Explore the differences! FHA VS Conventional loan programs in Hopkins, Hennepin County, Minnesota

As of 2026, the limit for conventional loans in Hopkins, Hennepin county, MN is $726,200, whereas the FHA loan limit stands at $515,200 for single-family homes.

Utilize the Lendersa® Conventional loan calculator to contrast conventional, FHA, and USDA rates available today, helping you understand the required income, credit, reserves, and documentation. With our sophisticated mortgage calculator, compare side by side the conforming conventional, USDA, FHA, and VA loans to decide the optimal program for your financial situation in MN.

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2026 Loan Limits and Downpayment Requirements in Hopkins, Hennepin County, MN

Loan Type Loan Limit Down Payment
Conforming Conventional $726,200 3%
USDA $0 0%
FHA $515,200 3.5%

This comparison is relevant for zip codes: 55305

Exploring Conventional and FHA Loan Options in Hopkins, MN

At Lendersa®, our mission is to quickly and seamlessly secure you the best conventional, USDA, or FHA loan options. Choose from three starting methods leading to matched lenders and loan programs.

Lendersa USDA loan request outcomes


Hopkins Lenders

  • West Metro Schools Credit Union
  • 1001 Highway 7, Room 249, Hopkins, MN, 55305
  • Lends in Minnesota
  • West Metro Schools Credit Union was formed December 31, 2008 with the merger of Hopkins Schools Credit Union and Edina Schools Credit Union. Membership is open to all employees of Hopkins, Edina and Wayzata Public Schools, their families and household members. Students of Hopkins and Edina school districts are eligible also.

  • Envision Capital, Inc
  • 10590 Wayzata Blvd, Suite 160, Minnetonka, MN, 55305
  • Lends in Minnesota
  • Envision Capital is the dependable place to go when in need of a home loan.

    Our expert loan officers are readily available to find their clients competitive rates to finance a home purchase. Mortgage fees are often less than other lenders given that the Envision Capital model facilitates minimal overhead.

  • Onward Financing LLC
  • 6130 Blue Circle Drive, Suite 200, Minnetonka, MN, 55343
  • Lends in Minnesota
  • Onward Financing uses dedicated, private capital along with the traditional mortgage market to enable home financing options that traditional sources won’t allow. We help qualified borrowers buy the home they want without paying multiple mortgages, moving twice, or risk not qualifying for a traditional mortgage

  • Executive Mortgage Brokers, LLC
  • 12800 Whitewater Drive, Suite 100, Minnetonka, MN, 55343
  • Lends in Minnesota
  • Executive Mortgage Brokers, LLC is committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential lending industry by applying online today. Whether you looking for Purchase, Refinance, or Specialized Loans, we can do it.

  • Freedom Mortgage
  • 12701 Whitewater Dr, Suite 300, Hopkins, MN, 55343
  • Lends in Minnesota
  • Freedom Mortgage is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to age, race, color, religion, gender, sexual orientation, disability, or national origin. Local applicants are encouraged to apply.

  • Edge Home Finance Corporation
  • 5868 Baker Road, Minnetonka, MN, 55345
  • Lends in Minnesota
  • Edge Home Finance Corporation offers personalized mortgage solutions tailored to unique financial needs. I personally have been a loan officer for 23 years and can work with all types of clients . As a trailblazer in the mortgage industry, our innovative approach ensures clients achieve their dream of homeownership seamlessly and efficiently.

  • US Mortgage Investments
  • 5201 Eden Avenue, Edina, MN, 55436
  • Lends in Minnesota
  • Us Mortgage Inv. offers a best in class Mortgage experience.
    -Competitive pricing
    - Speed to close
    - Best in class VA Loan pricing
    - Integrity
    US Mortgage Investments to find the mortgage loan that works best for you. With a professional yet friendly approach, we help you feel comfortable about what can be a stressful process.

  • Bridgewater Bank
  • 4450 Excelsior Blvd, St. Louis Park, MN, 55416
  • Lends in Minnesota
  • It all started with a vision in 2005. That vision was to create a full-service, entrepreneurial bank where answers came quickly, opportunities were plentiful, and the environment was positive and optimistic. It would be an unconventional bank where clients would notice a difference and people would be challenged to grow.

  • Renovo Capital, LLC
  • 407 Lake St E, Suite 201, Wayzata, MN, 55391
  • Lends in Minnesota
  • At Renovo Capital, LLC our goal is to add value for clients by providing simple financing solutions. We are a small team that is based in the western suburbs or Minneapolis and all have deep-rooted interests in different aspects of real estate and construction that we use to help clients achieve their goals.