FHA VS Conventional loan programs in 2025 for Olympia-Fields, Cook County, Illinois
For 2025, the limit on a Conventional loan in Olympia-Fields, located in the county of Cook, IL, is currently set at $647,200. Meanwhile, the FHA limit for a single-family residence is $420,680. Knowing these limits is crucial for potential homeowners planning to finance their property purchase through these programs.
Lendersa® provides a specialized calculator for comparing the leading rates for Conventional, FHA, and USDA loans. This tool aids in understanding the required income, credit reserves, and necessary documents to qualify. By offering a side-by-side comparison of Conforming Conventional loans, USDA, FHA, and VA options, it helps identify which program in IL is most suited to your financial requirements.
2025 Loan Limits and Down Payment Requirements in Olympia-Fields, Cook, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$0
0%
FHA
$420,680
3.5%
This table applies specifically to the zip codes: 60461
Explore Conventional and FHA Loan Options in Olympia-Fields, IL
The primary aim of Lendersa® is to quickly facilitate the best possible loan options for you, whether that is a Conventional, USDA, or FHA loan, with ease and without complications. Select one of the three initial pathways provided to connect with matching lenders and discover optimal loan programs.
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