Mortgage loans in Minnetonka, MN.
Ky Kelvie is headquartered right in Minnetonka, in Hennepin County about 10 miles west of Minneapolis, and works with buyers across the Lake Minnetonka area and the wider Twin Cities.
No SSN required. Zero impact to credit.
Where the Minnetonka market stands right now
As of July 2026, Minnetonka's median home sale price runs around $512,000, with homes spending a median of 27 days on the market, about flat compared to a year ago. Minnetonka is an affluent Hennepin County suburb anchored by major employers like Cargill and UnitedHealth Group, with Lake Minnetonka giving parts of the city an upscale lake-community feel alongside its corporate base.
What Hennepin County loan limits mean for your purchase
Minnetonka sits in Hennepin County, which carries a 2026 conforming loan limit of $832,750 and an FHA loan limit of $552,000 for a single-family home. Most Minnetonka purchases fall within those limits, but higher-priced properties, common near Lake Minnetonka, may need a jumbo loan instead.
Minnesota Housing's statewide down payment assistance programs apply here too: Start Up for first-time buyers and Step Up for repeat buyers, both worth checking regardless of whether you're buying your first home in Minnetonka or moving within it. Buying elsewhere in the state? Ky is licensed across Minnesota, not just the west metro.
- ✓ Headquartered right in Minnetonka, not a call center out of state
- ✓ Hennepin County loan limits and jumbo thresholds confirmed upfront
- ✓ Broker access to multiple wholesale lenders for the best fit
- ✓ Local familiarity with the Lake Minnetonka and west-metro market
Ky's Minnetonka office
5860 Baker Road, Minnetonka, MN 55345
Getting your Minnetonka 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 Minnetonka
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 Minnetonka homebuyers
Have one that's not here? Just reach out.
Is Ky actually based in Minnetonka, or just licensed to work there?
Ky and Edge Home Finance are headquartered at 5860 Baker Road in Minnetonka. This is home turf, not just a service area on a map.
What loan limits apply to a home purchase in Minnetonka?
Minnetonka is in Hennepin County, which has a 2026 conforming loan limit of $832,750 and an FHA loan limit of $552,000 for a single-family home. Properties priced above the conforming limit, which isn't unusual near Lake Minnetonka, typically need a jumbo loan.
Can I get a jumbo loan for a home near Lake Minnetonka?
Yes. Jumbo financing is available for properties that exceed Hennepin County's conforming loan limit, which is common for lakefront and larger Minnetonka properties. Ky can walk you through the qualification differences versus a conventional loan.
How competitive is the Minnetonka market right now?
Homes are spending a median of 27 days on the market as of July 2026, about flat compared to a year ago, meaning it's neither a rock-bottom-inventory frenzy nor a slow buyer's market. Getting pre-approved before you shop still matters in a market this pace.
Does down payment assistance apply in Minnetonka?
Minnesota Housing's Start Up and Step Up programs are statewide, so they apply in Minnetonka too, subject to the same income and purchase-price eligibility rules that apply anywhere in the metro.
Ready to see your Minnetonka mortgage options?
Get a no-cost quote from a loan officer who works right here in Minnetonka, not a call center in another state.
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.