Explore the differences! FHA VS Conventional loan programs in Oak-Lawn, Cook County, Illinois

In 2025, Convetional loan limit in Oak-Lawn, county of Cook, IL is $647,200 while FHA limit is $420,680 for a single-family home.

Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in IL is best for your particular financial situation.

Compare loan offers from 100 lenders

2025 loan limits and downpayment requirments in Oak-Lawn, county of Cook, IL

Loan Type Loan Limit Down payment
Conventional Conforming $647,200 3%
USDA $0 0%
FHA $420,680 3.5%

The comparison table applies to zip codes: 60453

Conventional and FHA loan options in Oak-Lawn, IL

Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.

Lendersa USDA loan request and matching results


  • FidoFI
  • 22431 Antonio Parkway, Suite 108, Rancho Santa Margarita, CA, 92688
  • FidoFi has a goal of being the most economical and most practical mortgage available. We deliver the lowest wholesale rate on any given day and pass that directly to you. You simply cannot beat our deal. FidoFi brings the best in mortgage lending products to your phone, tablet, or computer.
  • Blue Wave Funding
  • 30021 Tomas Rancho, Santa Margarita, CA, 92688
  • At Avacad, Inc, We are home loan experts dedicated to making sure your home purchase or refinance experience is top-notch. 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
  • Pacific Choice Mortgage
  • 30211 Avenida De Las Bandera, Suite 200, Rancho Santa Margarita, CA, 92688
  • We pride ourselves in giving you the mortgage information, loan options & convenient assistance you’re looking for.We never charge an application fee, escrow/impound waiver fee or lock-in fee.Your personal mortgage specialist will provide you with several options that best meet your needs. Buying or refinancing a home is stressful to say the least.
  • MountainCrest Credit Union
  • 3710 168th Street NE, Suite A108, Arlington, WA, 98223
  • Our mission statement is our reason for being. It represents the tenet by which we operate the credit union every day for our members. We excel in personal, professional & friendly service that helps us stand out among all financial institutions in the area. The purpose of the MountainCrest CU is to provide sound, quality financial services.
  • Reve Mortgage
  • 1199 Fairway Dr, City Of Industry, CA, 91789
  • At Reve Mortgage, we are committed in providing the reliable source to your lending solutions; by making lending simple and efficient. Our goal is to go that extra mile to build a lifelong relationship based on integrity, trust, and gratitude. Our one team in-house operations will create an efficient
  • McLeod & Associates
  • 385 South Lemon Avenue, Suite D, Walnut, CA, 91789
  • Mia McLeod, President and CEO of McLeod & Associates, is a 30 under 30 award recipient by the National Association of Realtors. Where tradition meet innovation. We adhere to a unique approach with our clients, by not only creating customers for life but by creating "Raving through the way we conduct real estate and mortgage in today.
  • F.P. Mortgage
  • 667 S Brea Canyon Rd # 24, Walnut, CA, 91789
  • FP Mortgage, we offer Full-Doc and Non-QM Residential - Commercial loans. We even accept 1 year Tax Return, Self-Employed & NO W2's! We make sure your Home Buying or Refinance process is a smooth one. We take pride in our Excellent Customer Service and in making sure our promises are kept to our Clients.
  • New Bridge Equity
  • 340 S LEMON AVE # 1652, Walnut, CA, 91789
  • New Bridge Equity is a privately held company that provides niche lending solutions to borrowers seeking to access the equity in their real estate holdings.and NBE is a hard money, bridge and gap financier funding 1st and 2nd position loans. We are fully capitalized and our team prides itself on closing loans.
  • TRT HOME LOANS, INC.
  • 3110 E. Garvey Ave South, West Covina, CA, 91791
  • At TRT Home Loans, Inc, I am pleased to share with you our mission statement. To dedicate the highest quality of customer service to our clients and customers with honesty, integrity & a professional environment. At TRT Home Loans, Inc, we will find a loan that fits each borrower. Unlike big banks that have order takers helping you with your loan.
  • GM Brokerage
  • 150 N Grand Ave, Suite 204, West Covina, CA, 91791
  • GM Brokerage buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
  • California Mortgage Brokers Inc.
  • 150 N. Grand Ave Suite 204, West Covina, CA, 91791
  • California Mortgage Brokers Inc 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.
  • Reverse4Retirement
  • 100 N Barranca St Fl 7, West Covina, CA, 91791
  • This company offers Welcome to Reverse4Retirement, we are reverse mortgage professionals and dedicated to helping senior citizens in California with reverse mortgages and reverse purchase home loans We understand the needs and concerns of our clients and work with them each step of the way to make the reverse mortgage process easy and stress free.