Explore the differences! FHA VS Conventional loan programs 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.

Review loan offers from 100 lenders

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.

Results for Lendersa USDA loan requests


  • Preferred Home Lending
  • 418 W 19th St, Suite 847, Houston, TX, 77008
  • Preferred Home Lending’s team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
  • NuHome Group llc
  • 1445 N Loop West, Suite 105, Houston, TX, 77008
  • NuHome Group we aim to be the best in the industry. By “Best” we are not looking to be the biggest but we are striving to be the best in quality. By providing best service in the industry we will provide you with the communication you expect and exceeding our clients service expectations closing on time and many times closing your loan.
  • Blink Lending LLC
  • 603 W 11th St., Houston, TX, 77008
  • Blink Lending offers the same Conventional & VA Loans the big banks do, along with Private Money Loans for Real Estate Investors. When considering purchasing a home, you’ll likely have questions. Whether about which loan type is best for you, what is PMI and when is it required, what is an appraisal and why is it necessary
  • First Imperial Mortgage
  • 927 Studewood, Suite 200, Houston, TX, 77008
  • First Imperial Mortgage we have an unparalleled passion for excellence and integrity. As an exclusively referral-based company, we stake our livelihoods on our quality of service and the relationships we make with our clients and referral partners. It is imperative that our service far exceeds our competitors’
  • Texas Loan Star, Inc.
  • 2233 Yale Street, Houston, TX, 77008
  • "Texas Loan Star, and we want to welcome you to a new way of financing your home. We are experts in the mortgage lending industry with over 50 years of lending experience on our team. As a direct lender, we are able to fit clients into the “qualification box” by providing alternatives"
  • Florida Mortgage
  • 317 NE 36th Avenue, Suite 4, Ocala, FL, 34470
  • "We have built a strong reputation as an outstanding mortgage brokerage firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state. We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending..."
  • FIDELITY ONE MORTGAGE GROUP, INC.
  • 1010 E. Silver Springs Blvd, Suite D, Ocala, FL, 34470
  • Fidelity One Mortgage Group was established in 2006 with the mission of creating extraordinary mortgage solutions for the citizens of Florida. That mission continues to be a driving force through today. Fidelity One Mortgage Group has always sought out the nation's most creative and responsible lenders.
  • Allstate Mortgage Loans
  • 809 NE 25th Ave, Ocala, FL, 34470
  • Allstate Mortgage of Florida strives to ensure that its services are accessible to people with disabilities. Allstate Mortgage of Florida has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities,
  • First Community Credit Union Houston
  • PO Box 840129, Houston, TX, 77284
  • For six decades and counting, First Community has been working to build a stronger Houston. Yes, we've grown from modest beginnings to $1.9 billion in assets, becoming one of Houston's largest credit unions - and we did it by putting people FIRST. When you join First Community, we get to know you — because that’s the best way