FHA VS Conventional loan programs in 2025 for Lockport, Will County, Illinois
For the year 2025, the cap for a Conventional loan in Lockport, located in the county of Will, IL, is specified as $726,200. Meanwhile, the maximum for FHA loans is $472,030 for single-family homes. Understanding these limits is essential for prospective homebuyers aiming to finance their properties efficiently.
The Lendersa® Conventional loan calculator is an invaluable resource for comparing the best rates among Conventional, FHA, and USDA loans available today. By using this tool, you can determine the necessary income, credit score, reserves, and documentation needed for loan qualification. Our advanced mortgage calculator allows for side-by-side comparisons of Conforming Conventional loans, USDA, FHA, and VA options, aiding you in choosing the program in IL that caters best to your financial needs.
Insights on 2025 loan limits and down payment requirements in Lockport, Will, IL
Loan Type
Loan Limit
Minimum Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
This table is applicable to the following zip codes: 60441
Explore Conventional and FHA loan opportunities in Lockport, IL
Lendersa® is committed to providing you with the most suitable Conventional, USDA, or FHA loans quickly and seamlessly. Select from one of three initial steps, each designed to connect you efficiently to matching lenders and tailored loan programs that meet your requirements.
401 East Hillcrest Boulevard, Suite J, Inglewood, CA, 90301
At KBishop Funding, we are committed to providing our clients with the highest-quality financial services to ensure that they receive the best possible loan for not just the lowest rate and payment, but also the best possible structure for closing costs. Many of our clients opt for a No Broker Fee scenario, only offered on Conventional Loans.
608 West Manchester Boulevard, Suite 202, Inglewood, CA, 90301
Four Seasons Realty & Management Inc.’s focuses on helping people buy sell and get mortgage financing for residential, commercial and investment property. As part of California Association of Realtors and the National Association of Mortgage Brokers our team members are proud to serve the community we live in.
RC Brown Homes we are experts at what we do. First time buyers, refi, VA. Find YOUR dream with RC Brown Homes. and full-service real estate agency RC Brown Homes has helped buyers and sellers tackle everything from the search, to new construction to securing the financing to get it ALL done.
111 North La Brea, Suite 406B, Inglewood, CA, 90301
WLM Financial is a Community First Business, which means we lend assistance to the community in any way possible inside and outside of the office.
We work closely with a multitude of lenders and other financial institutions to best find the lowest possible rates for our clints.
Mortgage West is to create lasting relationships with each and every client and to continue providing excellent service for many years to come. Unlike many of the larger nationwide mortgage companies that are out there, all your information will be kept secure and private. The Mortgage West name is trusted throughout the community.
Our team of professionals is eager to help you with this big financial decision. We will treat you right and give you the personal service you deserve. We know you're making a commitment in buying a house, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify
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Wilshire Fund, Inc, has been offering private lending solutions serving nationwide, specializing in investments properties both residential and commercial loans. Our dedicated staff has years of combined real estate experience in the loans and Real Estate consulting.
Call us directly (424) 281-4880
Harborstone Credit Union has branch locations in King, Pierce, and Thurston counties to serve our members. Which means we're big enough to offer a wide variety of products and services yet small enough to offer a pleasant and personable atmosphere. When you join Harborstone, you become a part owner of our not-for-profit organization.
Penny Lane Financial we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use common sense in consulting with you to obtain the best loan possible for your personal unique needs. We provide top-tier quality rates from a wide range of A-rated lenders.
