FHA VS Conventional loan programs in 2026 for Chicago, Cook County, Illinois
In 2026, the conventional loan limit in Chicago, within Cook county, IL, is $726,200, compared to the FHA limit of $472,030 for a single-family home.
Use the Lendersa® Conventional loan calculator to compare today's top rates for Conventional, FHA, and USDA loans, determining the necessary income, credit, reserves, and documents to qualify. This advanced calculator lays out Conforming Conventional, USDA, FHA, and VA loans side by side, helping you decide which lending program is best suited to your financial situation in IL.
Loan limits and down payment requirements for 2026 in Chicago, Cook, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$0
0%
FHA
$472,030
3.5%
This comparison applies to the zip codes: 60018
Conventional and FHA loan options available in Chicago, IL
Lendersa® aims to quickly provide you with the best available Conventional, USDA, or FHA loan, hassle-free. Choose from one of three starting options to find matching lenders and their loan offerings.
Pyramid Capital Group has established itself in the marketplace since 1993 as a company you can trust. We are comprised of professionals whose goal is to help you better understand the loan process and make it a pleasurable one. Our nationwide network of lenders make it possible for us to handle any type of situation ranging.
TrailNorth Federal Credit Union has been serving the financial needs of its members since 1954. TrailNorth provides membership. Persons who live, work, worship, or attend school in, or businesses or legal entities located in Essex, Washington, Warren, Clinton and Franklin Counties in New York and Addison County in Vermont.
Qside Federal Credit Union is a not-for-profit, cooperative financial institution owned and controlled by its members – the people who use its products and services. Membership begins when you open a basic savings account. Both membership and the basic savings account are completely free as long as you maintain a minimum balance of $25.
211-35 Jamaica Ave, 1st Floor, Queens Village, NY, 11428
We can guide you to the right loan amount and best program for you. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.We'll guide you through the process and make it worry-free to improve your interest rate and monthly payment.
150 Great Neck Road, Suite 102, Great Neck, NY, 11021
Iron Fund is a Direct Capital Provider for loan officers, brokers, and third-party originators. Iron Fund specializes in Fix & Flips/ Bridge Loans, Ground- Up Construction, and 30-Year DSCR Loans. Our new broker platform provides a full technology suite with same-day loan approvals and secure document uploads.
10 Cutter Mill Rd, Suite 202, Great Neck, NY, 11021
Truen & Michaels, LLC offers the best selection of bridge loans and conventional financing in all 50 states. No matter where your project is located, and what type of real estate project you are looking to finance, we can match you with the loan program which will help you achieve your goals.
HUDSON GROUP REALTY NETWORK; REAL ESTATE BROKERAGE & COMMERCIAL LENDING
55 Northern Boulevard, Suite 400, Great Neck, NY, 11021
HGRN was formed in 2012 as a direct response to the need for clients to have access to the information they needed when buying or selling property. With the many programs in NY for first time homebuyers or for the information needed to complete a 1031 tax exchange, Hudson Group Realty Network Inc, is prepared to guide the client from inception.
45 Middle Neck Road, Suite 210, Great Neck, NY, 11021
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.
Powerhouse Solutions, Inc. (PHS) is a NYS licensed banking entity that originates mortgage loans directly to consumers. As a direct lender, we have the highest level of integrity and a genuine caring and concern for our customers. At PHS we believe "Your Mortgage Solution Starts With Us.
Silver Fin Capital is a mortgage broker licensed to conduct residential business in Connecticut, Florida, New Jersey & New York & commercial loans throughout most of the United States. Our customized pricing engine & proprietary database provides access to over 50 lenders, allowing our loan officers to match you and your needs with the loan options
