Explore the differences! FHA VS Conventional loan programs in Deer-Park, Lake County, Illinois

For 2025, the Conventional loan limit available in Deer-Park, which is in the county of Lake, IL, reaches up to $647,200. Meanwhile, the FHA limit applicable to a single-family house is $420,680.

Utilize the Lendersa® Conventional loan calculator to juxtapose the best current rates for Conventional, FHA, and USDA loans. This tool helps in establishing the necessary income levels, credit qualifications, reserves, and required documents for qualification. With our advanced mortgage calculator, you have the opportunity to view side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans, guiding you in selecting the best loan program in IL that matches your specific financial circumstances.

Access and compare offers from 100 distinct lenders

Loan limits and required downpayments for 2025 in Deer-Park, located in Lake, 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 the following zip codes: 60010

Options for Conventional and FHA loans in Deer-Park, IL

Lendersa® aims to help you secure the best available Conventional, USDA, or FHA loans with efficiency and ease. Pick one from three starting strategies that connect you with matching lenders and loan options.

Insight into Lendersa's USDA loan request and matching results


  • Apartment and Commercial Loans, Inc.
  • 9800 Mount Pyramid Court, Suite 400, Englewood, CO, 80112
  • ACL as in the name is a multifamily lender, commercial lender, private placement consultant, construction lender and small balance lender. The company was founded in 1997 and has changed with the times and market over the past 23 years. We evaluate and find solutions for your real estate transactions, not just the easy deals.
  • 1st American Mortgage and Loan LLC
  • 6860 South Yosemite Court, Suite 2000, Centennial, CO, 80112
  • At 1st American Mortgage and Loan your privacy and security are a primary concern. The mortgage process involves communicating personal and financial data, and we understand the need for a safe and secure environment in which to share this information. Tom Miller Owner at 1st American Mortgage and Loan.
  • Aspen Home Mortgage
  • 12200 E Briarwood Ave, Unit 280, Colorado Springs, CO, 80112
  • Our mortgage experts have over 20 years experience in the Colorado market. We give you the individual attention you deserve and treat you right. We know you're making a commitment in purchasing a home, refinancing, or tapping into your home equity. So we make a commitment to you: we can help you qualify.
  • K2 Lending Inc
  • 384 Inverness Parkway, Suite 200, Englewood, CO, 80112
  • K2 Lending has elevated the mortgage lending industry using more than 50 years of combined experience. As lending veterans who are driven by a genuine passion for helping our clients, we treat everyone like family. We’re honored to be the go-to team for discerning homebuyers and real estate professionals, when you need..
  • Lone Tree Mortgage Services LLC
  • 9034 East Easter Place, Suite 103, Centennial, CO, 80112
  • We pride ourselves on exceeding our customer's expectations in finding the best rates, service, and options for a home loan that's right for you. Whether you want the lowest rate possible, a large amount of guidance, or a more complex financing package, we realize you are unique and we'll work with you to form a loan that is exclusively for you.
  • A I Inc
  • 7400 East Arapahoe Road, Suite 109, Englewood, CO, 80112
  • We continually serve our clients to the best of our abilities, giving them the respectc and effort required to earn their business and receive the recommendations by offering them a variety of products, knowledge with transparency in the process and leaving them with the assurance that we are grateful for the opportunity.
  • Real Estate Investment Advisors LLC
  • 9200 E Mineral Ave, Suite 100, Centennial, CO, 80112
  • REIA, we think differently everything we do, we believe in challenging the industry norms. We believe Real Estate is the best way for average Americans to take control of their financial future. Whether you are buying a primary residence, a second home, an investment property, or a commercial building, there are so many ways to build wealth.
  • MortgageMint LLC
  • 8310 S Valley Highway, Suite 300, Englewood, CO, 80112
  • The MortgageMint specializes in Jumbo Loans for clientele seeking non-conforming loan sizes over $625, 000 and up to $3, 000, 000. We offer jumbo loans with as little as 10% down payment. Our Colorado Jumbo Rates consistently beat the national average. and also Our Mortgage Rate Quotes / Estimates will provide you with the best rate.
  • One Source Lending LLC
  • 6860 South Yosemite Court, Suite 2000, Centennial, CO, 80112
  • One Source Lending are a Wholesale Mortgage Broker for the Purchase or Refinance of your Home. We are happy to provide a free comparison on any current quote you have with any other lender. We want you to know if your getting the best rate and lowest costs on typically the biggest transaction anyone makes in LIFE
  • The Horn Funding Corp
  • 9155 East Nichols Avenue, Suite 150, Centennial, CO, 80112
  • The Horn Funding Corp is a local & family owned Colorado based Mortgage Lender. Structured to be agile and qualitative, The Horn Funding Corp is the Non-Big Bank solution for people seeking mortgage financing. The employees of The Horn Funding Corp share the value system and strive to meet the needs and goals of ALL potential clients.