As of 2025, the conventional loan limit in Elgin, located in Kane county, IL, is $726,200, while the FHA limit for a single-family dwelling is $472,030.
Leverage the Lendersa® Conventional loan calculator to assess and compare the most competitive rates for Conventional, FHA, and USDA loans today. This enables you to establish the income, credit, reserves, and documents necessary for qualification. With our advanced mortgage tool, you're able to view side-by-side comparisons of Conforming Conventional loans, USDA, FHA, and VA, which assists you in choosing the optimal program tailored to your unique financial requirements in IL.
Compare loan offers from 100 lenders
| Loan Type | Loan Limit | Down Payment | |
| Conventional Conforming | $726,200 | 3% | |
| USDA | $336,500 | 0% | |
| FHA | $472,030 | 3.5% |
This table comparison applies to these zip codes: 60120, 60123, 60124, 60121, 60122
The aim of Lendersa® is to swiftly assist you in obtaining the most suitable Conventional, USDA, or FHA loan without hassle. Select from three starting paths that lead to suitable lenders and loan programs.
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