FHA VS Conventional loan programs in Cherry-Valley, Winnebago County, Illinois
As of 2025, the loan limit for Conventional loans in Cherry-Valley, located in Winnebago county, IL, is $647,200. For a single-family home, the FHA limit is $420,680.
Utilize the Lendersa® Conventional loan calculator to compare the best current rates for Conventional, FHA, and USDA loans. Discover the necessary income, credit, reserves, and documents for qualification. Our advanced mortgage calculator provides side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans, helping you choose the best financial program in IL.
2025 Loan Limits and Down Payment Requirements in Cherry-Valley, Winnebago, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$285,000
0%
FHA
$420,680
3.5%
Applies to the following zip codes: 61112, 61016, 61109
Explore Conventional and FHA Loan Options in Cherry-Valley, IL
Lendersa® is committed to securing the best possible Conventional, USDA, or FHA loan quickly and conveniently. Opt for one of three starting pathways to match with lenders and loan offerings.
Stonehaven Mortgage is a Illinois mortgage bank that is focused on servicing our clients with the lowest rates and quickest turn times in the industry. All of our conventional and government loans are processed, underwritten and closed by underwriters who understand the markets in which banks lend. This allows us to assure our clients that we’ll g
Northbrook Bank & Trust Company, National Association
1100 Waukegan Rd, Northbrook, IL, 60062
We're your local Wintrust Community Bank. As part of the larger Wintrust Community Bank family, we were built in this area, for this area. We work hard to be an asset to the people and communities we serve: to get to know you and your needs in order to offer the best banking products and even better service.
Centrust Bank provides primarily commercial banking services. Its commercial banking products include commercial and industrial loans, as well as commercial real estate, construction and multi-family loans. Additionally, it originates loans through the Small Business Administration related to business acquisitions and commercial real estate loans.
Metro Mortgage Services was founded in 1995 by Edie Jerome. While there was many mortgage companies in northwest suburban Chicago, very few specialized in finding creative solutions for buyers. Metro Mortgage Services has built a solid reputation helping all types of buyers.
Whether you are:
a first time buyer etc.
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.
1901 Raymond Drive, Suite, Suite 1, Northbrook, IL, 60062
B2 Funding Corporation Regardless of whether you are a first-time home-buyer, at B2 Funding we give you the personal attention you deserve to help you reach your goals. It has been our pleasure working with our clients in over the years, and we hope that our excellence will continue to foster new relationships in the future.
At EON Mortgage Group, our focus is to provide you with the best mortgage broker services possible. We have a passion for the mortgage loans industry, and our loan officer is dedicated to working with you to find the loan that best fits your needs. Our staff will help compare banks for you to help you get the best rates possible on your loan.
At Park Bank we believe drive and ambition come from the heart. That achievement means different things to each of us. And there’s no one way to what’s next.
We find purpose in making each unique vision a reality. Whether you’re seeking a savings account or mortgage, striving for financial independence or prosperity
