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

During 2025 in Franklin-Park, located within Cook county of IL, the limit for a Conventional loan is set at $647,200. Meanwhile, for a single-family property, the FHA loan limit stands at $420,680.

Utilize the Lendersa® Conventional loan calculator to assess the best current rates across Conventional, FHA, and USDA loans. With this advanced tool, you can determine the necessary income, credit, reserves, and documents for qualification. It facilitates a side-by-side comparison of Conforming Conventional, USDA, FHA, and VA loans, aiding decision-making on the optimal program in IL for your financial needs.

Compare loan offers from 100 lenders

Downpayment Requirements and Loan Limits for 2025 in Franklin-Park, County of Cook, IL

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

This comparison table is applicable for the following zip codes: 60131

Varied Loan Options for Conventional and FHA in Franklin-Park, IL

The primary objective of Lendersa® is to avail you of the fastest possible solution to secure a Conventional, USDA, or FHA loan hassle-free. Choose one of the three recommended starting points below to be matched with the appropriate lenders and programs that meet your needs.

Lendersa USDA loan application with results


  • Santa Barbara Commercial Fund
  • 401 Chapala Street, Suite 106, Santa Barbara, CA, 93101
  • The Santa Barbara Commercial Fund, LLC (“SBCFund”) is a boutique commercial lending fund that bridges the gap between traditional bank financing and private collateral based financing. As the manager of the SBCFund, KJacobsen Capital, LLC (“KJCapital”), brings 50+ years of local commercial banking experience
  • Direct Mortgage Funding Santa Barbara
  • 1736 State St, Santa Barbara, CA, 93101
  • Direct Mortgage Funding-Santa Barbara is committed to providing clients with the highest quality home loans combined with some of the lowest mortgage rates available. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan, or consolidating debt
  • The Mortgage Acquisition Corporation
  • 39 E De La Guerra St, Santa Barbara, CA, 93101
  • TMAC has a unique business approach and one that is of increasing value to borrowers who are unable to qualify now for conventional or NonQM loans. There is no need to turn down many loan requests that come from borrowers with credit issues, need to get funds quickly before a business purpose with a loan secured by a first or junior lien on.
  • SB Mortgage Group
  • 1601 Anacapa St, Santa Barbara, CA, 93101
  • 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.
  • McAdams Financial Services
  • 217 East Anapamu Street, Santa Barbara, CA, 93101
  • McAdams Financial offers a wide variety of home loan products. Featured programs include fixed rate and adjustable rate mortgages, interest-only loans, jumbo loans and FHA mortgages. We also offer a No Lender Fees option which can reduce your closing costs. We look forward to working with our partners, clients.
  • Rush Financial
  • 1430 Renown Drive, Tracy, CA, 95376
  • 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.
  • JBR BROKER SERVICES
  • 353 Sherwood Drive, Santa Barbara, CA, 93110
  • Full Service Real Estate Brokerage, 24 years experience in helping buyers find their perfect home and sellers sell their home while saving buyers and sellers thousands of dollars.Brokerage, 24 years experience in helping buyers find their perfect home and sellers sell their home while saving buyers.
  • ReeseSquared Mortgage
  • 1000 Belmont Ln., Tracy, CA, 95377
  • ReeseSquared Mortgage 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.
  • Elemental Home Mortgage, LLC
  • 1612-2 NE Vine Street, Roseburg, OR, 97470
  • Elemental Home Mortgage was founded on the principal that every person should have an opportunity to know if they are ready for a mortgage. To have an opportunity to know what their options are. We feel strongly that each person should have the chance to have an informative, tailored conversation about their housing goals
  • Award Home Loans of Roseburg
  • 1043 NE Stephens St, Suite 101, Roseburg, OR, 97470
  • Award Home Loans of Roseburg we are committed to assisting our clients with the highest quality home loans. We listen to you fitting the mortgage to your personal financial goals. We are located in Roseburg and are available to serve anyone throughout the state of Oregon, but specializing in Douglas County and the I-5 corridor.