Explore the differences! FHA VS Conventional loan programs in Shorewood, Will County, Illinois

In 2025, the Conventional loan limit for Shorewood, located in Will county within IL, is $726,200, whereas the FHA limit is $472,030 for a single-family residence.

Leverage the Lendersa® Conventional loan calculator to thoroughly compare today's top rates for Conventional, FHA, and USDA loans. Determine what income, credit score, reserves, and documents are necessary to qualify. Our comprehensive mortgage calculator provides a side-by-side view of Conforming Conventional loans, USDA, FHA, and VA options, making it easier to choose the perfect program tailored to your financial conditions in IL.

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2025 Loan Limits and Downpayment Requirements in Shorewood, Will County, IL

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

This comparison table pertains to the zip codes: 60404

Available Conventional and FHA Loan Options in Shorewood, IL

The primary aim of Lendersa® is to facilitate the quickest path to finding the best Conventional, USDA, or FHA loan without hassles. Choose from one of three starting options to connect with suitable lenders and programs that meet your needs.

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