FHA VS Conventional loan programs in McHenry, McHenry County, Illinois
In the year 2025, the loan limit for Conventional loans in McHenry, located in the county of McHenry, IL, stands at $726,200. Meanwhile, for a single-family home, the FHA limit is $472,030.
Utilize the Lendersa® Conventional loan calculator to compare the best rates available today for Conventional, FHA, and USDA loans. Determine the necessary income, credit, reserves, and documentation to qualify. Our advanced mortgage tool enables side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans to help you choose the most suitable program for your financial needs in IL.
2025 Loan Limits and Downpayment Requirements in McHenry, McHenry, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
The comparison table is applicable to ZIP codes: 60050
Explore Conventional and FHA Loan Options in McHenry, IL
Lendersa® is committed to securing the best Conventional, USDA, or FHA loan options swiftly and without hassle. Select one of three starting points to find matching lenders and programs.
Mortgage Investment Services Corporation (“MISC”) is an independent mortgage banking company that provides home loan services solely and exclusively for the customers of 200+ financial institutions, mainly in under-served rural communities in Missouri, Kansas, Oklahoma, Colorado, & Nebraska.
At Progressive Ozark Bank, we understand that how we do things has a tremendous impact, both in the workplace and in our communities. Since Progressive Ozark Bank opened its doors in 1965, our goal has been to offer a friendly, locally-owned banking experience to serve the personal and business banking needs of the people.
Security National Bank was chartered in 1884 in Sioux City, Iowa, founded on the time-tested principles of integrity, honor, open-mindedness, efficiency, good humor, respect, duty and human connection These principles served as guideposts that enabled SNB to withstand the economic panic of the late 1800s, the Great Depression.
The CommunityAmerica story began on March 19, 1940. We were founded by George Duvall, who believed airline employees would appreciate a credit union dedicated to them. He was right, and TWA Club Credit Union, as we were originally known, took off.In 1992, as the Credit Union continued to grow, it changed its name to Members America Credit Union.
"We’re TruHome.
And we help credit unions bring their members home.
Credit union members rely on their credit union for all the big and small moments of their lives. With one big exception for most of them, their home mortgages.
While more than 1 in 3 Americans belong to a credit union,"
Founded in 1901, Union State Bank has a rich tradition of serving local families, businesses and farmers while always looking ahead to new opportunities. You can see this philosophy at each of our eight locations across the region, and many feature original historic details or photographs.
Virginia Coop Credit Union is a member-owned financial cooperative offering a wide array of quality and affordable financial products to satisfy our members’ financial needs. Virginia Coop Credit Union was established on July 21, 1937 to promote thrift among its members and to create a source of credit for them.
At Arbor Bank, we make growing great relationships with our clients the top priority. Arbor Bank has served Eastern Nebraska & Western Iowa for over 150 years. We are dedicated to helping farmers, families, individuals, businesses & our local communities grow. Arbor Bank's roots stem back to 1865 when the Nebraska City institution was established.
