FHA VS Conventional loan programs in Spring-Grove, McHenry County, Illinois

In the year 2025, for a single-family home in the county of McHenry, Spring-Grove, IL, the conventional loan limit is set at $647,200, whereas the FHA limit is $420,680.

Utilize the Lendersa® Conventional loan calculator to contrast today's best rates between Conventional, FHA, and USDA loans. It helps determine what income, credit score, reserves, and documents are needed for eligibility. With our comprehensive mortgage calculator, see side-by-side comparisons of Conforming Conventional, USDA, FHA, and VA loans to choose the best option in IL for your financial needs.

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2025 Loan Limits and Down Payment Requirements in Spring-Grove, McHenry County, IL

Loan Type Loan Limit Down Payment
Conventional Conforming $647,200 3%
USDA $303,600 0%
FHA $420,680 3.5%

This table applies to zip codes: 60081

Explore Conventional and FHA Loan Options in Spring-Grove, IL

Lendersa® aims to quickly connect you with the best Conventional, USDA, or FHA loan with ease. Choose from three starting points to find lenders and loan programs that suit your needs.

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  • Jim Mischner
  • 644 North Broadway, Lexington, KY, 40508
  • Jim Mischner is a "private mortgage" lender. He loans his own money to real estate investors who either are purchasing non-owner occupied properties or are refinancing the non-owner occupied properties they already own. These properties include commercial, multi-family and all rental properties. Lending $20, 000 - $4, 000, 000 and CLOSE IN 10 DAYS!
  • KUE Federal Credit Union
  • 1 Quality Street, Lexington, KY, 40507
  • KUE Federal Credit Union has been open since 1976. It's the 25th largest credit union in Kentucky with assets totaling $55.24 Million and providing banking services to more than 3,000 members. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups.
  • Central Bank of Jefferson County
  • 300 West Vine Street, Lexington, KY, 40507
  • Central Bank traces its roots back to 1938, when the Southern Industrial Loan Company was founded. Soon after that, the name was changed to Central Exchange Bank. In 1946, Garvice D. Kincaid purchased Central Exchange Bank and shortened the name to Central Bank. We’ve grown significantly from our humble beginnings at the corner of Short
  • HSLC - Lexington Loan Production Office
  • 444 E Main St 106, Lexington, KY, 40507
  • We offer loan services in Lexington while providing mortgage industry expertise in their next purchase or refinance. Our loan services include residential and commercial loans. Whether you're looking to buy a new home or car, purchase commercial property, buy farmland or farm equipment, you can get started with The Home Savings and Loan Company.
  • Blue Loans LLC
  • 323 East Garfield Road, Suite 10, Aurora, OH, 44202
  • Blue Loans is committed to providing you outstanding customer service. We know getting a mortgage is very important to you, and we are here to help you every step of the way Whether you are buying a home or refinancing, we are here for you. We are dedicated to serving the Northeast Ohio area. This is our home, and we are eager to help.
  • Brewster Federal Credit Union
  • 105 S Wabash Avenue, Brewster, OH, 44613
  • Brewster Federal Credit Union has been open since 1956. The credit union has assets totaling $31.89 Million and provides banking services to more than 3, 000 members. The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
  • Center National Bank
  • 301 N. Ramsey Ave., Litchfield, MN, 55355
  • Center Bank is a people-focused community bank with locations in Plymouth, Chaska & Litchfield, Minnesota. What makes Center Bank different: 1- Your money stays local, right here in Minnesota. 2- We make decisions locally after getting to know you - we don't just look at who you are on paper like big banks. 3 - you’re not a customer — you’re family
  • Lincoln National Bank
  • 41 Lincoln Square, Hodgenville, KY, 42748
  • The Lincoln National Bank is a community bank and we take personal pride in giving one on one, friendly service for all your banking needs. We are a full service bank and offer a variety of checking, savings and loan products and other services. We've been committed to serving Hodgenville, LaRue County and the surrounding area since 1889.
  • Magnolia Bank
  • 794 Old Elizabethtown Rd, Hodgenville, KY, 42748
  • Magnolia Bank is a community bank established in 1919 with a strong commitment to excellent customer service. This approach to banking is what we were founded on and what has allowed us to grow and serve new markets. At our banking centers in KY, we offer a variety of financial services to meet all your personal and business banking needs.