Explore the differences! 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.
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.
1664 E. Stone Drive, Suite D, Kingsport, TN, 37660
Tricities Mortgage Group is your #1 Local Mortgage Lending Source. We have been in the Mortgage Business since 1981 and lend in all of Tennessee and Florida. First time Home Buyers or Seasoned Real Estate Owners/Investors. We offer just about any type of Mortgage Financing you may require including Conventional, Non-conventional Jumbo, FHA and VA.
Founded in 1934, ECU is a not-for-profit, financial services cooperative with over $4 billion in assets. ECU serves over 200, 000 members through 25 branches located in Northeast Tennessee, Southwest Virginia, and Harrison and Gregg Counties in East Texas. Credit Union members have access to more than 50, 000 free ATMs nationwide.
Patriot Bank is a full-service bank with a focus on community service. The bank serves the growing markets of Shelby County, Tipton County and Fayette County with a wide range of consumer and commercial accounts and a mortgage division. Patriot Bank opened in Millington in October 2001 and has grown to eight full service banks in Arlington
We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention. Patriot Bank Mortgage offers mortgages in Memphis, Shelby, Tipton and Fayette County markets. We also serve the surrounding areas.
Bank of Frankewing, a 100-year-old financial services institution, serves southern, middle Tennessee and northern Alabama with personalized, friendly banking opportunities. Bank of Frankewing is an independent institution focusing on the needs of our communities by offering a comprehensive range of personal and business banking services
Patriots Bank is owned and operated by the Cooper family. Our charter has over 120 years of tradition in community banking. As a local community bank, Patriots Bank is a proud part of the communities we serve. Here are some of the benefits of being part of a community bank and why Patriots Bank is the right choice for you
Mountain Valley Bank has a rich history within our community of the Sequatchie Valley, a history which began over 100 years ago. We opened in a corner of the Moore Hotel as a home-owned independent bank in the heart of Dunlap, Tennessee in 1905, originally known in town as Sequatchie County Bank.
The Rose Hill Group of WNY Ltd. was founded by Daniel Monte in 2006. Mr. Monte formed the company to serve as a specialty provider of mortgage banking and financial advisory services to commercial real estate developers and lenders. RHG’s employees collectively have over 75 years of experience in real estate financial services.
1st Priority Mortgage, Inc is committed to delivering a unique process that identifies the best mortgage solution tailored to your individual needs. How do we know our system works? As a company we consistently track and measure our results. We use what works and continually monitor for improvement.
