Minnesota Mortgage Lender

Minnesota, often referred to as the "Land of 10,000 Lakes," is a state located in the Midwestern region of the United States. Minnesota has a diverse range of cities and towns. The Twin Cities metropolitan area, comprising Minneapolis and St. Paul, is the largest urban area in the state and a hub for commerce, culture, and entertainment featuring the Mall of America in the city of Bloomington Minnesota which is one of the largest shopping and entertainment complexes in the world.  Other notable cities include Saint Cloud, Duluth, Rochester, and Mankato, each offering its own unique attractions and amenities.

Minnesota loan limits for Conventional, FHA, USDA, and VA loans can vary and are subject to change annually. These limits are typically set by government agencies or loan guarantor entities and depend on factors such as the type of loan, the county or area in which the property is located, and other criteria. The baseline conforming loan limit for 2023 is $726,200 – up from $647,200 in 2022 for a primary single-family residence. Currently the median sales price for the Twin Cities Metro area is $379,000 up from $225,000 in 2000. The state ranking housing affordability in 2023 puts it at 25th current nationally. The affordability varies from city manufacturing, retail and services provided local employment trends.

To obtain the most accurate and up-to-date loan limit information for Minnesota, it is recommended to consult with a mortgage broker who can provide specific details based on your unique circumstances. They will have access to the latest loan limit guidelines and can assist you in determining the applicable limits for the loan programs you are interested in.

Home prices in Minnesota vary depending on the location, with higher prices typically found in the Twin Cities metropolitan area. In recent years, the housing market in Minnesota has experienced overall appreciation, though at a more moderate pace compared to some other regions in the country. However, it's important to note that specific trends can vary by city, neighborhood, and property type.

Like many other regions in the United States, Minnesota has experienced a shortage of housing inventory in recent years. The demand for housing has outpaced the supply, leading to a competitive market, particularly in desirable neighborhoods and price ranges. Low housing inventory can contribute to increased competition among buyers and potentially lead to multiple offers and faster sales.

Minnesota offers a variety of housing types to meet the needs of different buyers. This includes single-family homes, townhouses, condos, apartments, and even rural properties. The availability and popularity of different housing types can vary across the state, with urban areas typically offering a greater range of options.

About Us


  • Experienced and Seasoned Ownership and Operations Team
  • Broker through a Variety of Wholesale Lenders
  • NMLS and SAFE Licensed Mortgage Consultants

 We are committed to building a diverse workforce of talented individuals who embody our mission to bring smart perspectives and practical outcomes to our clients. At our core, we believe diversity and inclusion are table stakes and work each day to promote these values through a variety of initiatives, activities and organizations.

M&M Mortgage, LLC

1700 West Highway 36
Roseville, MN 55113
Phone: (651) 639-9806
Fax: (651) 829-3226
Email: mkopiecki@themmmortgage.com