FHA VS Conventional loan programs in 2025 for 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.
5111 S Ridgewood Ave, Ste 103, Port Orange, FL, 32127
American Mortgage Loan Services is a locally owned, Florida Mortgage Broker. For over 25 years American Mortgage has been providing mortgage assistance to Florida communities. Our loan officers work with our clients to create a desirable mortgage that will best fit their needs and goals.
We are the BEST at what we do, and we don’t take you for granted. At Encompass, you are more than a number, you are more than a credit score, and you are more than the next transaction. You are a person who has very specific needs and goals. We understand that no two transactions are alike because no two people are alike.
Commercial Mortgage Advisors originates loans with Life Insurance Companies, CMBS Lenders, Multi-Family DUS Lenders, Commercial Banks, Structured Finance Lenders, SBA lenders, and Industrial Development Bond lenders. The company primarily places long-term, fixed-rate financing on income producing.
Greater Texas Credit Union is proud to have been voted a "Top Workplace" every year since 2012. With over 200 employees spread out throughout Texas, our goal is to be a force for good in the communities we serve. To accomplish that goal, we value our employees and invest in them so they can meet the needs of our members.
Headquartered in Austin, Texas, United Heritage CU serves the greater Austin and Tyler areas through twelve branch locations including Manchaca, Slaughter, Georgetown, Lakeway, Kyle and Tyler. Membership is open to anyone that lives, works or attends school within Travis, Williamson, Bastrop, Caldwell, Hays, Smith and Wood county.
2800 Esperanza Crossing, Building 2, Austin, TX, 78758
Amplify Credit Union combines digital-first financial services with the emphasis on community you expect from your neighborhood credit union 1967 is a member-owned financial cooperative with more than 60, 000 members and almost $1 billion in assets. Our team lives and works in the communities we serve, making us the foremost experts.
3100 Esperanza Crossing, Suite 6254, Austin, TX, 78758
360 LENDING GROUP LLC IS LICENSED UNDER THE LAWS OF THE STATE OF TEXAS AND BY STATE LAW IS SUBJECT TO REGULATORY OVERSIGHT BY THE DEPARTMENT OF SAVINGS AND MORTGAGE LENDING. CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE
4515 Seton Center Parkway, Suite 165, Austin, TX, 78759
Velocity Credit Union is a full-service financial institution that provides our community unique value through a personalized local banking alternative.
The credit union was originally chartered in 1947 as Austin Municipal Federal Credit Union to serve City of Austin employees. In 1998, we moved from a federal to a state charter,
Austin Telco Federal Credit Union has been serving the Austin Area since 1941 and is a strong and safe financial institution with over $2 billion in assets.
Austin Telco Federal Credit Union is a member owned, non-profit financial cooperative committed to serving our members with an array of high quality products and services.
