Mortgage Options in the State of Minnesota

Minnesota, also known as the Land of 10,000 Lakes, is world-renowned for its water sports, like fishing, canoeing, fishing, and water skiing. Minnesota is also lauded for it's citizens' high level of education, physical fitness, and civic activism -- which all make it a great place to buy a home in 2018. Fortunately, our local team of home loan and home finance experts is ready and waiting to educate you about all the basics of purchasing a home in Minnesota. Right now, the Minnesota median home value is $264,000, just a little more than the U.S. median home listing price of $261,500. 

One of the priciest places to purchase a home in Minnesota is Edina, where the median listing price is $693,500, nearly three times more than the statewide median. Other somewhat expensive areas in Minnesota include Minnetonka, with a median home listing price of $399,950, and Eden Prairie, with a median home listing price of $444,900. In comparison, in St. Paul, the state's capital, the average listing price is only $214,900.

We created home.loans in order to guide you through every stage of the home purchase process -- and our team is excited to help you buy a home with confidence. Maybe you're looking for advice on how to buy your first home, or perhaps you want to utilize a government loan program like a USDAVA or FHA loan. Or, you might want to tap the equity in your home through a home equity loan or HELOC. Either way, we can't wait to help you gain financial insight throughout your home buying journey.


To learn about Minnesota home loan options, just Fill out the form below and a Friendly home.loans specialist will get in touch. 

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