FHA VS Conventional loan programs in Highwood, Lake County, Illinois

In the year 2026, the conventional loan limit in Highwood, within Lake county, IL, is established at $726,200. Meanwhile, the FHA limit for a single-family property is $472,030.

Make use of the Lendersa® Conventional loan calculator to compare the best rates available today between Conventional, FHA, and USDA loans. Discover the income, credit rating, reserves, and documents required to qualify. Our advanced mortgage calculator enables you to compare Conforming Conventional, USDA, FHA, and VA loans side by side, assisting in your decision-making process to select the most suitable program in IL for your financial situation.

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2026 Loan Limits and Downpayment Requirements in Highwood, Lake County, IL

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $0 0%
FHA $472,030 3.5%

This comparison table applies to zip codes: 60040

Available Conventional and FHA Loans in Highwood, IL

Lendersa® is committed to securing the best possible Conventional, USDA, or FHA loan promptly and without hassle. Choose one of three pathways to match with lenders and loan programs.

Lendersa's matching results for USDA loan requests


Highwood Lenders

  • Lake Forest Bank & Trust Company, National Association
  • 727 N. Bank Lane, Lake Forest, IL, 60045
  • Lends in Illinois
  • Lake Forest Bank & Trust Company is a true community bank. Our promise is to provide customers with good old-fashioned personal service and a broad range of quality financial products. Being a locally controlled and managed bank gives us the unique ability to make decisions more quickly and to provide more customized services.

  • DIAMOND RESIDENTIAL MORTGAGE CORPORATION
  • 582 Oakwood Ave, Lake Forest, IL, 60045
  • Lends in Illinois
  • Diamond Residential Mortgage is committed to helping our customers find the right mortgage product for their needs. We understand every borrower is different and we offer a wide variety of products to meet individual requirements. We make the process of securing a mortgage simple and straightforward by offering the latest financial tools.

  • INSIGNIA Financial Services, LLC
  • 1020 Milwaukee Avenue, Deerfield, IL, 60015
  • Lends in Illinois
  • INSIGNIA Financial Services LLC is a non-bank lender and capital markets advisory firm. We provide access to a broad array of debt and equity capital for real estate investments in all markets, nationwide and Our lending and debt placement process enables savvy real estate investors, entrepreneurs and business owners to seize opportunity

  • Discover Financial Services
  • 2500 Lake Cook Rd, Deerfield, IL, 60015
  • Lends in Illinois
  • Our lending products and payment services go far beyond consumer credit, to enable millions of merchants to run their businesses, to explore new markets, power fin-tech companies and most importantly—help people to build a brighter financial future.The Discover Network provides card acceptance at millions of businesses and cash access locations.

  • Wool Finance Partners, LLC
  • 1121 Lake Cook Road, Suite L, Deerfield, IL, 60015
  • Lends in Illinois
  • Wool Finance Partners, LLC is active in the placement of debt and equity for institutional quality office, retail, industrial, healthcare, hospitality and multifamily properties. Our approach is relationship-oriented, seeking to build upon an impressive client base of developers and lenders.

  • Prism Mortgage
  • 770 Lake Cook Road, Suite 145, Deerfield, IL, 60015
  • Lends in Illinois
  • Prism Mortgage has 30 years of experience in the residential and commercial real-estate industry. Prism Mortgage LLC, Chicago's leading group of financial advisors here to serve your entire mortgage lending needs. Strict, new federal and state regulations have imposed dramatic changes upon the mortgage lending process.

  • Cambridge Lending Group Inc
  • 1020 Milwaukee Avenue, Suite 232, Deerfield, IL, 60015
  • Lends in Illinois
  • Cambridge Lending Group has established itself as a trusted resource and respected mortgage leader in the Chicago’s North Shore community. we have helped thousands of clients find the optimal mortgage plan tailored to their needs, and provided successful solutions for those who have previously been turned down by other lenders.

  • Infiniti Financial Group Inc
  • 1020 Milwaukee Avenue, Suite 230, Deerfield, IL, 60015
  • Lends in Illinois
  • Our mortgage brokers know what they’re doing. They use the latest comparative analysis software which allows them to research and compare various loan programs to find the best option to meet your needs. We take pride in treating our clients with honesty and integrity. We have many very happy costumers.

  • Bander Mortgage Inc
  • 378 Park Avenue, Unit 2E, Glencoe, IL, 60022
  • Lends in Illinois
  • We are a full-service mortgage company helping real estate professionals and homeowners thoughout the Chicago area. Bander Mortgage offers a very wide range of mortgage products. This allows us to fit the best loan to the specific needs of each client. Our products range from conventional, Jumbo, FHA, VA, Fix & Flips loans and more.