FHA VS Conventional loan in Hawthorn-Woods, Lake County, Illinois
In the year 2025, the limit for a conventional loan in Hawthorn-Woods, within the county of Lake, IL, is set at $647,200. Conversely, the FHA loan limit for a single-family residence amounts to $420,680.
Leverage the Lendersa® Conventional loan calculator to explore and compare today’s premier rates across Conventional, FHA, and USDA loans. Establish the necessary income levels, credit, reserves, and documentation required to qualify. With our sophisticated mortgage calculator, you can analyze and compare Conforming Conventional, USDA, FHA, and VA loans, side by side, to pinpoint which program in IL is optimal for your specific financial situation.
2025 Loan Limits and Down Payment Requirements in Hawthorn-Woods, 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: 60047
Discover Conventional and FHA Loan Possibilities in Hawthorn-Woods, IL
Lendersa® is dedicated to securing the best possible Conventional, USDA, or FHA loan options swiftly and with minimal difficulty. Choose one of the three guidance paths to connect with matching lenders and loan programs.
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