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

In the year 2025, the conventional loan limit in the county of Will, situated in Frankfort-Square, IL, is established at $647,200. Meanwhile, the FHA loan limit for a single-family residence stands at $420,680.

Utilize the Lendersa® Conventional loan calculator for a comparison of today's rates: Conventional versus FHA versus USDA, identifying the necessary income, credit score, available reserves, and documentation for qualification. With our innovative mortgage calculator tool, compare side by side: Conforming Conventional, USDA, FHA, and VA loans to find out which option in IL suits your financial needs best.

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Details on 2025 loan limits and down payments in Frankfort-Square, within Will, IL

Loan Type Loan Limit Down Payment
Conventional Conforming $647,200 3%
USDA $303,600 0%
FHA $420,680 3.5%

The above comparison table is valid for the following zip codes: 60423

Options for Conventional and FHA loans in Frankfort-Square, IL

The objective of Lendersa® is to promptly secure the best Conventional, USDA, or FHA loan with minimal stress. Begin with any of the three available routes to get connected with suitable lenders and loan programs.

Lendersa USDA loan request and matching results


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  • Pioneer Mortgage Funding Inc., we are looking for driven and independent-minded mortgage originators to join our team. Our loan officers lead the industry in integrity and professionalism, which has allowed us to build lifelong relationships in our community. Building a team that cares about their clients.
  • Pineywoods Capital LLC
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  • Our team brings deep market knowledge & proven expertise to every transaction we underwrite.In today’s marketplace however, that’s not enough.So we also bring fresh thinking & an independent spirit that allows us to look at opportunities differently & respond quickly.Contact us by email, phone, or in person to discuss a commercial loan & investment
  • Bay to Bay Lending
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  • Bay to Bay Lending is associated with the nation's unsurpassed pricing leaders. The Bay to Bay Lending team of Tampa Mortgage Brokers will make the mortgage process as simple as possible. We pride ourselves on offering a premier level of customer support and we look forward to getting you the best financing available.Mortgage,
  • Homeland Lending Services
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  • Homeland Lending is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools
  • Florida Mortgage Firm
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  • "The team members at Champions Mortgage have many years of experience in mortgage lending. We have worked in both the retail mortgage industry for the consumer and in the wholesale mortgage industry for the lender. We understand the loan products and are well equipped to guide you through any home loan scenario… from application to close.
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  • "Generation Mortgage Associates have and extensive background in mortgage financing. Most of our Loan Originators have over 15 years experience in the Residential Lending industry. We are a team of hard working and knowledgeable professionals. We understand the mortgage business inside and out,"
  • Bangor Federal Credit Union
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  • Mainely Mortgages
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  • Mainely Mortgages We specialize in the following types of business: Purchase Loans Refinance Debt Consolidation Real Estate. Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one