FHA VS Conventional loan programs in South-Chicago-Heights, Cook County, Illinois

In 2025, the Conventional loan limit in South-Chicago-Heights, located within the county of Cook, IL, is $647,200, whereas, for a single-family home, the FHA limit is $420,680.

Leverage the Lendersa® Conventional loan calculator to assess the top available rates today among Conventional, FHA, and USDA loans. Determine the necessary income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator allows you to see a side-by-side comparison of Conforming Conventional loans, USDA, FHA, and VA, aiding in selecting the best-suited program in IL for your financial needs.

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2025 Loan Limits and Downpayment Requirements in South-Chicago-Heights, Cook County, 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 the following zip codes: 60475, 60411

Conventional and FHA Loan Options in South-Chicago-Heights, IL

The purpose of Lendersa® is to help you obtain the most favorable Conventional, USDA, or FHA loans efficiently and without hassle. Start with one of three pathways that connect you with suitable lenders and loan programs.

Explore outcomes from Lendersa USDA loan requests


  • Maroon Financial Credit Union
  • 5525 S Ellis Avenue, Suite C, Chicago, IL, 60637
  • In 1957, a group of faculty and administration staff at the University of Chicago saw the need to create a financial institution focused on providing a source of credit at reasonable rates and promoting thrift within the University Community. That original idea is the foundation for the company that would become Maroon Financial Credit Union.
  • Draper and Kramer Mortgage Corp.
  • 1431 Opus Place, Suite 200, Chicago, IL, 60615
  • Draper and Kramer Mortgage Corp. is the residential mortgage division of Draper and Kramer, one of the country’s premier full-service property and financial services firms. While still a family-owned company headquartered in Chicago, we help identify and structure mortgage financing programs for clients across the United States, and have been doing
  • CommonWealth Credit Union
  • 563 William Latham Drive, Bourbonnais, IL, 60914
  • It grew to become CommonWealth Credit Union, a multi-site, full-service financial cooperative that is now community chartered to serve anyone who lives or works in Kankakee, Ford, Iroquois, Livingston, Kendall, Grundy, or Will Counties. CommonWealth Credit Union is the largest credit union in Kankakee County.
  • Municipal Bank
  • 720 Main St. NW, Bourbonnais, IL, 60914
  • Municipal Bank, we have three convenient locations in Bourbonnais, Momence and Manteno, IL, to serve you since 1971. We are a locally owned bank offering a full line of banking services. At Municipal Bank, we provide personal service to our residential and businesses. Municipal Bank is FDIC insured and an equal housing lender.
  • Archer Heights Credit Union
  • 6554 W Archer Avenue, Chicago, IL, 60638
  • Archer Heights Credit Union is a not-for-profit financial cooperative owned by its members. Credit Unions were founded on the idea that through a cooperative financial effort, individuals sharing common bonds could benefit. Credit Unions promote thrift, and income is passed along to its members in the form of higher dividends on savings accounts,
  • Metropolitan Mortgage Corp.
  • 7018 W. Archer Ave, Chicago, IL, 60638
  • With over 20 years of mortgage experience we serve our customers with honesty, integrity and competence to help them get best possible financial solutions to fulfill their dreams. Our goal is to help our clients to get home loans while providing them with the lowest interest rates and closing costs possible
  • Prime Rate Lending Group Inc
  • 6501 West Archer Avenue, Chicago, IL, 60638
  • Prime Rate Lending Group There are hundreds of mortgage products out there, we can present you the knowledge to help you make the right decision for you and your family and place your loan with a lender that best fits your needs With over 20 years of lending experience, we can assure you a through process and quality of service
  • FNBC Bank & Trust
  • 620 West Burlington Street, La Grange, IL, 60525
  • FNBC Bank & Trust is a community bank with long standing connections to the communities which we serve. With over $500 million in assets, our banking offices provide a full range of personal and commercial deposit, loan, and trust services. FNBC offers a complete array of financial services with solutions for all financial needs in one place.
  • Countryside Bank
  • 6734 Joliet Road, Countryside, IL, 60525
  • Countryside Bank is part of Wintrust, a financial holding company based in Rosemont, Illinois, with more than $36 billion in assets. Through our multiple companies and divisions, we provide traditional community banking and commercial banking services, wealth management solutions, commercial and life insurance premium financing, mortgage originatio
  • Lending Leaf Co
  • 9908 West 55th Street, Countryside, IL, 60525
  • Lending Leaf Co. is a Mortgage Broker who provides a variety of mortgage products to assist you with finding solutions to all of your mortgage needs. Our company works with Certified Underwriters which allows issuing a decision on your application quickly. We maintain a dedicated professional sales and operations staff.
  • PARLAY MORTGAGE & PROPERTY, INC
  • 16612 W. 159th St, Suite 201, Lockport, IL, 60441
  • Parlay Mortgage & Property, where we are constantly striving to make a complicated process a little bit better. We offer all types of mortgage products including, but not limited to, Conventional, FHA, VA, Purchase, Refinance, Fresh Start (recent bankruptcy, foreclosure or short sale) and First-time Homebuyer
  • OnTime Mortgage Inc
  • 845 Midway Road, Suite 1, Willowbrook, IL, 60527
  • We're committed to building lifelong relationships with our clients and partners. Our vast lending knowledge, personalized service and latest technology will get you to the closing OnTime. Our staff will meet your needs quickly and accurately. We work for you and will honor that relationship with great service.