FHA VS Conventional loan programs in Mound, Hennepin County, Minnesota

In 2026, for Mound located in Hennepin county, MN, the Conventional loan limit is $726,200, whereas the FHA limit for a single-family home is set at $515,200.

Utilize the Lendersa® Conventional loan calculator to compare today's best rates between Conventional, FHA, and USDA. Assess necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator allows you to view Conforming Conventional, USDA, FHA, and VA loans side by side, helping you decide which program in MN fits your particular financial scenario best.

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2026 Loan Limits and Downpayment Requirements in Mound, Hennepin, MN

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

This table applies to the zip codes: 55364

Explore Conventional and FHA Loan Options in Mound, MN

Lendersa® aims to seamlessly connect you with the best possible Conventional, USDA, or FHA loan. Start with one of these three pathways that guide you to matching lenders and loan programs:

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Mound Lenders

  • Nationwide Mortgage Consultants Inc
  • 4165 Shoreline Drive, Suite 40b, Spring Park, MN, 55384
  • Lends in Minnesota
  • Buying a home or refinancing is one of the largest financial decisions you will make in your life - and unfortunately, this means you may experience some stress as you approach these decisions. As in many other industries, the mortgage industry has more than its share of unethical individuals that are out to make a buck

  • Bank of Maple Plain
  • 4980 Highway 12, Maple Plain, MN, 55359
  • Lends in Minnesota
  • Bank of Maple Plain, one of Minnesota's longest standing institutions, is just that kind of bank. Since 1905, they've been providing customers like you with excellent banking service. Open a checking or savings account here for safe and secure banking. We offer a wide array of products and services for consumers as well as business customers.

  • Antler Home Mortgage
  • 9490 Cottontail Drive, Minnetrista, MN, 55375
  • Lends in Minnesota
  • Antler Home Mortgage, LLC. was formed to offer borrowers a high-quality low-cost mortgage experience. AHM has partnered with the best mortgage lenders in the industry to provide a smooth transaction at a below market interest rate. So regardless of your scenario, choose a professional from Antler Home Mortgage to be on your side.

  • Lake Community Bank
  • 1964 West Wayzata Boulevard, Long Lake, MN, 55356
  • Lends in Minnesota
  • In 1905, our Bank was founded with a commitment to be the best Hometown Bank and serve the needs of the local community. As our community has grown, so have we. A lot has changed over the years, but our commitment has not. We’re proud to be a local, independent community bank, and we’re here to deliver our best for you.

  • 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.

  • Renovo Capital LLC
  • 407 Lake Street East, Suite 201, Wayzata, MN, 55391
  • Lends in Minnesota
  • Renovo Capital, LLC is a non-traditional portfolio lender providing financing to builders and real estate investors. Non-traditional financing is non-bank financing often referred to as hard money or private money lending. As a portfolio lender, we own and service all of the loans we originate

  • 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.

  • 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.