FHA VS Conventional loan programs in Lake-Zurich, Lake County, Illinois
In the year 2025, the conventional loan limit in Lake-Zurich, located in Lake County, IL is $647,200, whereas the FHA limit for a single-family residence is $420,680.
Utilize the Lendersa® Conventional loan calculator for a detailed comparison of today's top rates between Conventional, FHA, and USDA loans. Determine your qualification needs, including income, credit score, reserves, and required documents. Our enhanced mortgage calculator provides a side-by-side view of Conforming Conventional, USDA, FHA, and VA loans, aiding you in selecting the optimal program in IL tailored to your financial situation.
2025 loan limits and down payment requirements in Lake-Zurich, Lake, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$0
0%
FHA
$420,680
3.5%
This table applies to the following zip codes: 60047
Conventional and FHA loan opportunities in Lake-Zurich, IL
The aim of Lendersa® is to secure the best possible Conventional, USDA, or FHA loan swiftly and with ease. Choose one of three initial approaches to find matching lenders and loan options.
Our "Client First" approach provides you with informed options when making decisions about the mortgage process. Find out why so many customers choose Pillar Financial Mortgage.Purchasing a home is one of your most important financial decisions. Let us help you get the facts before you buy and help pick the loan that's best for you.
Vanderbilt University Employees Credit Union has been open since 1993. The credit union has assets totaling $49.5 Million and provides banking services to more than 6, 000 members as of March 2022.
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When it's time to get a mortgage loan, you should know the difference between a loan officer and a mortgage broker. A mortgage broker is an independent agent who secures financing through outside lenders. This means more options than the standard bank loan officer can offer. We find the lender who has the right program to fit your needs.
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