FHA VS Conventional loan programs in 2024 for Elgin, Kane County, Illinois

In 2024, Convetional loan limit in Elgin, county of Kane, IL is $726,200 while FHA limit is $472,030 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 Elgin, county of Kane, IL

Loan Type Loan Limit Down payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

The comparison table applies to zip codes: 60120, 60123, 60124, 60121, 60122

Conventional and FHA loan options in Elgin, 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


  • Miami Firefighters Federal Credit Union
  • 1111 NW 7th St, Miami, FL, 33136
  • Miami Firefighters Federal Credit Union is a not-for-profit, cooperative banking institution, serving its members since 1935 with a wide array of benefits designed to meet all the banking needs of its members and their families. It all began in 1935, in a small room behind Station 1, then called Central Station on Flagler St.
  • Ensource Financial Corp
  • 1951 North West 7th Avenue, Suite 600, Miami, FL, 33136
  • Definition of insanity is doing the same thing over & over and expecting a different result. From this idea and because we want to be the change we want to see, is why Ensource Financial exists. We want to redefine the Mortgage experience by cutting out the bull and letting you know if the juice is really worth the squeeze,
  • ZoomLoans
  • 9588 SW 40th St, Miami, FL, 33165
  • At ZoomLoans, we understand that contracting a loan is much more than just money, it’s a commitment. We’re here to guide you through the loan process, select the perfect conditions for your situation and cater to your needs every step of the way. We don’t allow frivlious barriers, such as bad or no credit to halt your financial needs
  • Brightstar Mortgage Solutions LLC
  • 11401 Southwest 40th Street, Suite 326, Miami, FL, 33165
  • All of our team members were born and raised in South Florida. Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our fellow South Floridians while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks
  • Capstone Mortgage Lending LLC
  • 11401 SW 40th St, Suite 206, Miami, FL, 33165
  • Whether you’re 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.
  • Southern States Mortgage Inc
  • 9302 Southwest 167th Court, Miami, FL, 33196
  • At Southern States Mortgage, we treat each client as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
  • Neighborhood Housing Services of South Florida Inc
  • 300 Northwest 12th Avenue, Miami, FL, 33128
  • Established in 1978, NHSSF is a 501(c)(3) chartered member of the NeighborWorks® network. We are amongst a nationwide network of 245 trained and certified community development organizations at work in more than 4, 400 communities across America. NHSSF provides a full spectrum of homeownership services in English
  • Rocky Mountain Credit Union
  • 3400 N. Montana Ave, Helena, MT, 59602
  • RMCU is here to help you through life’s events big or small. As a member, you are an owner. RMCU is a democratic financial cooperative and that means you have a say in how your credit union is run. We are also not-for-profit which allows us to offer low loan rates and higher interest deposits. RMCU puts people first.
  • Precision Mortgage Group
  • 920 N Telshor Blvd, Suite B, Las Cruces, NM, 88011
  • At Precision Mortgage, we’re dedicated to giving each customer a great experience. Our local home Loan Originators have decades of combined experience in the mortgage industry & can help you reach your short- and long-term goals. Our local specialists have the resources of a huge national mortgage company & the friendly attitude of your neighbors.
  • Amerant Bank
  • 220 Alhambra Circle, Coral Gables, FL, 33134
  • Amerant Bank, N.A., one of the largest community banks headquartered in Florida, is a wholly-owned subsidiary of Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB). For over 40 years, the Bank has developed strong community relationships, always adapting to our customers'​ lives and specific needs, in a dynamic and positive way.