FHA VS Conventional loan programs in 2025 for Lakewood, McHenry County, Illinois

In 2025, the limit for Conventional loans in Lakewood, located in the county of McHenry, IL, is $726,200. Meanwhile, the FHA limit for a single-family home is $472,030.

Use the Lendersa® Conventional loan calculator to review today's top rates among Conventional, FHA, and USDA loans. Evaluate income, credit, reserves, and documents required to qualify. With our advanced mortgage calculator, compare Conforming Conventional loans, USDA, FHA, and VA side by side to choose which program in IL best fits your financial situation.

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2025 Loan Limits and Downpayment Requirements in Lakewood, McHenry County, IL

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

This table applies to these zip codes: 60014, 60098

Conventional and FHA Loan Options in Lakewood, IL

The goal of Lendersa® is to quickly and easily provide you with the best Conventional, USDA, or FHA loan. Pick one of the three starting options to find matching lenders and loan programs.

Results from Lendersa USDA loan requests and matches


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  • Tyler City Employees' Credit Union is a full-service, not-for-profit cooperative financial institution that began in August of 1953. It was formed for the purpose of encouraging savings by offering a good rate of return, using collective moneys to make loans at competitive, low rates and providing other useful financial resources
  • Main Street Mortgage L.L.C
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  • Main Street Mortgage was founded by David Bigley in 1996. David has been helping Connecticut residents finance their homes for over 34 years.David is an active member in the Stratford community as a volunteer for Merton House Soup Kitchen, Fairfield Prep Fathers Club and coach for Sterling House Youth Sports Basketball and Soccer.
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  • Connected Investors is the real estate investors marketplace and community. Inside you can connect with a network of real estate entrepreneurs in your town and all across the nation. The Connected Investors platform is designed to help you connect-the-dots to financial freedom through investing in real estate -
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  • All-Star Mortgages is your #1 mortgage broker company in Saraland, AL, serving North Mobile & surrounding areas. All-Star Mortgages will provide you with fast, quality service to help you finance your next home. We are a fast & reliable mortgage company that can help assist you with your next home purchase.
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  • EC Lending revolutionizes the lending landscape with innovative solutions, providing resources that overcome even the most complex financial challenges. Boasting unmatched expertise, EC Lending empowers clients to secure the best terms through personalized service and cutting-edge technology. Choose EC Lending for bespoke financing, where every dre
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  • WE started DMN Mortgage Corp. in 2006. This is a family run company that prides ourselves on helping making the mortgage process EASY! We are with you every step of the way. We work hand in hand with the best Lenders, attorneys and title companies in the business! Brett Brucaleri owner/broker at DMN Mortgage Corp.
  • Nations Financial of New York Inc
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  • Since 1994, we have provided home mortgages for Long Island and the entire State of New York. Our corporate office is located in Smithtown, NY where we have been serving Suffolk, Nassau, Queens and Kings County communities for over 20 years. We offer a variety of mortgages to meet your home financing needs.
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  • 496 Smithtown By-Pass, Suite 308, Smithtown, NY, 11787
  • All Island Mortgage & Funding Corporation. A family owned and operated mortgage business. FHA approved. Established in 1989, serving all of New York, Florida, Connecticut, New Jersey, Pennsylvania, Montana, Washington State, Alaska, California, Texas. A leader in Reverse mortgage financing.