FHA VS Conventional loan programs in Oak-Park, Cook County, Illinois

In 2024, Convetional loan limit in Oak-Park, 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

2024 loan limits and downpayment requirments in Oak-Park, 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: 60301, 60302, 60304, 60303

Conventional and FHA loan options in Oak-Park, 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


  • Sterling Pacific Mortgage and Real Estate Services Inc.
  • 27762 Forbes Road, Suite 12, Laguna Niguel, CA, 92677
  • At Sterling Pacific Mortgage, we are dedicated to providing you the best service available in the industry today. With a clear focus on standards of excellence, we are determined to make your home shopping and purchasing experience a very positive one. Keir Carney is the president and owner of Sterling Pacific Mortgage and Real Estate Services.
  • Purpose Funding Inc.
  • 27651 La Paz Road, Suite 200, Laguna Niguel, CA, 92677
  • Purpose Funding is a premium mortgage brokerage dedicated to providing affordable home loans for customers with various types of credit history. Whether you want a fixed rate mortgage, adjustable rate mortgage, a home equity loan, refinance, purchase, investment or debt consolidation, we have a loan for you with the best & lowest rates available.
  • Hayward Capital, Inc.
  • 28202 Cabot Road, Suite 300, Laguna Niguel, CA, 92677
  • Founded in 1989, Hayward Capital grew from a builder-based mortgage company to a consumer friendly mortgage operation. This family owned and operated company has funded over a billion dollars in loans. Since our clients only deal with principals of the company Hayward Capital is able to offer our clients unbeatable interest rates
  • True Point Lending
  • 28202 Cabot Road, Suite 300, Laguna Niguel, CA, 92677
  • If you’re 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.
  • JDR Mortgage
  • 30025 Alicia Pkwy, Suite 557, Laguna Niguel, CA, 92677
  • Our mission is to serve our customers with honesty, integrity & 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 Loan Management
  • 30262 Crown Valley Pkwy B884, Laguna Niguel, CA, 92677
  • Private Loan Management started a loan company together in 1999 and it blossomed into something we could never have imagined. With that said, our experience is 2nd to none. With over 1.5 Billion in loan closings and over 5,000 units, we have certainly done our fair share of underwriting and investing.
  • HomeLoanHero
  • 3972 Barranca Pkwy, Suite J409, Irvine, CA, 92606
  • TheHomeLoanHero.com, a direct Orange County mortgage lender and California Mortgage Broker, has been involved in Private Real Estate Investment and Financing for many years now. And during this time we have been able to solve the problems of many of our Southern California clients and Orange County residents who want to own their own home.
  • Patriot Equity Mortgage LLC
  • 4000 Barranca Pkwy, Suite 250, Irvine, CA, 92606
  • Patriot Equity Mortgage LLC is a mortgage company designed with the idea of giving families a helping hand as families strive to achieve their goals, dreams, and success. We do this by educating consumers about financing the purchase of their own home, especially first time homebuyers, and teaching all homebuyers how to protect their investment.
  • CHM Redding Reverse Mortgage
  • 16845 Von Karman Ave, Suite 200, Irvine, CA, 92606
  • Change Home Mortgage is a residential mortgage lender approved as a direct seller and servicer by Fannie Mae, Freddie Mac, and Ginnie Mae. Change Home Mortgage is certified by the United States Department of the Treasury as a Community Development Financial Institution (CDFI) allowing it to offer proprietary mortgage options.
  • Vision Quest Lending
  • 2860 Michelle Drive, Suite 140, Irvine, CA, 92606
  • Vision Quest Lending was founded on the idea of making the mortgage process easier while bringing savings to homeowners from application to closing. We really pride ourselves on bringing low mortgage rates and low fees to our customers - after all, the less you spend on your mortgage, the more you can spend on other important things in your life.
  • New Leaf Funding Inc.
  • 30 Corporate Park, Suite 203, Irvine, CA, 92606
  • New Leaf Funding 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
  • Commerce Home Mortgage
  • 16845 Von Karman Avenue, Suite 200, Irvine, CA, 92606
  • Commerce Home Mortgage mission is to provide financial services to the entire population of people, not just individuals that are able to meet today’s stringent documentation guidelines. We specifically aim to empower underbanked homeowners and communities by providing access to prime capital