FHA VS Conventional loan programs in 2024 for Chicago-Ridge, Cook County, Illinois

In 2024, Convetional loan limit in Chicago-Ridge, county of Cook, IL is $647,200 while FHA limit is $420,680 for a single-family home.

Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in IL is best for your particular financial situation.

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2024 loan limits and downpayment requirments in Chicago-Ridge, county of Cook, IL

Loan Type Loan Limit Down payment
Conventional Conforming $647,200 3%
USDA $0 0%
FHA $420,680 3.5%

The comparison table applies to zip codes: 60415

Conventional and FHA loan options in Chicago-Ridge, IL

Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.

Lendersa USDA loan request and matching results


  • Filer Credit Union
  • 1117 28th Street, Manistee, MI, 49660
  • Filer Credit Union first opened its doors in 1951 in an office at the American Box Board Company (currently PCA). The credit union has long since moved out of the plant, but we will never forget our roots or the men and women who first introduced the credit union movement to our area. Interestingly enough
  • The Farmers State Bank of Waupaca
  • 112 West Fulton Street, Waupaca, WI, 54981
  • The Farmers State Bank of Waupaca was founded in 1911 by a board of directors and is one of the oldest financial institutions in the Waupaca. Its purpose is to give our customers the most modern banking services, in an environment of friendliness and fairness. To maximize our return to shareholders, while making sound decisions today
  • Residential Mortgage Network, Inc.
  • 2507 Highlander Place, Iowa City, IA, 52245
  • Residential Mortgage Network, Inc. is a mortgage bank providing USDA Rural Development, VA, Conventional, FHA and New Construction Loans to borrowers throughout the state of Iowa.Since 1987, our loan officers have been passionate about providing excellent home loan programs and outstanding customer service.
  • Service Credit Union
  • 2850 S Ashland Avenue, Green Bay, WI, 54304
  • Service Credit Union was created in 1934, when a group of farsighted Wisconsin Public Service employees joined together to help their fellow employees in those desperate days of the Great Depression. In those days, it was not easy to borrow money except at high rates of interest. Provide members with competitive, high quality financial services.
  • Cornerstone Mortgage, LLC
  • 1830 W Mason Street, Green Bay, WI, 54304
  • Cornerstone Mortgage is one of the largest mortgage lenders in Wisconsin and Upper Michigan, with 2 Wisconsin offices located in De Pere and Green Bay, as well as an office in Menominee, Michigan, and over 20 licensed loan originators on staff who have over 190 combined years of experience. We offer a vast array of mortgages
  • Danville State Savings Bank
  • 109 North Main Street, Danville, IA, 52623
  • Danville State Savings Bank is a community institution with a legacy of strong and steady relationships. We look back at our history to help you move forward. Today’s customer requires access to account information after regular business hours — and from wherever she or he happens to be at the time. Your bank is ready to meet this demand.
  • Indiana Mortgage Company Inc
  • 3900 South Walnut Street, Suite C, Bloomington, IN, 47401
  • Indiana Mortgage Company Inc, 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 & your family from the many mortgage options available.
  • Marine Bank & Trust
  • 507 Main St., Augusta, IL, 62311
  • Marine Bank & Trust was founded as Marine Trust Company of Carthage in 1932. Originally located at 500 Wabash Ave in Carthage, Illinois, today, Marine Bank & Trust has three locations in Carthage, Hamilton, and Augusta, Illinois. In 2010, Marine Bank & Trust became part of United Community Bancorp, Inc.
  • First National Bank in New Bremen
  • 435 S. Washington Street, New Bremen, OH, 45869
  • First National Bank was chartered in 1934 as a national bank. It currently has offices in New Bremen, Wapakoneta, Sidney, New Knoxville, & Botkins, Ohio. The Bank is engaged in serving the financial needs of individuals, businesses, & organizations. The principal business of the bank is making loans and accepting deposits from the general public.
  • Farmers and Merchants Saving Bank
  • 101 E Main St, Manchester, IA, 52057
  • F&M Bank was established in 1925 in Manchester, Iowa. F&M Bank continues to be a locally owned and operated financial institution. In 1994, F&M Bank expanded into the Cedar Rapids metro market area and in 2004, established an office in Anamosa. In 2010, F&M became an interstate bank with the addition of the Vadnais Heights.
  • The First National Bank of Brownstown
  • 108 E. Main Street, Brownstown, IL, 62418
  • The First National Bank of Brownstown was founded in 1913 to provide smart banking products and services to a growing agricultural community. Over 100 years and generations later, the bank remains locally owned and operated with a focus on community. Visit the bank for all your banking needs including checking, savings, personal loans.