FHA VS Conventional loan programs in Elmwood-Park, Cook County, Illinois

In 2025, the maximum cap for a Conventional loan in Elmwood-Park, county of Cook, IL is $647,200. Conversely, the limit for an FHA loan on a single-family home is $420,680.

Utilize Lendersa® Conventional loan calculator to evaluate the leading current rates among Conventional, FHA, and USDA options and ascertain the income, credit, reserves, and documents necessary for qualification. Our premium mortgage calculator presents Conforming Conventional, USDA, FHA, and VA options side by side, enabling you to pick the preferred program suited to your financial needs in IL.

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2025 Loan Limits and Down Payment Requirements in Elmwood-Park, County of Cook, IL

Type of Loan Loan Limit Down Payment
Conventional Conforming $647,200 3%
USDA $0 0%
FHA $420,680 3.5%

This comparison table is relevant for zip codes: 60707

Exploring Conventional and FHA Loan Options in Elmwood-Park, IL

The goal of Lendersa® is to ensure you access the most suitable Conventional, USDA, or FHA loans promptly and with ease. Choose one of three initial options to find matching lenders and ideal loan programs.

Results from Lendersa USDA loan requests


  • Springboard Home Loans
  • 2140 Hoover Avenue, Suite 115, National City, CA, 91950
  • Springboard Home Loans was started in 1982 out of a garage in the City Heights neighborhood of San Diego. Originally named San Diego Neighborhood Housing Services, we began by providing rehab loans to homeowners to revitalize the neighborhood. From there, our not-for-profit mortgage lending activities grew both in the products offered.
  • AS IS Lending
  • 23332 Mill Creek Drive, Suite 235, Laguna Hills, CA, 92653
  • At AS IS Lending we value honesty and integrity, and we pride ourselves on providing transparency for our clients throughout the mortgage loan process. We understand that owning a home is a large financial commitment, which is why our AS IS Lending Team works closely with you every step of the way throughout the loan process and beyond.
  • SOLOWRATES.COM
  • 23330 Mill Creek, Suite 250, Laguna Hills, CA, 92653
  • Michelle J. Christensen has 19+ years in the industry she can assist you in every aspect of the loan process. Give her a chance to earn your business, you will never go to another loan officer. Michelle J. Christensen NMLS# 304522 Our Business Is Making You Feel At Home. With 19+ years in the industry Michelle can tailor the perfect loan
  • HomeLoan123
  • 13725 Proctor Ave, Suite A, La Puente, CA, 91746
  • HomeLoan123.com, in 1994 to expand our services via the Internet and provide online mortgage services. Our goal has always been to provide the best available mortgage products and to make the mortgage process a positive and pleasant experience for you. Over the Internet, telephone or in person, we are here to serve you.
  • Winn Mortgage
  • 13300 Crossroads Parkway N, Suite 150, City Of Industry, CA, 91746
  • 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.
  • Park Place Real Estate Company
  • 23172 Plaza Pointe Dr, Suite 195, Laguna Hills, CA, 92653
  • Our goal is not only to provide you with the best of our service and expertise in advancing your financial interests, but also to offer you a long term relationship. The US economy and banking industry is always changing, as such, anytime we feel that we can better your financial interests in the long term.
  • Breeze Funding, Inc.
  • 23172 Plaza Pointe Dr, Suite 230, Laguna Hills, CA, 92653
  • Breeze Funding has been a leading, client-focused mortgage loan company offering low interest rates. We offer an award winning, state of the art lending process that has been time tested to give homeowners great loans at competitive interest rates.We believe purchasing a home & refinancing should be an exciting & encouraging process for homeowners.
  • Kindly Loans, LLC
  • 22936 Mill Creek, Suite A, Laguna Hills, CA, 92653
  • 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.
  • Boardwalk Mortgage
  • 23046 Avenida de La Carlota, Suite 665, Laguna Hills, CA, 92653
  • Our mortgage experts 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, apply and be approved for the very best mortgage for you.