Explore the differences! FHA VS Conventional loan programs in Green-Oaks, Lake County, Illinois
In 2025, the Conventional loan limit in Green-Oaks, found within the county of Lake, IL, is set at $647,200. Likewise, the FHA limit for a single-family home registers at $420,680.
Utilize the Lendersa® Conventional loan calculator to scout today's best rates available amongst Conventional, FHA, and USDA loans. Determine the requisite income, credit level, reserves, and necessary documents for qualification. Our advanced mortgage calculator provides a side-by-side analysis of Conforming Conventional loans, USDA, FHA, and VA, guiding you in selecting the most favorable program for your financial situation in IL.
Loan Limits and Down Payment Requirements for 2025 in Green-Oaks, County of Lake, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$0
0%
FHA
$420,680
3.5%
This comparison table is pertinent to the following zip codes: 60044, 60048
Conventional and FHA Loan Selection in Green-Oaks, IL
The mission of Lendersa® is to connect you with the optimal Conventional, USDA, or FHA loan swiftly and seamlessly. Choose one of three starting strategies to align with lenders that best fit your needs and loan programs.
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