FHA VS Conventional loan in 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.
4300 North Central Expressway Suite 400, Dallas, TX, 75206
DHLC Mortgage, LLC, we provide Texas Real Estate Investors Hard Money loans. We can fund quickly, typically 48 hours after we have a complete loan file. Hard Money is available for adequately collateralized loans on single-family residential houses and other Real Property including select multi-family projects
1334 Timberlane Road, Suite 15, Tallahassee, FL, 32312
FHG Capital team is proud to serve the lending needs of homeowners and home buyers in Florida. Our hands-on approach helps each of our clients understand the mortgage process Now more than ever it is important to have an experienced mortgage team helping you through the home loan process.
We are Mortgage Broker, an independent agent for both the mortgage loan applicant and the lender. We stand as facilitate between you and the lending institution. We can look at your financial situation to determine which lender is the right fit for your loan needs. In other words we help you shopping by comparing different rates from lenders.
AmeriFund Funding Corporation. Main Office in Coppell, Texas. For more than 23 years Texas based AmeriFund has been providing the guaranteed lowest interest rates and the easiest and quickest application process in the industry. Cutting edge technology the highest locked loan delivery rates in the industry enable us.
549 E. Sandy Lake Rd, Suite 200, Coppell, TX, 75019
Watkins Mortgage we strive to differentiate ourselves from other mortgage companies by putting the needs of the borrowers first. To use our experience and vast knowledge to advise our clients while listening to their needs. To remind ourselves that owning a home is liberating and encouraging to everyone.
NXT Mortgage Company is a different breed of mortgage company. We are people-focused, rather than profit driven. We donate 10% of our profits to organizations selected by our clients, we offer our team members more profit-sharing opportunities, and our clients save money via the best mortgage options.
Sunray Mortgage For too many years, mortgages have been a burden for most self-employed home buyers. Big banks are slow and often don’t understand the unique income situations of self-employed, 1099 contractors, or small business owners. Smaller mortgage lenders and brokers don’t have the loan products to satisfy your complex lending needs
Homeric Mortgage changing the way people think of getting a mortgage. A simple, savvy & hassle-free way to get a mortgage that is guided by heart. We don’t spend millions of dollars on marketing or have unnecessary layers of management & costs. It’s simplified by focusing on the customer’s best interest.
Avondale Private Lending is a group of private lenders that loans money to professional home builders, developers and remodelers. Our borrowers choose to work with us because we are much faster than banks, have lower down payment requirements, and we don’t have the fees or requirements that you see from many hard money lenders.
