Explore the differences! FHA VS Conventional loan programs in Round-Lake, Lake County, Illinois

During 2025, in Round-Lake located in Lake county, IL, the conventional loan cap is $647,200, while the FHA limit for a single-family home is $420,680.

With the Lendersa® Conventional loan calculator, you can compare the leading rates for Conventional, FHA, and USDA loans offered today. It helps you assess the necessary income, credit, reserves, and documentation required to qualify. Our sophisticated mortgage calculator lets you view Conforming Conventional loans alongside USDA, FHA, and VA loans, aiding you in selecting the most appropriate program within IL to match your specific financial situation.

Explore and compare loan offers from 100 lenders

2025 Loan Limits and Down Payment Requirements in Round-Lake, Lake, IL

Loan Type Loan Limit Down payment
Conventional Conforming $647,200 3%
USDA $0 0%
FHA $420,680 3.5%

The table is relevant for these zip codes: 60073

Available Conventional and FHA Loan Options in Round-Lake, IL

At Lendersa®, our aim is to facilitate a quick and uncomplicated process to connect you with the most suitable Conventional, USDA, or FHA loans. You may select from these three methods to engage with compatible lenders and find loan programs matching your needs.

Lendersa USDA loan request and matching results


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