FHA VS Conventional loan in Mount-Prospect, Cook County, Illinois
For this year, 2025, the Conventional loan ceiling in Mount-Prospect, within Cook county, IL, stands at $647,200, whereas the FHA threshold for a single-family dwelling is $420,680.
Using the Lendersa® calculator tailored for Conventional loans, you can juxtapose today's Conventional, FHA, and USDA options, evaluating the required income, credit, reserves, and documentation. Our sophisticated mortgage tool lets you view Conforming Conventional loans, USDA, FHA, and VA side by side, aiding in choosing the best program in IL suited to your distinct financial needs.
2025 loan restrictions and down payment prerequisites in Mount-Prospect, within Cook, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$0
0%
FHA
$420,680
3.5%
The details in this comparison are applicable to these zip codes: 60056
Available Conventional and FHA loan choices in Mount-Prospect, IL
Lendersa® aims to facilitate your access to the most favorable Conventional, USDA, or FHA loans, achieving this expediently and without undue difficulty. Choose one of three options to identify compatible lenders and loan schemes.
We have been doing loans for over 20 years and love helping customers with their home loans. We have done everything from conventional, FHA, VA, IRRL, zero downs, Reverse, to even various types of commercial such as strip malls and apartment loans. Whatever your lending needs we have an expert to take great care of you.
Prima Funding Inc has been a full service Brokerage that puts the needs of our clients first. We help first-time home buyers, homeowners, and investors stay ahead of the curve and maximize their investment potential. We specialize in the Southern California region of Orange County, Los Angeles and the Inland Empire
Prestamo Mortgage Corp is fully licensed for FHA, FANNIE MAE, FREDDIE MAC AND PRIVATE/HARD MONEY mortgages. Prestamo Mortgage Corp offers: Prime, Alt-A, Non-QM and Asset based mortgage options. The company’s founders have overs 20 years of combined experience in the Mortgage and Real Estate industries.
3327 West Beverly Boulevard, Montebello, CA, 90640
HL Home Loans offers multiple programs to help home buyers obtain the financing they need. Specializing in FHA loans and VA loans, we are sure to find you the best California mortgage rate available for your specific situation. We offer low to no down payment options and flexible repayment terms such as fixed rate mortgages
Discover Tricoast Lending: Your Premier Hard Money Partner! Specializing in fast, flexible solutions for both commercial and residential real estate investments, we help investors, developers, and entrepreneurs secure tailored financing. With expertise honed over years, Tricoast Lending understands your needs, ensuring reliable, swift access to fun
4667 MacArthur Blvd, Suite 320, Newport Beach, CA, 92660
We have been in Newport Beach across from John Wayne Airport since 1994. We offer hard money loans for commercial and residential properties, purchases, and refi cash-outs to the self-employed. We also provide Traditional, Non-Traditional, and Jumbo Loans. 1-4 Units & No Ratio Loans for Investment Properties. Please call 949-833-8747.
Residential First Capital is classified as a “one-stop” shop for residential financing. We are a direct lender, offering an extensive pool of private funds to accommodate and finance a wide array of loan requests. Our 38+ years of experience allow us to minimize loan transaction time and maximize the opportunity to obtain financing. We specialize i
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.
PRIVATE MONEY LENDING
PRIVATE LENDING SERV
20151 SW Birch Street, Suite 200, Newport Beach, CA, 92660
Residential First Capital started in 1986 to handle ALL of our client’s real estate financing needs. We cover the range of options from prime institutional financing to hard money financing in order to assist our clients with the requirements they have and at the speed they need the funds delivered.
4000 MacArthur Blvd, Suite 300, Newport Beach, CA, 92660
Our focus is to create high trust relationships with our Clients and Referral Partners by providing the highest quality of service built upon education, strong communication, transparency, integrity and due diligence. In doing so, we can all move forward confidently in ensuring the best client experience possible.
