FHA VS Conventional loan in Oak-Park, Cook County, Illinois
For 2026, the maximum Conventional loan allowed in Oak-Park, located in Cook county, IL, is $647,200. Concurrently, the FHA maximum for a single-family residence is $420,680.
Utilize Lendersa®'s Conventional loan calculator to contrast today's top rates across Conventional, FHA, and USDA loans. Determine income, credit, reserve necessities, and required documents for eligibility. With our cutting-edge mortgage calculator, you can view Conforming Conventional, USDA, FHA, and VA loans side by side—assisting in selecting the most suitable program for your financial situation in IL.
Loan limits and down payment requirements for 2026 in Oak-Park, Cook, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$0
0%
FHA
$420,680
3.5%
This comparison applies to zip codes: 60301
Explore Conventional and FHA loan options in Oak-Park, IL
The aim of Lendersa® is to facilitate a streamlined process for securing the best Conventional, USDA, or FHA loan rapidly and effortlessly. Choose from three initiation options leading to lender and loan program matches.
Mortgage Resource Group has earned the reputation among homeowners, attorneys, realtors, accountants and financial planners as a truly professional organization staffed with experienced, caring and knowledgeable people. We provide mortgage loans on single family homes, condominiums, and 2-4 unit apartment buildings.
4120 W Diversey Ave, Suite C501, Chicago, IL, 60639
Lends in Illinois
Federal Savings Bank is veteran - owned bank, with a focus on VA and FHA lending for active duty and retired military and first time home buyers. We believe we offer the Perfect Mortgage Experience, which is our unique combination of outstanding customer service, low mortgage rates, and fast closings.
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 and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan
Since 1936, Central Credit Union has been a trusted, not-for-profit resource for financial services, education and advice. Because we're member owned,
If you're looking for a safe, secure local alternative to your bank in the greater Chicago area, it's time to bring your business to Central Credit Union.
KeySmart Mortgage Co was created with the consumer in mind, we are a veteran owned and operated company with nearly 40 years of combined experience. Commitment to service, respect and excellence are our core values. Our strength is our people, we are guided by the principle of respect.
Guaranteed Financial is an Illinois residential mortgage company dedicated to one thing– fulfilling the American Dream.Our team serves the lending needs of home buyers, homeowners, real estate professionals & builders across the state by offering a host of diverse and flexible mortgage packages for customers with a variety of backgrounds and needs.
American Financial Solutions Inc We will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify.
Citywide Mortgage Of America Corp is committed to find you the right mortgage for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward.
First National Bank of Brookfield, your friendly hometown community bank.
For over 30 years, the Village of Brookfield was without a bank. In 1962 a group of ten businessmen founded the First National Bank of Brookfield, located in the Grand Boulevard business district. The bank was established during a period of rapid growth in Brookfield.
