FHA VS Conventional loan programs in Frankfort, Will County, Illinois

In 2025, the limit for Conventional loans in Frankfort, within Will County, IL, is $726,200. Meanwhile, for a single-family home, the FHA cap is $472,030.

The Lendersa® Conventional loan calculator lets you compare today's leading rates for Conventional, FHA, and USDA loans. Determine your qualification requirements such as income, credit score, reserves, and necessary documents. This advanced tool allows side-by-side evaluation of Conforming Conventional loans against USDA, FHA, and VA options, guiding you in choosing the right program in IL for your financial needs.

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2025 Loan Limits and Down Payment in Frankfort, Will, IL

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

This applies to zip codes: 60423

Explore Conventional and FHA Loan Options in Frankfort, IL

Lendersa® aims to provide you with the best possible loan, whether Conventional, USDA, or FHA, effort-free. Choose one of the three pathways to connect with matched lenders and suitable loan programs.

Viewing USDA loan requests and matches by Lendersa


  • New Way Mortgage, Inc.
  • 1111 Howe Avenue, Suite 510, Sacramento, CA, 95825
  • Our mission is Fast, Easy and Affordable so we built a company using fresh technology, we over communicate and we’re nice. We’ve partnered with the nation’s Top Wholesale Mortgage Lenders to deliver the best rates, service and technology available. New Way Mortgage, Inc. is a Real Estate Broker licensed by the California Dept of Real Estate.
  • PMG Home Loans
  • 1010 Hurley Way, Suite 110, Sacramento, CA, 95825
  • PMG Home Loans has been committed to helping homebuyers and homeowners throughout California get the highest quality home loans, with the fastest possible approvals and delivery times. We understand clients’ needs when it comes to financing, whether it’s a first-time homebuyer, a homeowner looking to renovate after settling into a career.
  • Liberty Financial
  • 1010 Hurley Way # 290, Sacramento, CA, 95825
  • Whether your buying, selling or looking to invest into real estate my goal is to serve each client’s individual needs by providing exceptional customer service and dedication to find your ideal home. I will guide you along the way through buying/selling process to achieve outstanding results.
  • CAPITAL CITY LENDING
  • 2335 American River Drive, Suite 40, Sacramento, CA, 95825
  • Capital City Lending is partnered with some of the top lenders in the country. The company prides itself on its commitment to provide exceptional customer service and competitive financing solutions from experienced mortgage professionals. Our goal is to make sure that every client receives a thorough evaluation
  • CARLILE Realty & Lending - East Sac Branch
  • 1860 Howe Avenue Suite 100, Sacramento, CA, 95825
  • Carlile Realty & Lending is a boutique brokerage in Sacramento providing expertise in transaction negotiation and management from beginning to end. Carlile Realty & Lending is Your Key to Home! SERVICES INCLUDE: California Real Estate Lending/Mortgages Hard Money Lending Appraisals Land Development Flips and more
  • Twin Rivers Capital
  • 2255 Watt Ave, Suite 125, Sacramento, CA, 95825
  • Twin Rivers Capital is in the relationship business and that our client base is looking for first class personalized service. Twin Rivers Capital prides itself in our exemplary staff that allows us to be available, responsive and easy to work with. Twin Rivers Capital is a premier private hard money lender chosen for consistent performance, reliabl
  • Sierra Commercial Capital
  • 333 University Avenue, Sacramento, CA, 95825
  • "Sierra Commercial Capital is a financing company that provides smart business solutions and consulting to various kind of businesses no matter the size, industry or the state of their finances. Sierra Commercial Capital is your one stop alternative for financing solutions for your business loan"
  • The Finance Group
  • 301 Banner CT, Suite 3, Modesto, CA, 95356
  • 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...
  • Golden Valley Bank
  • 190 Cohasset Road, Suite 170, Chico, CA, 95926
  • At Golden Valley Bank we pride ourselves on delivering an experience unlike any other. Take our commitment to customers, staff and community - the foundation of true community banking. It's our passion to help businesses grow, help make dreams a reality and better our local economies.
  • Russell Street, Mortgage Broker
  • 15 Moraga Dr, Chico, CA, 95926
  • Providing Low Rate, No Hassle Mortgages throughout Colorado, Texas, and California. Whether you need the mortgage to buy a home, or are looking to refinance for a better rate, or take some cash out of your property, Russell Street can help. We work with you to find the right program and secure low market rates to make sure you are paying.