FHA VS Conventional loan programs in 2025 for Park-City, Lake County, Illinois
In 2025, the conventional loan limit in Park-City, lying in the county of Lake, IL is $647,200, whereas the FHA limit for a single-family home is $420,680.
Leverage the Lendersa® Conventional loan calculator to examine today's leading rates among Conventional, FHA, and USDA loans. Determine the necessary income, credit, reserves, and documentation for qualification. Our advanced mortgage calculator provides a side-by-side comparison of Conforming Conventional, USDA, FHA, and VA loans, guiding you to choose the ideal program in IL for your financial needs.
2025 Loan Limits and Down Payment Requirements in Park-City, Lake, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$647,200
3%
USDA
$0
0%
FHA
$420,680
3.5%
This table is relevant to zip codes: 60085
Conventional and FHA Loan Options in Park-City, IL
Lendersa® is committed to securing the best suitable Conventional, USDA, or FHA loan quickly and effortlessly. Choose from one of three starting points to connect with compatible lenders and loan programs.
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