FHA VS Conventional loan in Richfield, Hennepin County, Minnesota
In 2026, the loan limit for conventional mortgages in Richfield, located within the county of Hennepin, MN, is $726,200. Meanwhile, the FHA limit for a single-family home is $515,200.
Leverage the Lendersa® Conventional loan calculator to compare current rates between Conventional, FHA, and USDA options and determine the income, credit, reserves, and documents required for qualification. Using our advanced mortgage calculator, you can view Conforming Conventional, USDA, FHA, and VA loans side by side, assisting you in identifying the best program in MN for your financial situation.
2026 Loan Limits and Down Payment Requirements in Richfield, County of Hennepin, MN
Loan Type
Loan Limit
Down payment
Conventional Conforming
$726,200
3%
USDA
$0
0%
FHA
$515,200
3.5%
This table of comparisons is pertinent to zip codes: 55423
Available Conventional and FHA Loan Options in Richfield, MN
The mission of Lendersa® is to swiftly deliver the optimal Conventional, USDA, or FHA loan with minimal hassle. You can opt for one of three starting paths, each designed to connect you with matching lenders and loan options.
We offer our employees unlimited opportunities for career development, growth and the ability to contribute to the vitality of your community. Our clients choose to bank with us because of our robust product offerings, high-touch service, and commitment and impact in our communities.
Dionna Ward handles your home financing with friendliness and finesse to get you moving forWARD with a mortgage or refinance. She brings her own personal touch to servicing her clients, which puts you at ease and gives you that much-needed assurance that she’s got your back during the entire process. She brokers your home loan with care.
4445 West 77th Street, Suite 210, Edina, MN, 55435
Lends in Minnesota
MetroFMC works hard to establish great working relationships with a wide variety of banks to enable you to have access to some of the lowest mortgage rates available.
We pride ourselves on the training and knowledge we get directly from the banks that will provide you with your loan
7601 France Ave S, Suite 170, Minneapolis, MN, 55435
Lends in Minnesota
The Tradition name represents a continual awareness and respect for the excellence of real estate development, real estate investment and real estate finance services. Tradition Companies is committed to the highest standards of quality, craftsmanship, community involvement and most importantly, a dedication to the customer.
"At Edge Home Finance Corporation, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry.
We work with many wholesale lenders that provide a wide variety of products such as Conventional, FHA, VA and HARP 2.0."
"Rainbow Mortgage Inc. is owned and operated by local mortgage advisors Gale and David Jamison. Prior to starting Rainbow Mortgage Inc., David worked for a Fortune 500 company as a Sales Manager/Senior Underwriter in a division that closed over 1000 loans per month. David worked as an Alternative Loan Specialist with Wells Fargo."
Toro Federal Employees Credit Union offers comprehensive financial services to Toro employees who live in the United States, as well as their immediate family members. Immediate family members include: spouses, children, stepchildren, parents, grandparents, grandchildren, brothers and sisters.
8053 East Bloomington Freeway, Suite 300, Bloomington, MN, 55420
Lends in Minnesota
Superior Financing, Inc. is a small independent brokerage firm with national investor alliances for favorable (enhanced) pricing. Superior Financing, Inc. utilizes state of the art industry leading software and technology for streamline applications, processing and underwriting for a smooth process and enjoyable experience.
Our mission is to provide simple and fairly priced financial tools that allow members to save, borrow, and transact. We do this by engaging, educating and supporting our members to ensure they have the means to make their lives better.
Our vision is to create a financial institution that people respect, admire.
