FHA VS Conventional loan programs in 2025 for Machesney-Park, Winnebago County, Illinois

For 2025, the Conventional loan ceiling in Machesney-Park, located in Winnebago, IL, has been set at $647,200. Meanwhile, the FHA limit for a single-family residence is set at $420,680.

The Lendersa® Conventional loan calculator enables you to compare today's prime rates for Conventional, FHA, and USDA loans. You can assess necessary criteria like income, credit, reserves, and required documents to qualify. Our state-of-the-art mortgage calculator presents Conforming Conventional loans, as well as USDA, FHA, and VA loans, side by side. This allows you to determine which program in IL is most suitable for your particular financial needs.

Evaluate loan offers from 100 lenders

Overview of 2025 Loan Limits & Downpayment Requirements in Machesney-Park, located in Winnebago, IL

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

This table applies to the zip codes: 61115

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

At Lendersa®, we strive to connect you with your ideal Conventional, USDA, or FHA loan with efficiency and minimal stress. Choose from three initiation points, leading to a match with the best lenders and loan programs.

Lendersa's results for USDA loan requests and matching


  • CRESTICO
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  • CRESTICO is your ONE stop shop for all your Real Estate and Mortgage Lending needs. We were created for the purpose of serving a homeowner with the highest quality service and providing all the services you could possibly need in connection with the purchase and/or sale of your home.
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  • Axis Funding
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  • Axis Funding 100% focus on funding, we've expanded what we can offer our clients in a more complex landscape since the mortgage crisis in 2008. The challenge many clients run into is that what worked in the past is no longer sufficient, that leads to an overwhelming level of frustration when their advisors can no longer offer workable solutions.
  • South Bay Credit Union
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  • "King Harbor is a boutique wealth management business. We are a South Bay based financial advisor with wealth management offices in Redondo Beach and Palos Verdes. Our principal has over 20 years of institutional investment experience. We cater to those seeking a long-term relationship and who value expertise with a disciplined,"
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  • cbloans.com
  • 116 South Catalina Avenue, Suite 111, Redondo Beach, CA, 90277
  • CB Loans is a reputable Mortgage Broker in California. If you are looking for a professional mortgage broker who knows the ins-and-outs of the loan industry and who will look out for your best interest, look no further. With over 35+ years in the loan industry, CB Loans has been able to help existing homeowners, new home buyers and business people.
  • South Bay Equity Lending
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  • Riviera Funding
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  • Professional Lending Network
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  • Professional Lending Network is a full-service brokerage for wholesale mortgages. It specializes in single family residences as well as units.With over 15 years of experience as a mortgage broker, real estate broker, and estate planning lawyer, Gregory is uniquely positioned to help his clients with a wide variety of matters.