FHA VS Conventional loan programs in Elk-Grove-Village, Cook County, Illinois

For the year 2026, in Elk-Grove-Village, located in Cook county, IL, the Conventional loan limit is $647,200, while the FHA limit is set at $420,680 for single-family homes.

Use the Lendersa® Conventional loan calculator to check and compare today's rates for Conventional, FHA, and USDA loans. It helps you find out what income, credit score, reserves, and documents are essential for qualification. Our advanced mortgage calculator lets you view Conforming Conventional, USDA, FHA, and VA loans side by side, aiding in choosing the best program available in IL based on your financial situation.

Explore loan offers from a selection of 100 lenders

2026 Limits and Downpayment Requirements in Elk-Grove-Village, 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 the zip codes: 60007

Choices for Conventional and FHA Loans in Elk-Grove-Village, IL

Lendersa® aims to secure the best Conventional, USDA, or FHA loans quickly and easily. Choose from one of three starting options to find matching lenders and loan programs.

Lendersa USDA loan request and results


  • Roc Capital
  • 645 Madison Ave, New York, NY, 10022
  • Roc Capital is your premier partner for real estate investment solutions. Specializing in 1-4 residential fix-and-flip projects, we empower investors with robust financial tools and insightful market analysis. Our expert team, led by Evan Hakimi, is dedicated to accelerating your business growth and maximizing returns. Connect with us to transform

  • York Funding LLC
  • 575 Lexington Avenue, 4th floor, New York, NY, 10022
  • York Funding is a direct hard money bridge lender to real estate professionals engaged in the acquisition and renovation of one-to-four family houses, multi-family apartment buildings, mixed-use properties, retail, office, strip malls, warehouses, notes, buildable lots, commercial properties, hotels and halted new construction.

  • Excel Realty Capital
  • 135 West 50th Street 18D, New York, NY, 10022
  • Excel Realty Capital is one of the top commercial real estate mortgage companies in New York. In addition to the wide range of loan products we offer and property types we finance, we are the market leader in providing financing for medical office loans and healthcare loans in New York.

  • Roc Capital
  • 645 Madison Ave, New York, NY, 10022
  • Roc originates, underwrites, funds and services a diverse product suite of business purpose residential and commercial real estate loans. We offer bridge and perm loans from 12 months to 30 years on Fix and Flips, Rentals, Multifamily and Ground Up property types and also Roc Capital is a subsidiary of Roc360. Via our parent company you can access

  • Evolution Home Mortgage LLC
  • 1060 Laskin Road, Suite 14B, Virginia Beach, VA, 23454
  • We’re making getting a mortgage easier than ever before. Our company
    has an experienced team of brokers on staff. Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. As experienced loan officers we have the knowledge and expertise you need.

  • Equity Unlimited
  • 6709 11th Ave, Brooklyn, NY, 11219
  • At EQUITY UNLIMITED, we pride ourselves on exceeding our customer's expectations in providing the best services suited for you, whether it be the best rates or options for are satisfactory to you. Specialties in Mortgage Loan, Home Loan, Personal Loan, Car Loan etc. Contact us to get in touch with a mortgage specialist.

  • Bridge Loans Brooklyn
  • 928 51st St., Brooklyn, NY, 11219
  • Bridge Loan Brooklyn works with real estate investors and property owners who are in need of capital when traditional lenders (Banks) are not willing to lend. We have a common sense underwriting process focused on the asset - the property. Bridge Loans Brooklyn is a direct mortgage lender providing bridge loans (bridge loan financing) for an array

  • West Forest Capital
  • 237 East 79th Street, New York, NY, 10075
  • West Forest Capital provides funds to real estate investors and others looking to finance non-owner occupied real estate. We lend on apartments, single family, multi-family, commercial, industrial, land, and other properties. We provide rehab funds, or full construction costs, as needed. FAST CLOSINGS, almost always less than 10 days.