FHA VS Conventional loan in Melrose-Park, Cook County, Illinois
For the year 2025, the limit for Conventional loans in Melrose-Park, within the county of Cook, IL, is set at $647,200, whereas for a single-family home, the FHA cap is $420,680.
Employ the Lendersa® Conventional loan calculator to evaluate the benefits of today's top Conventional, FHA, and USDA rates. Assess the necessary income, credit conditions, reserves, and required documentation for qualification. Our sophisticated mortgage calculator projects Conforming Conventional loans alongside USDA, FHA, and VA options, guiding you in choosing the optimal program according to your financial needs in IL.
Loan Limits and Down Payment Criteria for 2025 in Melrose-Park, County of Cook, IL
Loan Type
Maximum Loan Amount
Down Payment Required
Conventional Conforming
$647,200
3%
USDA
$0
0%
FHA
$420,680
3.5%
This comparison table is relevant for zip codes: 60160, 60163, 60161
Conventional and FHA Loan Opportunities in Melrose-Park, IL
At Lendersa®, our aim is to provide you with quick and convenient access to favorable loan options, whether they're Conventional, USDA, or FHA. Begin with any of the three options to match with the right lenders and appropriate loan programs efficiently.
2878 Camino Del Rio South, Suite 402, San Diego, CA, 92108
HomePlus was built in 1999 on a foundation of personal relationships with our clients. Even now, as we approach a milestone of $2B in annual loan volume, we still think of this, not as a 10-figure achievement on our part, but with gratitude that we will be helping more than 4, 000 clients a year
"Everybody wants to do business with a friend. At Crestline Funding, we’re “Your friend in the mortgage business.” Here are just some of the reasons why Crestline Funding is the smart choice for consumers looking for the right home loan.
Customer Service
We value you. Customer service is our #1 priority."
3110 Camino Del Rio South, Suite 311, San Diego, CA, 92108
cabrillomortgage.com is your online resource for personalized mortgage solutions, fast customized quotes, great rates, & service with integrity. There are many home financing options and we'll help you make the Right Choice. We're here with you every step of the way. Cabrillo Mortgage And Realty Services received a Paycheck Protection Loan
2655 Camino Del Rio North, Suite 450, San Diego, CA, 92108
Cornerstone First Mortgage is a full-service mortgage lender headquartered in San Diego, California. Functioning as both the mortgage lender and broker, all aspects of the loan process (underwriting, funding and processing) are offered in-house. At Cornerstone First Mortgage, we are dedicated to delivering high-quality customer service
3456 Camino Del Rio N. Suite 206, San Diego, CA, 92108
California Housing and Lending we are passionate about ensuring that our clientele experience the utmost exceptional service when dealing with our outstanding personnel. We take strong pride in educating our consumers from start to finish being fully present in every step of the transaction through our full package of real estate.
The VA home loan was created in 1944 by the United States government to help returning service members purchase homes without needing a down payment or excellent credit. This historic benefit program has guaranteed more than 24 million VA loans, helping veterans, active duty military members and their families purchase or refinance a home.
3131 Camino Del Rio North Suite # 310, San Diego, CA, 92108
Windvest was founded in 1994 as a privately held real estate investment firm focused on opportunistic commercial and residential real estate investment projects. In addition to our own investment activities we operate as a direct lender.Dr. Carlos Jimenez is the Chairman and Founder of Windvest Corporation.
690 Otay Lakes Road, Suite 230, Chula Vista, CA, 91910
Atrayon (Tray) Trevino has called San Diego home for the past fourteen years. Tray graduated from the University of Oregon with a degree in finance before obtaining a Master’s Degree from the University of San Francisco. After working as a Commodities Trader, Tray decided in 2005 to begin his career in the mortgage industry
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
