Explore the differences! FHA VS Conventional loan programs in Algonquin, McHenry County, Illinois

In 2025, the Conventional loan limit for Algonquin, situated in McHenry county, IL, is $726,200, whereas the FHA loan limit for a single-family home is $472,030.

Utilize the Lendersa® Conventional loan calculator to compare today's rates for Conventional, FHA, and USDA loans. Assess the required income, credit, reserves, and documentation for qualification. Our advanced mortgage calculator lets you see Conforming Conventional loans, USDA, FHA, and VA options side by side, helping identify which program in IL suits your financial needs best.

Review loan offers from a diverse selection of 100 lenders

2025 Loan Limits and Downpayment Requirements in Algonquin, McHenry, IL

Loan Type Loan Limit Down payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

This comparison table is applicable to zip codes: 60102

Explore Conventional and FHA Loan Choices in Algonquin, IL

The aim at Lendersa® is to provide the best available Conventional, USDA, or FHA loans quickly and easily. Opt from three starting points to connect with lenders and find suitable loan programs.

Results for Lendersa USDA loan requests


  • Utah Community Credit Union
  • PO Box 1900, Provo, UT, 84603
  • Utah Community Credit Union is an organization rooted in the credit union philosophy of “people helping people” and built on traditional values of commitment to outstanding service, respect for others, and fiscal responsibility. We hold ourselves to the highest standards of honesty.
  • Creekside Mortgage
  • 1982 West Pleasant Grove Blvd, Suite K, Pleasant Grove, UT, 84062
  • Creekside Mortgage mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • Rush Lending Inc
  • 8410 Northeast 1st Place, Suite 100, Miami, FL, 33138
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • Preferred Mortgage
  • 201 N.E. 95th St., Miami, FL, 33138
  • At Preferred Mortgage, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options
  • First Trust Capital
  • 7100 Biscayne Boulevard, Suite 206, Gulf Breeze, FL, 33138
  • "First Trust Capital has been in business for many years. We specialize in residential and commercial loans targeting a broad range of customers. We can fund loans anywhere in the state of Florida. We have access to a number of lenders and offer the most variety in loan programs.Established in 1992.
  • Swiftlend.com Mortgage
  • 771 NE 82nd St, Miami, FL, 33138
  • Swiftlend.com Mortgage is the local mortgage company clients come for cutting edge mortgage rates with great service and knowledge of the local market. We specialize in Condominium Financing, Conventional, FHA and Private mortgages. We’ve been true to this commitment since our inception and continue to provide great.
  • Clear Capital Group
  • 240 N. East Promontory, Suite 200, Suite 4428, Farmington, UT, 84025
  • Clear Capital Group provides funding solutions for small and mid-size businesses by connecting clients with sorely needed capital resources that simply aren’t available in local banks and credit unions. Offering a literal buffet of financing options tailored to meet the needs of any business regardless of the stage of growth they are in as well as
  • JH Home Loans
  • 556 Rigby Rd, Farmington, UT, 84025
  • As a local mortgage broker I am able to help you find the best rates and fees for your personal situation. Whether I am your first choice, or you just want a second opinion, I can help. It is not uncommon for me to be able to offer a similar rate to my competitors while paying most if not all the closing costs associated with a mortgage.
  • Best Rates On Earth
  • 722 West Shepard Lane, Suite 104, Farmington, UT, 84025
  • At TruePointe Mortgage, 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 use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
  • Dade County Federal Credit Union
  • 1500 NW 107 Avenue, Miami, FL, 33172
  • Dade County Federal Credit Union was established on May 1, 1939 for the purpose of offering financial independence and security to employees of Dade County. In April of 1939 ten Dade County employees, with a sincere desire to help their colleagues, gathered $135 in an old cigar box and signed a certificate of origination.
  • Lennar Corporation
  • 730 NW 107th Avenue, 4th Floor, Miami, FL, 33172
  • Lennar Mortgage has been providing homebuyers with options and opportunities for over 30 years. Through our carefully selected team, we ensure that our customers receive the guidance and support to make sound borrowing decisions. Whether you’re a first-time homebuyer or a seasoned homebuying pro, our knowledgeable.