FHA VS Conventional loan programs in 2025 for Deerfield, Lake County, Illinois
For the year 2025 in the city of Deerfield, within Lake county, located in IL, the cap for conventional loans is $726,200 and for FHA loans, it is $472,030, applicable to single-family homes.
By using Lendersa®'s Conventional loan calculator, you can contrast the current Conventional, FHA, and USDA rates while figuring out the necessary income, credit, reserves, and documentation to qualify. The advanced mortgage tools assist you in viewing Conforming Conventional, USDA, FHA, and VA loans side by side, facilitating your decision on the program in IL that suits your financial needs.
Loan limits and down payment requirements for 2025 in Deerfield, Lake county, IL
Loan Type
Loan Limit
Down payment
Conventional Conforming
$726,200
3%
USDA
$0
0%
FHA
$472,030
3.5%
The above table is relevant for zip codes: 60015
Available Conventional and FHA Loans in Deerfield, IL
The mission of Lendersa® is to swiftly and smoothly connect you with the best available Conventional, USDA, or FHA loan options. Choose from three pathways to connect with matching lenders and mortgage programs.
Our mission at Columbine Mortgage is to help guide our clients and business partners through the mortgage lending process — consistently providing insightful advice and maintaining the highest standards of professional service to build enduring relationships and Our approach to the mortgage business is informed by years of experience.
A E RIVERA MORTGAGE, LLC is a localy owned and operated mortgage lender servicing the Rocky Mountain region since 1998. Anthony E. Rivera, President, began his career in 1982. During his career, Mr. Rivera has served in every capacity of the mortgage loan process. This experience and knowledge drives an extremely efficient
The PB Funding Inc. team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
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.
North Point Financial Inc are buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
RP Mortgage, Ltd. offers Jumbo, Super Jumbo, Conventional, Home Equity Loans, Home Equity Lines of Credit, FHA, and VA financing. Our rates are some of the most competitive in Colorado. Whether you are looking to refinance or purchase your new home entrust RP Mortgage, Ltd. to handle this important financial decision
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Beacon Lending Our #1 goal is to provide the best customer service you will ever receive from a mortgage broker. We have a high rate of return clients because we take time to understand our client's unique situation. Our experience allows us to fit them into a mortgage that works best for them.
Clear to Close Mortgage provides customized residential mortgages for purchasing or refinancing homes. We offer personalized mortgage services with our seasoned professional brokers taking care of each individual transaction. Our support staff has the expertise and systems in place to ensure a smooth transaction that you and your broker.
Our independence as a mortgage broker means we have the ability to offer rates, terms and flexibility other lenders can’t. Each client, each day, is a new opportunity to build our reputation and invest our years of expertise by guiding our customers through today’s challenging home financing decisions. Be it a purchase of a home.
