Explore the differences! FHA VS Conventional loan programs in Melrose-Park, Cook County, Illinois
In 2025, Convetional loan limit in Melrose-Park, county of Cook, IL is $647,200 while FHA limit is $420,680 for a single-family home.
Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in IL is best for your particular financial situation.
2025 loan limits and downpayment requirments in Melrose-Park, county of Cook, IL
Loan Type
Loan Limit
Down payment
Conventional Conforming
$647,200
3%
USDA
$0
0%
FHA
$420,680
3.5%
The comparison table applies to zip codes: 60160, 60163, 60161
Conventional and FHA loan options in Melrose-Park, IL
Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.
VIP Realty Group, Inc. is a large contingent of Realtors in the SW Florida area. We have offices in Fort Myers, Naples, Sanibel Island & Captiva Island, and Fort Myers Beach. We have many agents with certain specialties, so if you have a specific product that you would like to bring to the marketplace
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