5 min readUpdated December 8, 2026

Minnesota Reverse Mortgage Guide (2026)

Everything Minnesota homeowners need to know about accessing equity, state laws, and lending limits.

Avg Home Value

$345,000

Lending Limit

$1,209,750

Minnesota Housing Market Analysis

The housing market in Minnesota is stable, with average values sitting at $345,000. This places most homeowners comfortably within the FHA's lending limits, ensuring you get the full benefit of federal insurance protections.

Loan Limits in Minnesota

For 2026, the federal lending limit is $1,209,750.

Since the median home value in Minnesota is below this cap, your loan amount will be determined strictly by your age and current interest rates, not by the lending cap.

Specific Laws for Minnesota

Minnesota has specific regulations that go beyond federal HUD guidelines:

Minnesota requires lenders to provide a "suitability" disclosure to ensure the loan meets borrower needs.

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Written by the Equity Access Team

Our content is reviewed by licensed mortgage specialists to ensure accuracy with 2025 HUD/FHA guidelines.