FHA VS Conventional loan in North-Chicago, Lake County, Illinois
In 2025, the loan limit for a Conventional loan in North-Chicago, Lake county, IL, is $647,200. Meanwhile, the FHA limit for a single-family home is set at $420,680.
Use the Lendersa® Conventional loan calculator to compare the rates of Conventional, FHA, and USDA loans available today. Determine the income, credit, reserves, and necessary documents for qualification. With our advanced mortgage calculator, compare Conforming Conventional loans, USDA, FHA, and VA options side by side to decide which program in IL best suits your financial needs.
Understanding the 2025 Loan Limits and Down Payment Needs in North-Chicago, Lake, IL
Loan Type
Loan Limit
Down payment
Conventional Conforming
$647,200
3%
USDA
$0
0%
FHA
$420,680
3.5%
This comparison chart applies to the zip codes: 60088, 60064, 60086
Explore Conventional and FHA Loan Options in North-Chicago, IL
At Lendersa®, our aim is to provide you with the best Conventional, USDA, or FHA loans, quickly and without hassle. Choose one of three starting options to connect with lenders and find suitable loan programs.
Lyonsgate Funding LLC started in May, 2020 and is a woman-owned family business. Jessica Lyons is the owner with 19 years experience in the Industry. We are your Pennsylvania Mortgage Experts focusing on Residential purchases and refinances. Experts focusing on Residential purchases and refinances. We offer Conventional, FHA, VA, USDA, etc
PPG & Associates Federal Credit Union is a non profit, member-owned organization dedicated to improving the economic well-being of our members by striving to provide a full range of financial services at the highest level of fairness and personal attention while maintaining an environment of stability and growth.
The Co-op Credit Union was organized in 1940 when the co-operative movement was going strong in the rural areas. Nine people who believed in the co-op movement and the impact it had on the financial well-being of people met at the Co-op Grocery Store and the idea of a credit union was born.
Hollygrove Lending is devoted to developing a relationship and track record with you. We aim to guarantee the highest level of customer satisfaction as we go the extra mile for your lending needs. Our mission is to help you get your next deal funded quickly and efficiently so you can focus on your properties.
i3 Bank began in February 1928 by father and son, Charles F. Roe and Harold E. Roe. In 1971, Harold's son, Jerry E. Roe, became president of the i3 Bank. Jerry's daughter, Leslie R. Andersen, succeeded her father as president in 1994. This ninety-one year old bank is being managed by a member of the 4th generation of the founding family where profe
Lake Shore Savings is a community oriented financial institution originally chartered as a savings and loan association in New York in 1891. We are dedicated to serving the financial needs of consumers and businesses within its market area. We are primarily engaged in the business of attracting deposits from the general public
Premier Bank Just because a bank has a lengthy history, doesn’t mean there’s a great story to tell. Premier Bank is founded by a desire to do more of what businesses and consumers expect their financial partner to do. That means investing more in our relationships, providing financial products and services
United Republic Bank, we're different. We set our standards high by abiding by our core beliefs: Excellence, Honesty and Integrity, Making a Difference, Building Relationships and Client Satisfaction.We’re an organization that is professional, trustworthy, accurate, and responsive. United Republic Bank provides financial services that help our clie
Core Bank is a full-service community bank focused on meeting clients' banking needs with personal, business, real estate, SBA lending and private client services. Headquartered in Omaha, Nebraska, we have six Midwest locations in the Omaha and Kansas City metros, with our KC location specializing in SBA lending.
