Explore the differences! FHA VS Conventional loan programs in Joliet, Will County, Illinois
In 2025, the conventional loan limit set for Joliet, in Will county, IL, is $726,200, whereas the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® Conventional loan calculator to examine the leading rates for Conventional, FHA, and USDA loans today. It helps you determine the income, credit, reserves, and documents necessary to qualify. Our sophisticated mortgage calculator allows you to compare Conforming Conventional, USDA, FHA, and VA loans side by side, enabling you to decide which program is best suited for your particular financial situation in IL.
2025 Loan Limits and Downpayment Requirements in Joliet, Will, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This table is applicable for the following zip codes: 60421, 60586, 60432, 60433, 60431, 60436, 60435, 60434
Options for Conventional and FHA Loans in Joliet, IL
The intention behind Lendersa® is to quickly secure the most suitable Conventional, USDA, or FHA loan with ease. Choose from one of three starting options leading to matches with lenders and loan programs.
Peoples Trust Company was founded by an Act of the General Assembly of the State of Vermont on November 12, 1886. Since our inception, we have enjoyed a commitment to the Vermont tradition of service, quality and value. We believe that banking is about building relationships, making people’s lives easier, and helping folks realize their goals.
First National Bank has been a community partner since opening our first location in Wichita Falls in 1986. In the years since, we have grown to seven banking centers and five mortgage offices.
Our asset size has increased to over $892 million and we have over 150 employees in the communities we serve.
Minter Mortgage are you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
208 East Broad Street, Suite 101, Mansfield, TX, 76063
"At Mansfield Mortgage, we understand the home-buying experience can
be both exciting and stressful. After all, it’s probably your biggest investment. Let our experts help take the stress out of the mortgage process. From application to closing, we’ll work hand in hand to make your financial decisions easier and smarter."
FAMU Federal Credit Union is a not for profit financial institution located at 1610 South Monroe Street Tallahassee, Florida 32301 in the United States. Established in 1935, FAMU Federal Credit Union is a low income and minority designated federal credit union with a Community Development Financial Institutions (CDFI) certification
Envision Credit Union in North Florida and South Georgia is dedicated to providing products and services that improve our members’ financial positions including checking accounts, savings accounts, mortgages, auto loans, business loans and much more. Bank online, with our mobile app or visit one of our conveniently located branches in FL and GA
1741 Old St. Augustine Road, Tallahassee, FL, 32301
"First Commerce is committed to the well being of our community and all of us living in it. We're committed to making a difference with every person we meet and proudly support organizations that show that same level of passion and commitment.
Initially, it may be difficult to see the difference in the types of services"
The Consortium provides information and education regarding credit counseling and the process of purchasing a home to low income and very low income families. In addition, the Consortium administers the City of Tallahassee's Down Payment Assistance Programs and assists local lenders.
