FHA VS Conventional loan in Homer-Glen, Will County, Illinois

In 2025, the Conventional loan limit for the city of Homer-Glen in Will county, IL amounts to $647,200. Meanwhile, for FHA loans, the limit for a single-family home is set at $420,680.

Utilize the Lendersa® Conventional loan calculator to contrast today’s top rates among Conventional, FHA, and USDA loans. Evaluate income, credit, reserves, and documentation requirements for qualification. The sophisticated mortgage calculator compares options like Conforming Conventional, USDA, FHA, and VA programs to identify the most suitable choice for your financial needs in IL.

Explore loan offers from 100 lenders

2025 Loan Limits and Down Payment Requirements in Homer-Glen, Will, IL

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

The table is applicable for the following zip codes: 60491

Exploring Conventional and FHA Loan Options in Homer-Glen, IL

At Lendersa®, we aim to connect you swiftly with the best Conventional, USDA, or FHA loan options, hassle-free. Choose one of the three available starting points to find matching lenders and loan solutions.

Lendersa's results for USDA loan requests


  • 1 Mortgage LLC
  • 9674-4 Eagle Ranch Rd, Albuquerque, NM, 87114
  • 1 Mortgage LLC is a wholesale brokerage versus a bank that closes and funds their own loans. We have many wholesale lender partners that we work with that offer an array of solutions for whatever your home loan needs may be serving both New Mexico and Colorado. We answer our phone 7 days a week and are available to help you.
  • Financial Mortgage Solutions LLC
  • 9680 Eagle Ranch Road Northwest, Unit 6, Albuquerque, NM, 87114
  • Financial Mortgage Solutions was started in the Fall of 2006, shortly before the struggles in the housing market began. We not only made it through those difficult times, we also helped hundreds of people lower their payments and buy their dream homes despite the challenging market.
  • Bank of Belle Glade Belle Glade
  • 108 S. E. Avenue D, Belle Glade, FL, 33430
  • The Bank of Belle Glade began its history in 1963 with a group of concerned citizens. This group raised its startup capital from local shareholders that recognized that the Belle Glade area needed a bank it could call it's own. A local bank with local management and decision making.
  • Velocity Community Credit Union
  • 2801 PGA Boulevard, Palm Beach Gardens, FL, 33410
  • Velocity Community Credit Union is a progressive, full service financial institution that is passionate about helping its members. As a not-for-profit co-op, our dedicated employees can concentrate on providing superior service to our members while offering a full suite of products to meet all of their financial needs.
  • New Florida Mortgage LLC
  • 800 Village Square Crossing, Suite 322, Palm Beach Gardens, FL, 33410
  • New Florida Mortgage is a mortgage powerhouse! Our principals began this journey a couple decades ago and have grown this operation due to excellent relationships with our clients and professional business contacts. We started out small, with just a couple of people and a small office, but today we aspire to greater things.
  • Dockside Loans LLC
  • 11952 Catalpha Avenue, Palm Beach Gardens, FL, 33410
  • Our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today.
  • Highlands Residential Mortgage, Ltd.
  • 300 Village Square Crossing Suite 101, Palm Beach Gardens, FL, 33410
  • Highlands Residential Mortgage was created in 2010 in the midst of uncertainty and rapid change in the mortgage industry. A group of like-minded seasoned veterans came together to create a company with an employee-focused culture. A culture that values its members both personally
  • Arch Mortgage Corporation
  • 2560 RCA Boulevard, Suite 114, Palm Beach Gardens, FL, 33410
  • "Arch Mortgage, you are an esteemed customer and as such we promise to treat you with respect to provide you the service you want & that you deserve. We understand the commitment you are making whether buying your dream home, refinancing your current home, or pulling equity out for improvements. From the first question to the closing table"
  • My Liberty Loans Inc
  • 8409 N Military Trail STE 115, Palm Beach Gardens, FL, 33410
  • My Liberty Loans is here to help you through the entire home loans process in Palm beach Gardens, FL. We have an extensive list of lenders that we work with to provide you with the best option for your mortgage needs. Our highly trained staff is committed to be there for you every step of the way.
  • Loanleaders of America
  • 4365 Northlake Blvd., Palm Beach Gardens, FL, 33410
  • Fidelity is a diversified mortgage company, making use of state-of-the-art technology and the vast experience of our team to meet and realize the financial dreams of existing and perspective homeowners.Our goal at Fidelity is to provide our customers with the best mortgage experience throughout the entire process.