which one is better? Conventional or FHA Berkeley, IL

For 2025, the conventional loan cap in Berkeley, Cook county, IL is $726,200. The FHA limit for a single-family dwelling is $472,030.

Use the Lendersa® Conventional loan calculator to explore today's leading rates for Conventional, FHA, and USDA loans. Determine the required income, credit, reserves, and documents for qualification. Our advanced calculator lets you compare Conforming Conventional, USDA, FHA, and VA loans side by side to find the suitable program within IL for your financial needs.

Conventional and FHA Loan Options in Berkeley, IL

The goal of Lendersa® is to connect you quickly with the best fitting Conventional, USDA, or FHA loans without the hassle. Choose one of three paths that aligns you with lenders and loan offerings.

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

Results for Lendersa's USDA loan requests

4137290071 Lender's profile and map Reviews Blue Giant Finance LLC 1629 N LINDER AVE, Chicago, IL, 60639 Blue Giant Finance LLC is a private base lending company. Established in 2022, we provide short-term fix & flip financing and long-term rental financing for real estate investors. Blue Giant Finance Llc wants to connect with investors, business individuals, and real estate agents who can benefit from our funding.
(312) 738-6000 Lender's profile and map Reviews The Federal Savings Bank 4120 W Diversey Ave, Suite C501, Chicago, IL, 60639 Federal Savings Bank is veteran - owned bank, with a focus on VA and FHA lending for active duty and retired military and first time home buyers. We believe we offer the Perfect Mortgage Experience, which is our unique combination of outstanding customer service, low mortgage rates, and fast closings.
(630) 737-1300 Lender's profile and map Reviews Wazowski and Sullivan Inc 935 Curtiss, Unit 8, Downers Grove, IL, 60515 Jan Mandel is the President at Wazowski and Sullivan company Not only will I help you navigate the sea of mortgage solutions out there, but I’ll personally fight to get you the best rate possible.Whether you're purchasing your first home, refinancing for a better rate, or anything in between. he will use the knowledge.
(773) 425-2373 Lender's profile and map Reviews Neighborhood Loans, Inc. 1333 Butterfield Rd, Suite 600, Downers Grove, IL, 60515 "Neighborhood Loans is an Illinois Residential Mortgage Licensee. NMLS# 222982 At Neighborhood Loans, we are passionate mortgage banking professionals with one goal in mind – make our clients, our priority. Neighborhood Loans was established in 2005 to help home buyers and homeowners with their financial needs."
(773) 774-9040 Lender's profile and map Reviews Forum Mortgage Bancorp 7221 West Touhy, Chicago, IL, 60631 Forum Mortgage Bancorp., an Illinois Residential Mortgage Licensee, specializing in residential and commercial mortgage financing. Our firm works & maintains close working relationships with over 50 reputable banking institutions. Thus, Forum Mortgage Bancorp. is able to offer an extensive range of mortgage programs at the most competitive rates.
(773) 665-8555 Lender's profile and map Reviews NorthPoint Lending Group Inc 7434 North Harlem Avenue, Chicago, IL, 60631 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.
(773) 792-0000 Lender's profile and map Reviews Integra Financial Group Inc 6565 North Avondale, Suite 200, Chicago, IL, 60631 Integra Financial Group is an Illinois Residential Mortgage Licensee, specializing in residential mortgages, refinance, home equity loans and more. Our mission is to continue to be committed to improving the lives of our customers by providing quality services and a competitive range of mortgage solutions through integrity and accountability.
(773) 202-2600 Lender's profile and map Reviews Citywide Mortgage of America Corp 4323 W Irving Park 1B, Chicago, IL, 60641 Citywide Mortgage Of America Corp is committed to find you the right mortgage for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward.
(847) 292-0011 Lender's profile and map Reviews GRU Financial Corporation 1410 Higgins Road, Suite 103, Park Ridge, IL, 60068 At GRU Financial we provide various types of financing for individuals and businesses. Our expertise and partnerships with national lenders guarantee complete satisfaction of your financial needs. We will provide you with free credit and income analysis, and advise you how to prepare for the purchase.
(847) 375-0200 Lender's profile and map Reviews Mutual Financial Corporation 2860 S River Rd, Suite 365, Park Ridge, IL, 60068 Mariana Kotzeva Loan Specialist at MUTUAL FINANCIAL CORPORATION With 15 years of successful experience in position of increasing responsibility and duties. Top performer with track record of consistently meeting or exceeding sales goals and customer expectations. Skilled in educating customers on mortgage products
(312) 375-6338 Lender's profile and map Reviews GREAT LAKES HOME MORTGAGE, INC 1030 W Higgins Rd, Suite 210, Park Ridge, IL, 60068 "Great Lakes Home Mortgage, Inc. provides its customers with the variety of mortgage products as well as access to various lenders and investors that is necessary in this constantly changing business. Services: Whether it is no mortgage insurance programs, equity loans, fixed rates, adjustable rates, jumbo loans."