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

As of 2026, in Round-Lake-Beach, within the county of Lake, IL, the conventional loan limit is established at $647,200. At the same time, for a single-family home, the FHA limit is set at $420,680.

Utilize the Lendersa® Conventional loan calculator to examine and compare today's top rates for Conventional, FHA, and USDA loans. It will help determine necessary income, credit, reserves, and documents for eligibility. Our advanced calculator gives you a side-by-side view of Conforming Conventional, USDA, FHA, and VA loans, enabling you to choose the right program in IL for your financial needs.

Compare offers from over 100 lenders

In 2026, loan limits and downpayment needs in Round-Lake-Beach, Lake, IL

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

This comparison table is applicable to zip codes: 60073

Available Conventional and FHA loan options in Round-Lake-Beach, IL

The objective of Lendersa® is to quickly secure the best possible loan, whether it's Conventional, USDA, or FHA, without the hassle. Start with one of three pathways that lead to matching lenders and programs.

Lendersa results for USDA loan requests and matches


Round-Lake-Beach Lenders

  • First Midwest Bank
  • 1777 N. Cedar Lake Rd, Round Lake, IL, 60073
  • Lends in Illinois
  • We are a relationship-based bank with ideas to drive your business forward. We live and work in the communities we serve, so our bankers understand the local market – and your industry. With $21.2B in assets, we have the resources to partner with our clients to provide customized solutions. Currently, we serve nearly 25, 000 commercial clients

  • State Bank of the Lakes, National Association
  • 440 Lake St., Antioch, IL, 60002
  • Lends in Illinois
  • State Bank of The Lakes offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts.

  • McHenry Savings Bank
  • 353 Bank Drive, McHenry, IL, 60050
  • Lends in Illinois
  • At MSB we educate and empower our clients so they can go fearlessly forward in their unique financial journey. Our team is committed to understanding your financial needs and objectives so we can craft solutions to meet your transacting, borrowing, and investing needs in a secure, transparent, and cost-effective manner.

  • Northside Community Bank
  • 5103 Washington Street, Gurnee, IL, 60031
  • Lends in Illinois
  • NorthSide Community Bank, with over $250 million in assets, is the only community bank headquartered in Gurnee. The bank was chartered in 1997 and has 4 locations in the Chicago metropolitan area and Lake County. The bank was formed in 1996 by a professional group of business men and women to better respond to the market place.

  • ALEC
  • 325 Tri-State Parkway, Gurnee, IL, 60031
  • Lends in Illinois
  • Granted its charter in March 1990, ALEC first opened its doors to the employees of Abbott Laboratories in October of that same year. In our early years through 2001, ALEC Service Centers were located only at the AP30, AP6, AP22 and M1 locations. Since then, we've added four more service centers,

  • Consumers Credit Union
  • 1075 Tri-State Pkwy, Suite 850, Gurnee, IL, 60031
  • Lends in Illinois
  • Consumers Credit Union (CCU), headquartered in Lake County, IL, has provided unparalleled financial services to Members since 1930. The credit union offers a complete menu of products and services, including checking, debit and credit cards, vehicle loans, consumer loans, savings, money market and certificates of deposit

  • Libertyville Bank & Trust Company, National Association
  • 507 N. Milwaukee Ave., Libertyville, IL, 60048
  • Lends in Illinois
  • Libertyville Bank & Trust, along with our community banks in Wauconda, Gurnee, Mundelein, Island Lake and Vernon Hills, is the #1 bank in the area, thanks to the confidence and trust that our customers and the community have placed in us. We are dedicated to providing great accounts and outstanding personal service without the costs.

  • Great Lakes Home Mortgage
  • 1860 West Winchester Road, Suite 102, Libertyville, IL, 60048
  • Lends in Illinois
  • Great Lakes Home Mortgage, Inc. provides its customers with the variety of mortgage products as well as access to various lenders and investors that is necessary in this constantly changing business.

    Services: Whether it is no mortgage insurance programs, equity loans, fixed rates, adjustable rates, jumbo loans, FHA or VA loans

  • Long Grove Mortgage Bancorp
  • 4180 North Route 83, Suite 8, Lake Zurich, IL, 60047
  • Lends in Illinois
  • Our experience and expertise have enabled us to navigate through the recent mortgage crisis. Many other companies closed, but we sharpened our skills and not only are we still open, but we are stronger, more experienced, and better equipped to handle your financing needs. We are a full-service mortgage lender with an experienced staff.