FHA VS Conventional loan programs in South-Elgin, Kane County, Illinois
With the start of 2025, the Conventional loan cap in South-Elgin, specifically within the county of Kane, IL, reaches $647,200, while the maximum for FHA loans is set at $420,680 for single-family homes.
Leverage the Lendersa® Conventional loan calculator to review the current Conventional, FHA, and USDA rates. Identify the necessary income, credit, reserves, and documents for qualification. This advanced mortgage calculator displays Conforming Conventional, USDA, FHA, and VA options side by side, assisting in choosing the optimal program for your financial status in IL.
Loan Ceilings and Down Payment Details in South-Elgin, County of Kane, IL for 2025
Loan Category
Set Limit
Initial Down Payment
Conventional Conforming
$647,200
3%
USDA
$303,600
0%
FHA
$420,680
3.5%
This summarized table includes zip codes: 60177
Exploring Conventional and FHA Loan Opportunities in South-Elgin, IL
The goal of Lendersa® is to facilitate fast and straightforward access to favorable Conventional, USDA, or FHA loans. Choose from three starting paths to connect with matching lenders and loan programs.
We were charted in 1953 as the Strip Steel Employees Federal Credit Union. We were originally created to service the strip, sheet mill and salary division of Weirton Steel Corporation. At the peak of the company’s history, it employed over 12, 000 people and supported three (3) credit unions. Over the past 50 years the company
First Choice America Community Federal Credit Union was formed to support the hard-working men and women of the Ohio Valley. Our legacy continues for our customers today. Our credit union, a member-owned financial cooperative, provides families and businesses in the Tri-State area competitive rates so our customers benefit.
Our goal Is to provide quality and ethical mortgage lending advise while providing the highest level of professional service. We reach out to lenders across the country to find you the best rate on your mortgage. Why let a high mortgage rate spoil your next house or a bank have you pay more for a loan then you need.
First Nebraska Bank is a full-service community bank with 11 locations and 1 loan production office in central and eastern Nebraska. Our history in Nebraska banking can be traced all the way back to 1879. We are proud that our commitment to the success of our customers and the economic growth of the communities.
SELECT MORTGAGE, INC. our industry resources make us uniquely qualified to offer you a variety of flexible mortgage programs with an unsurpassed level of customer service. We are able to offer FREE same day pre-approvals! We're here to answer your questions and to help you understand every step
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
AGCU is a faith-based credit union, affiliated with the Assemblies of God since 1951. Our vision is to be the most relevant faith-based credit union in the world to our members, fellowship, communities, organization, and co-workers. AGCU provides banking options for individuals, families, businesses, nonprofits, and ministry organizations.
We now offer Mobile Deposit Capture and encourage our mobile banking customers to check it out on your mobile device. Or, you may contact one of our customer service representatives for more information on the features of the product, such as how to enable Touch ID, etc. Our customers have requested this product
