FHA VS Conventional loan programs in New-Lenox, Will County, Illinois
In 2025, the conventional loan limit set for New-Lenox in Will County, IL, stands at $647,200. In contrast, the FHA limit is specified as $420,680 for a single-family residence.
Try the Lendersa® Conventional Loan Calculator to compare current rates for Conventional, FHA, and USDA loans. It helps you understand the needed income, credit score, reserves, and paperwork for qualification. Our advanced mortgage calculator shows you a side-by-side comparison of Conforming Conventional, USDA, FHA, and VA loans, equipping you to select the most appropriate option for your financial needs in IL.
Loan limits and down payment requirements for 2025 in New-Lenox, Will County, IL
Type of Loan
Maximum Limit
Required Down Payment
Conventional Conforming
$647,200
3%
USDA
$303,600
0%
FHA
$420,680
3.5%
The above comparison table is relevant to these zip codes: 60451
Available Conventional and FHA Loan Programs in New-Lenox, IL
Lendersa® aims to provide you with the best Conventional, USDA, or FHA loan options quickly and efficiently. Choose one of the three pathways below to find matching lenders and suitable loan programs.
First State Bank & Trust Company We have been in business for 60 years as Fremont's only 100% locally-owned community bank. We began our work in Fremont in 1956 and take pride in the role we have played in the growth of our community. Moreover, we are deeply grateful for the trust and support we have received from you, our Customer and Friend, over
City State Bank was chartered in 1920, and remains a locally owned independent bank. Over the years City State has continued to grow, and operates two full service locations. The original branch located in downtown Fort Scott at 202 Scott Avenue and our new branch located South of Fort Scott at 1012 Highway 69 covers the needs of our customer base.
UT Federal Credit Union is a member-owned, and community chartered, financial cooperative. While UTFCU is a full-service financial institution, it also strives to fulfill the credit union philosophy of People Helping People in everything it does. The heart of UTFCU has always been, and will always be, the members and communities it serves
A full-service banking institution based in Knoxville since 1924, Home Federal Bank offers a complete line of personal, home, business and commercial banking services. From mortgage and consumer loans, checking and savings plans and accounts, personal and business trusts and investment planning—to retail services, ATM/Debit cards, credit cards
Knoxville Law Enforcement Federal Credit Union is a member-owned, not-for-profit financial services cooperative. Our mission is to effectively and efficiently operate as a financial cooperative; to promote participation by all those within the defined membership; to encourage savings and provide competitive credit.
In the early 1950’s, an employee of Blue Cross and Blue Shield of Kansas named Francis Woods kept a small metal cash box in his desk drawer. If a coworker or friend was running short, Francis would loan them enough cash to get by until the next payday. From these simple roots, came the organization
Our Mission is Every individual in Central National Bank is entrusted with the responsibility of providing superior financial products and services that result in making our customers, the communities we serve, and our company successful. At Central National Bank we find our employees engaged in the communities they live in.
Knoxville TVA Employees Credit Union was established in 1934 to provide services for a growing community of TVA employees. The Credit Union now has 20 locations throughout East Tennessee and serves more than 180, 000 members. Credit Union services are available to anyone who lives, works, worships.
Bank of Frankewing, a 100-year-old financial services institution, serves southern, middle Tennessee and northern Alabama with personalized, friendly banking opportunities. Bank of Frankewing is an independent institution focusing on the needs of our communities by offering a comprehensive range of personal and business banking services
