Explore the differences! FHA VS Conventional loan programs in Loves-Park, Winnebago County, Illinois

In 2025, the Conventional loan cap in Loves-Park, part of Winnebago county, IL, is set at $647,200, whereas the FHA limit for a single-family residence is $420,680.

Utilize the Lendersa® Conventional loan calculator to analyze today's top Conventional, FHA, and USDA loan rates and to discern required income, credit, reserves, and documentation to qualify. Our advanced mortgage calculator juxtaposes Conforming Conventional, USDA, FHA, and VA loans to guide your decision on the best option in IL.

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2025 Loan Limits and Down-Payment Details for Loves-Park, County of Winnebago, IL

Loan Type Max Loan Amount Minimum Down Payment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

This table is valid for zip codes: 61111, 61011, 61130, 61131, 61132

Exploring Conventional and FHA Loan Options in Loves-Park, IL

Lendersa® aims to quickly connect you with the most suitable Conventional, USDA, or FHA loans with minimal hassle. Choose one of the three starting steps for matching with the right lenders and loan programs.

Outcome of Lendersa's USDA loan requests


  • CedarStone Bank
  • 900 West Main Street, Lebanon, TN, 37087
  • CedarStone Bank is known for returning to the simple basics of banking. Our friendly, experienced bankers are a group of business and community leaders in Wilson County & Nashville who deliver professional services and products to individuals and businesses. We are always looking for people who share our vision of serving.
  • Wilson Bank & Trust
  • 623 W. Main St, Lebanon, TN, 37087
  • Wilson Bank & Trust was founded on May 5, 1987, by a group of local business leaders under the leadership of the founding CEO, Randall Clemons. The first office was located in this small house located in Lebanon, Tennessee. Since then, we've grown considerably with 29 offices in nine counties, and we remain focused on our mission to serve
  • First Freedom Bank
  • 1620 W Main St, Lebanon, TN, 37087
  • First Freedom is not just another bank; they're your neighbors. When you need answers, you get answers from someone right here in Wilson County, who shares your hometown values. They are committed to a level of service that you just won't find anywhere else. Member FDIC and Equal Housing Lender.
  • Monticello Banking Company
  • 50 N Main St, Monticello, KY, 42633
  • When Monticello Banking Company first opened in 1895, we did our bookkeeping by hand. Our transportation to work was on horseback and no one had ever heard of air-conditioning. Today, over 125 years later, Monticello Banking Company has seen a lot of things come and go. We were one of the few banks in Kentucky that survived the great depression.
  • Alliance Home Mortgage
  • 583 W Laurel Rd, Suite 4, London, KY, 40741
  • At Alliance Home Mortgage Corporation, 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" and will help you obtain the best loan possible. We are partnered with a very large lender in Polaris Home Funding
  • Peoples Bank
  • 138 Putnam St, Marietta, OH, 45750
  • Peoples Bank is a Bank with operations in fifty states. Peoples Bank offers numerous mortgage programs including conventional, jumbo, non-owner occupied, FHA, VA, USDA, reverse and construction mortgages and Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies
  • Life Credit Union
  • 2004 Hayes Street, Suite 120, Nashville, TN, 37203
  • Life Credit Union is a financial cooperative that was founded in 1958 in the spirit of people helping people improve their lives through financial health and stability. The cooperative nature of credit unions goes hand-in-hand with the nature of our members. Anyone who works in or with the healthcare industry is welcome to join Life Credit Union!
  • Studio Bank
  • 124 12th Ave. South, Suite 400, Nashville, TN, 37203
  • A studio is a place where creators do their thing. And we want to be the bank for Nashville's creators. Whether you're designing a company or building a project, crafting a song or writing code, orchestrating social change or enhancing the quality of care, we want to collaborate with you.