Explore the differences! FHA VS Conventional loan programs in Inverness, Cook County, Illinois

In 2025, the conventional loan limit in Inverness, located in Cook county, IL, is $726,200, while the FHA limit for a single-family home is $472,030.

Using the Lendersa® Conventional loan calculator, you can compare today's best rates for Conventional, FHA, and USDA loans, determining the needed income, credit, reserves, and documentation for qualification. Our advanced mortgage calculator offers side-by-side views of Conforming Conventional, USDA, FHA, and VA loans, helping decide which option in IL aligns with your financial goals.

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2025 Loan Limits and Down Payment Requirements in Inverness, Cook, IL

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

This table applies to the following zip codes: 60010, 60067, 60006

Conventional and FHA Loan Options in Inverness, IL

Lendersa® aims to secure you the best Conventional, USDA, or FHA loan swiftly and conveniently. You can choose one of three starting options to connect with matching lenders and loan programs.

Lendersa USDA loan request and match results


  • Indiana Secondary Market For Edu
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  • Milestone Home Lending, LLC is a premier mortgage lender located in Indiana offering the highest level of expertise and personal attention to every individual client we serve. Whether you’re a first-time homebuyer or moving up to a better home, your satisfaction is our #1 priority.
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  • Astera Credit Union is based in Lansing, Michigan. It serves over 15, 000 members with four branches in Lansing, DeWitt, & Ionia. It supports nearly 150 employer groups by providing direct deposit & other financial tools for their employees. Astera was founded in 1949 by employees at Lansing's Fisher Body Plant to provide honest & affordable l