Explore the differences! FHA VS Conventional loan programs in Lake-Barrington, Lake County, Illinois

In 2024, Convetional loan limit in Lake-Barrington, county of Lake, IL is $647,200 while FHA limit is $420,680 for a single-family home.

Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in IL is best for your particular financial situation.

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2024 loan limits and downpayment requirments in Lake-Barrington, county of Lake, IL

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

The comparison table applies to zip codes: 60010

Conventional and FHA loan options in Lake-Barrington, IL

Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.

Lendersa USDA loan request and matching results


  • WayLend
  • 1320 19th Hole Dr #205, Windsor, CA, 95492
  • We are a full service direct lender/mortgage broker with the ability to assist our clients obtain a home loan anywhere in the State of California. Our greatest assets are our loan officers, with over a century of collective experience, as well as a full in-house processing staff.
  • Community First Credit Union
  • 1539 S Novato Blvd, Novato, CA, 94947
  • Community First Credit Union was founded by seven LOCAL teachers who were denied home loans by banks (back in the day, teachers weren't paid in summer months, and bankers decided teachers weren't smart enough to save up for those months). Since that founding, our "field of Membership" was expanded to include anyone who was a resident of Lake
  • Sequoia Mortgage Capital, Inc.
  • PO Box 2524, San Anselmo, CA, 94979
  • Sequoia Mortgage Capital is a certified Bay Area Green Business focused on funding loans that other lenders turn down. We operate from our headquarters building in downtown San Anselmo and specialize in short-term loans secured by California real estate. Real estate lending is our only business and we are committed to exceeding your expectations.
  • Upward Credit Union
  • 1860 El Camino Real, Suite 100, Burlingame, CA, 94010
  • Founded in 1956, Upward Credit Union is staying true to its roots. Helping members change their lives financially while our healthcare members change lives physically. All our members enjoy a deeply rewarding, personalized approach to banking that is both high-tech and high-touch.
  • NBT Realty Services, Inc.
  • 2546 Butternut Drive, Hillsborough, CA, 94010
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • Nu Level Equity
  • 1310 Bayshore Highway, Suite 22, Burlingame, CA, 94010
  • We are a team of real estate experts who understand that our job is to help you with decisions that are serious and could affect you and your family's lives, forever. It’s not just about what you do today. We believe in looking towards the future with our clients. That's why we go above and beyond for every single person.
  • Karis Finance
  • 1534 Plaza Lane, Burlingame, CA, 94010
  • Karis Finance provides premier tailor-made solutions to meet each of our client's financing needs. We are proud to offer our clients a wide range of services and expertise including: Aggressive rates that are competitive with online mortgage companies, combined with local personalized customer service.
  • Pathmark Mortgage Company
  • 1799 Bayshore Highway, Suite 128E, Burlingame, CA, 94010
  • Pathmark Mortgage Company We have streamlined the process of buying or selling a home to make it easier for you! We have built a team of industry experts to make sure you have access to local home inspectors, contractors, interior designers, service providers, property managers, lending professionals.
  • Wachter Investments Inc
  • 49 Park Road, Burlingame, CA, 94010
  • Wachter Investments, Inc. was founded in 1979 by our father, Harold Wachter, and remains family-owned and operated to this day.We take pride in having successfully endured the roller coaster ride of ups and downs of our Real Estate Market spanning over four decades.We’ve learned plenty over the past forty-one years of being in this industry.
  • Exchange Bank
  • 400 Dutton Ave, Santa Rosa, CA, 95407
  • Exchange Bank has had only nine presidents in its long history. Father and son Manville Doyle and Frank Doyle co–founded the Bank in 1890. Frank Doyle served as President until 1948. Our third and fourth presidents, Charles Reinking and Andrew Shepard presided over a time of expansion and banking innovation.