which one is better? Conventional or FHA Salem, IL

In 2025, Convetional loan limit in Salem, county of Marion, IL is $726,200 while FHA limit is $472,030 for a single-family home.

Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in IL is best for your particular financial situation.

Conventional and FHA loan options in Salem, IL

Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.

Lendersa USDA loan request and matching results

(847) 235-0030 263 miles Lender's profile and map Reviews De La Cerda Team 1520 Washington St, Waukegan, IL, 60085 The De La Cerda Team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
(859) 744-9400 263 miles Lender's profile and map Reviews Peoples Exchange Bank 101 North Main Street, Winchester, KY, 40391 Peoples Exchange Bank is proud to be your community bank. We strive to be first in what matters to our customers. Helping you pay less, earn more, protect smarter and borrow wisely. Since 1912, we've built a trusted name by helping our customers, our employees and our communities.
(847) 244-5100 263 miles Lender's profile and map Reviews Northside Community Bank 5103 Washington Street, Gurnee, IL, 60031 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.
(800) 762-9988 263 miles Lender's profile and map Reviews ALEC 325 Tri-State Parkway, Gurnee, IL, 60031 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,
(877) 275-2228 263 miles Lender's profile and map Reviews Consumers Credit Union 1075 Tri-State Pkwy, Suite 850, Gurnee, IL, 60031 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
(574) 294-3606 264 miles Lender's profile and map Reviews Chiphone Federal Credit Union 710 N Wildwood Avenue, Elkhart, IN, 46514 Chiphone Federal Credit Union operates as a financial cooperative. The Union provides financial solutions such as loans, investment, savings, credit and debit cards, online banking, and other related services. Chiphone Federal Credit Union serves communities in the State of Indiana.
(260) 484-2102 264 miles Lender's profile and map Reviews Fire Police City County Federal Credit Union 3306 North Clinton Street, Fort Wayne, IN, 46805 Fire Police City County FCU operates as a not-for-profit financial institution, completely owned by its members. We are structured for the financial benefit of our members. Each member owns a portion of the Credit Union. Our employees are committed to putting forth the best service to help members succeed in their financial goals.
(260) 486-5626 264 miles Lender's profile and map Reviews Aspen Mortgage 2420 N Coliseum Blvd, Fort Wayne, IN, 46805 At Aspen Mortgage, we believe in honest and ethical service. We will offer you all of your options so that you can choose what type of mortgage will best suit your family's financial needs. We will stand behind our Loan Estimate and guaranty to you that what we have promised to you is exactly what we will deliver.
(815) 369-4524 264 miles Lender's profile and map Reviews Citizens State Bank of Lena 102 W. Main Street, Lena, IL, 61048 At Citizens State Bank, we are committed to being your full service, independent, locally-owned community bank. Our customers rely on our expertise, professional staff and diverse products and services, many of which can be customized to suit your specific needs. All business decisions are made locally by people who live and work where you do.