FHA VS Conventional loan programs in Peotone, Will County, Illinois

In 2025, the Conventional loan limit in Peotone, county of Will, IL is set at $726,200. Simultaneously, the FHA loan limit is $472,030 for a single-family home.

Use the Lendersa® Conventional loan calculator to evaluate today's top rates for Conventional, FHA, and USDA loans. Determine the required income, credit, reserves, and documents for qualification. Our advanced mortgage calculator allows you to compare Conforming Conventional loans, USDA, FHA, and VA programs side by side, assisting in deciding which option in IL best suits your financial circumstances.

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2025 Loan Limits and Down Payment Requirements in Peotone, County of Will, IL

Loan Type Loan Limit Down Payment
Conventional Conforming $726,200 3%
USDA $336,500 0%
FHA $472,030 3.5%

This comparison table applies to zip codes: 60468

Conventional and FHA Loan Options in Peotone, IL

The goal of Lendersa® is to provide you with the best possible Conventional, USDA, or FHA loans promptly and hassle-free. Choose one of three starting points for matching lenders and loan programs efficiently.

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  • American Bank & Trust
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  • Sioux Falls Federal Credit Union
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  • Sioux Falls Federal Credit Union provides the full range of consumer and business financial services. We are a member-owned financial cooperative with local decision-making for all business credit and deposit needs. A full-service locally owned financial institution providing financial services in Minnehaha, Lincoln, Turner
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  • Keystone Mortgage
  • 421 W 18th St, Sioux Falls, SD, 57105
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  • CorTrust Mortgage
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  • CorTrust Mortgage has built a strong reputation as an outstanding mortgage banking firm, serving the lending needs of individual homebuyers throughout the upper Midwest, builders, and real estate professionals. We're a full service mortgage bank with an experienced staff offering expertise in every area of mortgage lending.
  • Rose Hill Group of Wny Ltd
  • 31 Hopkins Road, Suite 200, Buffalo, NY, 14221
  • The Rose Hill Group of WNY Ltd. was founded by Daniel Monte in 2006. Mr. Monte formed the company to serve as a specialty provider of mortgage banking and financial advisory services to commercial real estate developers and lenders. RHG’s employees collectively have over 75 years of experience in real estate financial services.
  • 1st Priority Mortgage, Inc
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