FHA VS Conventional loan programs in 2025 for Morris, Grundy County, Illinois

In 2025, the Conventional loan limit for Morris in Grundy county, IL, is $726,200, whereas the FHA limit is $472,030 for a single-family home.

Use the Lendersa® Conventional loan calculator to assess today's top rates among Conventional, FHA, and USDA loans. Determine the necessary income, credit, reserves, and documents to qualify. This advanced tool provides a side-by-side view of Conforming Conventional, USDA, FHA, and VA loans, helping you choose the best program suited to your financial situation in IL.

Explore loan offers from 100 lenders

2025 Loan Limits and Down Payment Requirements in Morris, Grundy County, IL

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

This comparison table applies to zip codes: 60450

Explore Conventional and FHA Loan Options in Morris, IL

Lendersa® aims to provide you with the best available Conventional, USDA, or FHA loans, quickly and without hassle. Select one of these starting points to match with appropriate lenders and programs.

Results of Lendersa USDA loan requests and matching


  • Serenity Mortgage, LLC
  • 223 Homewood Drive, Butler, PA, 16001
  • The company name and lighthouse icon were chosen to reassure Serenity Mortgage customers that this can be a peaceful process, and you don’t have to be in it alone. The way the lighthouse is used to guide and direct the mariner out at sea, is the same philosophy John uses in the mortgage business.
  • SouthEast Bank
  • 12700 Kingston Pike, Knoxville, TN, 37934
  • SouthEast Bank has become a premiere financial institution in Tennessee by delivering exceptional quality service, & innovative Banking products to its clients. Our experienced staff diligently serves our communities with integrity and a sense of pride by offering exceptional service & value to not only our customers, but the community as a whole.
  • Alcoa Pittsburgh Federal Credit Union
  • 30 Isabella Street, Suite 100, Pittsburgh, PA, 15212
  • Alcoa Pittsburgh FCU is a member owned not-for-profit financial cooperative. Unlike other financial institutions that need to generate profit to satisfy stockholders, we judge our success based on member satisfaction. Accordingly, we return earnings to our members through competitive dividend rates.
  • SSB Bank
  • 2470 California Avenue, Pittsburgh, PA, 15212
  • SSB has been Pittsburgh's choice for local personal and business banking since 1922. SSB Bank is excited to serve Pittsburgh’s McCandless and North Side communities. Please stop in or call our friendly staff members to find out how you can benefit and save money as part of the SSB Bank family.
  • Federated Mortgage Corp.
  • 1301 Grandview Ave, Suite 100, Pittsburgh, PA, 15211
  • Our mortgage originators have decades of experience between them. We know what the best course of action is and will be your personal financial advisor though-out the mortgage process. Our employees are experienced, trustworthy & knowledgeable in the mortgage industry. My #1 goal is to provide exceptional service for all of my clients
  • Real Estate Finance Group
  • 4707 Papermill Dr, Suite 102, Knoxville, TN, 37909
  • Real Estate Finance Group are a local, knowledgeable, and professional mortgage company that cares about its clients. Real Estate Finance Group employs credit trained mortgage consultants with immediate decision making authority REFG is fueled by a genuine belief in the ‘customer for life’ principal.
  • Keystone Mortgage
  • 1508 Coleman Road, Knoxville, TN, 37909
  • Keystone Mortgage was founded out of a desire to provide Tennesseans with a better home mortgage provider. Founder and President Matt Padgett was purchasing a residential investment property in 2004, and he became increasingly irritated by and disappointed in the lack of knowledge and good customer service he encountered along the way
  • KEYSTONE HOME FINANCE LLC
  • 222 Fox Run Drive, Venetia, PA, 15367
  • Keystone home finance company Headquartered in the Pittsburgh area with a reach that spreads across all of Pennsylvania, Keystone Home Finance has been consistently recognized as a leading source for low cost mortgages. The founder and owner, Keith Landis is a well known author within the mortgage community and has been sharing his expertise
  • Defeo Capital Consulting LLC
  • 1251 Gallupe Dr, Pittsburgh, PA, 15226
  • We're the best in our field, and it's all thanks to the incredible relationships we've formed with our clients. Unlike our competitors, we're invested in developing a personal connection with each and every one of our customers, by providing quality service and being available to you 24/7.