FHA VS Conventional loan programs in 2025 for Riverwoods, Lake County, Illinois

In 2025, the loan limit for a Conventional loan in Riverwoods, in the county of Lake, IL, is $726,200, while the FHA limit for a single-family home reaches $472,030.

Utilize the Lendersa® Conventional loan calculator to evaluate today's best rates between Conventional, FHA, and USDA loans. Determine necessary income, credit, reserves, and documents to qualify. Our advanced mortgage calculator allows you to compare Conforming Conventional, USDA, FHA, and VA loans side by side, aiding in the decision of which program in IL best suits your financial situation.

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2025 Loan Limits and Downpayment Requirements in Riverwoods, Lake County, IL

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

This table applies to the following zip codes: 60015

Conventional and FHA Loan Options in Riverwoods, IL

Lendersa® aims to secure the best possible Conventional, USDA, or FHA loan for you quickly and without hassle. Choose one of three starting options that align with suitable lenders and loan programs.

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  • Equity Lending, Inc
  • 839 L Quince Orchard Blvd, Gaithersburg, MD, 20878
  • "We are experts in Commercial Real Estate Lending including: Acquisition Loans, Construction Loans, Short Sales, Foreclosure Financing. Apart from lending we are experienced Real Estate developers and builders, with many contacts in and around the DC area. We are a small business with only a few employees so you will always speak directly to us."
  • New Funding Resources, LLC
  • 806 West Diamond Ave. Suite 340, Gaithersburg, MD, 20878
  • We are a team of real estate and finance experts with a radically different approach to lending. Our investment philosophy is quite simple: we finance promising real estate investment opportunities. We provide our borrowers with super fast and dependable access to funds they need to buy, renovate, operate or sell single, multi-family and commerci
  • Oakview Capital
  • 9911 Mill Run Drive, Great Falls, VA, 22066
  • Oakview, we believe a strong start makes for a strong finish to this challenging process. Our goal at the onset is to understand your needs. We invest extra time to get to know you, your situation, and all the other aspects of the transaction that may influence the final outcome.
  • Colonial Mortgage Capital
  • 11890 Sunrise Valley Drive, Reston, VA, 20191
  • Colonial Mortgage Capital is more than just a mortgage lender. We provide continual financial guidance to help you manage your debt, make the best financial decisions, and save money — even after you move into your new home. We take the guesswork out of the home buying process so you can, make the best decisions for your financial future.
  • Americorp Mortgage Services Inc
  • 12040 South Lakes Drive, Suite 102, Reston, VA, 20191
  • Founded in 1997 with a goal to provide equitable mortgage solutions for home buyers, home owners and investors, nearly a decade later, Americorp Mortgage Services, Inc. consistently meets and exceeds its customer expectations. With an overall satisfaction rating of 'Excellent', Americorp Mortgage Services is committed to extraordinary service
  • SC Home Loans
  • 124 Creek Shoals Dr, Simpsonville, SC, 29681
  • SC Home Loans is a local, family owned company with a mission to serve our community. We believe the rates and fees offered by banks and other financial institutions can be excessive. Our desire is to help you navigate the complexity of today's mortgages, because we understand the needs of South Carolina families.
  • First Columbia Bank & Trust Co.
  • 232 East Street, Bloomsburg, PA, 17815
  • First Columbia Bank & Trust Co. has been Columbia County’s community bank for nearly 120 years. With more than $709.5 million in assets as of December 31, 2017, First Columbia offers a full complement of banking and financial services to individuals and businesses throughout Columbia and Montour Counties and the surrounding area.
  • Velocity Commercial Investments, Inc
  • 12011 Lee Jackson Memorial Highway, Suite 510, Fairfax, VA, 22033
  • Velocity Commercial Investments Inc. A National Commercial & Business Loan Consultants in helping commercial clients by providing sources for Capital to Businesses and Real Estate Investors. The founder of VCI has experience in the field of financial transactions for over 25 years.
  • CityWorth Loans
  • 11781 Lee Jackson Hwy, 1st Floor, Fairfax, VA, 22033
  • CityWorth our mission is to serve every customer with honesty, integrity and competence. Our goal is to provide our clients with a combination of low rates and fees along with providing expert advice and guidance throughout the entire loan process. We will work closely with each client to ensure that we are recommending the best program.
  • MSF Lending - Mortgage Solution Finders, Inc.
  • 4000 Legato Rd, Suite 1100, Fairfax, VA, 22033
  • At MSF Lending - Mortgage Solution Finders Inc. we have a simple philosophy of treating our clients and our employees like our Family. With this approach we create a positive and nourishing environment for our employees and train them to apply the same principles when working with our clients.
  • Jolene Moore
  • 3975 Fair Ridge, Suite 320N, Fairfax, VA, 22033
  • Jolene Moore's Team offers mortgage financing you can trust. We are committed to excellent customer service and personalized guidance throughout the loan process. We will work with you to find the best mortgage solution that fits your needs. We pride ourselves on constant communication and our willingness to go the extra mile.