four steps, explained in plain English at every one.
Quick qualifier
Complete the simple Purchase Loan Qualifier. It takes about a minute and there's no credit pull.
Real options
Receive loan options based on your actual criteria and scenario, not teaser rates.
Compare together
Ky walks you through rates and terms side by side, in plain English, until it all makes sense.
Choose with confidence
Pick the offer that fits your budget and timeline. Most purchases close within 30-45 days.
Loan programs available in Minnesota
Take a look at the programs Ky works with most. Not sure which fits? That is exactly what he is here for.
Common questions from Minnesota homebuyers
Have one that's not here? Just reach out.
Does Ky work with buyers anywhere in Minnesota, or just the Twin Cities?
Ky is licensed statewide, so he works with buyers anywhere in Minnesota, not just the metro. He is based in Minnetonka and most familiar with the Twin Cities market, but loan limits and programs are confirmed for whichever county you're buying in.
Why do loan limits change by county?
Conforming and FHA loan limits are set annually based on local home values in each county, so higher-cost counties get higher limits. Hennepin County's 2026 conforming limit is $832,750; other Minnesota counties are set lower based on their own median values.
What down payment assistance is available in Minnesota?
Minnesota Housing runs the Start Up program for first-time buyers and Step Up for repeat buyers, both offering low-cost or deferred financing to help with down payment and closing costs. Eligibility depends on income, purchase price, and household size, and Ky can confirm what you qualify for.
Is now a good time to buy in Minnesota?
Statewide prices are up modestly (1.4% year-over-year as of June 2026) and inventory is improving, which gives buyers more negotiating room than in recent years. Whether it's the right time for you depends more on your own finances and timeline than on market timing.
Does Ky handle refinancing for Minnesota homeowners too?
Yes. Rate-and-term and cash-out refinancing are available statewide, with the same county-by-county loan limits applying to refinances as to purchases.
Ready to see your Minnesota mortgage options?
Get a no-cost quote and an honest read on what you qualify for, wherever in Minnesota you're buying.
Quick • No credit pull • Just real numbers
All loans subject to credit approval. Rates, program terms, and conditions are subject to change without notice. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations may apply. This is not a commitment to lend. Licensed in Minnesota.