FHA VS Conventional loan in Lyons, Cook County, Illinois

In 2025, the maximum Conventional loan in Lyons, situated in the county of Cook, IL, is $726,200. Meanwhile, the FHA cap for a single-family residence is $472,030.

Utilize the Lendersa® Conventional loan calculator to assess today's premier rates across Conventional, FHA, and USDA loans. Our cutting-edge mortgage calculator aids in understanding the income, credit, reserves, and documentation needed for qualification. It enables a comprehensive side-by-side examination of Conforming Conventional, USDA, FHA, and VA loans to help you determine the most suitable program for your financial objectives in IL.

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Loan Limits and Down Payment Requirements for 2025 in Lyons, County of Cook, IL

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

Please note that this comparison pertains to the following zip codes: 60534, 60525

Explore Conventional and FHA Loan Alternatives in Lyons, IL

Our mission at Lendersa® is to swiftly secure you the most advantageous Conventional, USDA, or FHA loan without complications. Choose from three key starting points to effectively align with appropriate lenders and loan options.

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  • Bank of Sunset and Trust Company
  • 863 Napoleon Avenue, Sunset, LA, 70584
  • Long gone are the days where your savings account was located under your mattress. You need a bank you can depend on to provide the best and most beneficial financial services for the security of you and your family. Bank of Sunset and Trust Co. is just the financial institution to do so. This Louisiana-based bank, opened more than 100 years ago.
  • Fellowship Credit Union
  • 803 East Olive Street, Lamar, CO, 81052
  • Fellowship Credit Union has been serving Colorado communities since 1959. Over the years, our field of membership has grown along with our credit union which has merged with East Prowers Federal Credit Union in 1986, St. Francis Credit Union in 2006, and Arkansas Valley Federal Credit Union in 2017.
  • Anthem Bank & Trust
  • 23910 Railroad Avenue, Plaquemine, LA, 70764
  • While we operate based on a community-banking model, our top-level experience plays an important role in how we treat our local-level customers. Regardless of account size or income, we aim to provide sophisticated banking service at Anthem Bank & Trust that's streamlined, backed by experience and demonstrates a proven ability to solve problems.
  • Shrewsbury Federal Credit Union
  • 489 Boston Turnpike, Shrewsbury, MA, 01545
  • Shrewsbury Federal Credit Union (SFCU), consistently voted Readers Choice Awards #1 Community Bank, is committed to providing a personalized banking experience. Our mission is to ENRICH LIFE for our members and the communities we serve. Credit unions are member-owned institutions focusing on providing a safe route for savings and borrowing
  • Central One Federal Credit Union
  • 714 Main Street, Shrewsbury, MA, 01545
  • Central One is a not-for-profit federal credit union. It was established in 1952 as an occupational-based credit union, serving the employees and family members of the New England Electric System (NEES) and their affiliate companies. Central One Federal Credit Union was officially granted a community-based charter on November 19, 1998.
  • Alibaba Lending
  • 10 Vinnie Way, Shrewsbury, MA, 01545
  • At Alibaba Lending, our mission is to set a high standard in the loan industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the loan process, so that you can confidently select the best loan for you and your company from the many loan options that are available today.
  • Security First Mortgage Funding LLC
  • 21 N. Quinsigamond Ave, Worcester, MA, 01545
  • Security First Mortgage Funding is a Mortgage Lender with a Lending Platform designed to meet the needs of Today's Borrower. We have the lowest rates on conventional, Jumbo, FHA, VA and portfolio loans Available. We also specialize in Condo financing. At Security First we have a dedicated team of loan officers & processors.
  • Drew Mortgage Associates
  • 196 Boston Turnpike Road, Shrewsbury, MA, 01545
  • We’re more than a mortgage lender – we’re comprehensive mortgage planners. Our home loan officers are trained to help you apply for a mortgage loan that supports your financial goals. We offer a variety of home loan programs to fit your individual mortgage needs.This kind of planning may save you money and help you achieve your financial goals.