FHA VS Conventional loan programs in 2025 for Skokie, Cook County, Illinois
In 2025, the Conventional loan limit for Skokie in Cook county, IL, is $726,200. Meanwhile, the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® Conventional loan calculator to effectively compare today's top rates across Conventional, FHA, and USDA loans. This tool helps identify the income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator allows you to view Conforming Conventional loans alongside USDA, FHA, and VA options, aiding your decision on which program in IL best fits your financial circumstances.
2025 Loan Limits & Down Payment Requirements in Skokie, Cook, IL
Loan Type
Loan Limit
Down Payment
Conventional Conforming
$726,200
3%
USDA
$0
0%
FHA
$472,030
3.5%
This table is relevant to the following zip codes: 60076, 60077, 60203
Explore Conventional and FHA Loan Options in Skokie, IL
The aim of Lendersa® is to quickly secure the most favorable Conventional, USDA, or FHA loan for you, without complication. Choose one of three starting paths that lead to corresponding lenders and loan programs.
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