FHA VS Conventional loan in Manhattan, Will County, Illinois

In 2026, the limit for conventional loans in Manhattan, located in the county of Will, IL, is $726,200. The FHA limit for a single-family home is $472,030.

With Lendersa®'s Conventional loan calculator, evaluate today’s best rates across Conventional, FHA, and USDA loans. Determine your necessary income, credit, reserves, and documentation to qualify. Our advanced mortgage calculator enables you to see side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans, helping you select the most appropriate program in IL for your unique financial circumstances.

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2026 Loan Limits and Down Payment Requirements in Manhattan, Will, IL

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

This comparison applies to these zip codes: 60442

Discover Conventional and FHA Loan Options in Manhattan, IL

Lendersa® is committed to finding you the best possible Conventional, USDA, or FHA loans quickly and with ease. Choose one of three routes to connect with matching lenders and appropriate loan programs suited for you.

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Manhattan Lenders

  • First Bank of Manhattan
  • 230 South State Street, Manhattan, IL, 60442
  • Lends in Illinois
  • The First Bank of Manhattan has been providing high quality, full service personal and business banking services to Manhattan and our neighboring communities of New Lenox, Elwood, Wilmington and Wilton Center.
    The bank offers a full range of deposit products such as Checking, savings, CD’s, IRA’s, children’s and teen’s accounts.

  • Town Center Bank
  • 20181 S Lagrange Road, Frankfort, IL, 60423
  • Lends in Illinois
  • Town Center Bank is looking for a customer service specialist. We are looking for friendly, enthusiastic, self-driven individuals to join our team! Responsibilities for these individuals include processing customer requests and transactions, cash handling, account opening and closing, and providing accurate and friendly customer service

  • Rental Property Lending Group of America, Inc
  • 12533 Surrey Ct, Mokena, IL, 60448
  • Lends in Illinois
  • Our main goal is to help real estate investors grow their rental portfolios sooner rather than later. We offer a one stop shop program to acquire and rehab property with a line of credit that can be termed out with NO value seasoning up to 75% of fair market value. This strategy will allow you to recycle the same money over and over again.

  • MBLO Funding Inc
  • 11104 Front Street, Unit 2D, Mokena, IL, 60448
  • Lends in Illinois
  • Joseph Siwinski started MBLO Funding with the goal of making the mortgage process both simple and transparent. Joseph understand that buying a home or refinancing a home is an emotional time and that no two loans are alike. My primary focus is to provide you with a simple process that is easy to understand and offers you the lowest rate possible.

  • NuMark Credit Union
  • 1654 Terry Drive, Joliet, IL, 60436
  • Lends in Illinois
  • NuMark’s mission is to enrich the financial lives of our members. NuMark Credit Union offers a full menu of financial services from mortgage and auto loans to free checking accounts and business services. We remain dedicated to putting our members first, treating them like family and helping them do more with their money.

  • CommonWealth Credit Union
  • 563 William Latham Drive, Bourbonnais, IL, 60914
  • Lends in Illinois
  • It grew to become CommonWealth Credit Union, a multi-site, full-service financial cooperative that is now community chartered to serve anyone who lives or works in Kankakee, Ford, Iroquois, Livingston, Kendall, Grundy, or Will Counties. CommonWealth Credit Union is the largest credit union in Kankakee County.

  • Municipal Bank
  • 720 Main St. NW, Bourbonnais, IL, 60914
  • Lends in Illinois
  • Municipal Bank, we have three convenient locations in Bourbonnais, Momence and Manteno, IL, to serve you since 1971. We are a locally owned bank offering a full line of banking services. At Municipal Bank, we provide personal service to our residential and businesses. Municipal Bank is FDIC insured and an equal housing lender.

  • Real Estate Resource Home Loans
  • 16530 106th Court, Orland Park, IL, 60467
  • Lends in Illinois
  • Our goal is to offer competitive mortgage rates and fees while providing a level of service that exceeds our client’s expectations. We offer clients customized mortgage solutions to obtain the BEST rate possible. Our average employee has over 12 years of banking and home loan financing experience.

  • Pacific One Mortgage Inc
  • 11312 Distinctive Dr, Orland Park, IL, 60467
  • Lends in Illinois
  • Christopher Zabat is the father of the mortgage company he have always had a passion for Real Estate Finance. he remember getting very interested in it when we bought our very first home in May of 2000. My personal experience throughout the entire process made me so curious on how things were done.