FHA VS Conventional loan programs in University-Park, Cook County, Illinois

As of 2025, the conventional loan limit in University-Park, within Cook county, IL, is $647,200, whereas the FHA limit for a single-family home is $420,680.

To compare the best rates today for Conventional against FHA and USDA loans, use the Lendersa® Conventional loan calculator. This tool helps determine the required income, credit, reserves, and necessary documentation to qualify. Our advanced mortgage calculator displays Conforming Conventional loans alongside USDA, FHA, and VA programs side by side for your optimal decision-making for financial needs in IL.

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2025 Loan Limits and Down Payment Requirements in University-Park, Cook County, IL

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

This table pertains to these zip codes: 60484, 60449

Options for Conventional and FHA Loans in University-Park, IL

The objective of Lendersa® is to help you find the best Conventional, USDA, or FHA loan rapidly and seamlessly. Start from one of three approaches to pinpoint matching lenders and suitable loan programs.

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  • Union Building Trades Federal Credit Union
  • 205 Cherry Hill Road, Parsippany, NJ, 07054
  • Union Building Trades Federal Credit Union, a unique financial institution serving the building trade unions of Northeastern U.S.. Union Building Trades Federal Credit Union is a member owned, not for profit, financial cooperative dedicated to the financial well being of its members.
  • HomeLend Mortgage
  • 959 Route 46 East, Suite 401, Parsippany, NJ, 07054
  • HomeLend Mortgage is a direct lender proud to serve you with honesty, integrity, and competence. We provide home loans with the lowest interest rates and closing costs possible. HomeLend Mortgage apart from other digital mortgage & refinance providers is not just our competitive low rates and our robust array of loan programs
  • KWIK MORTGAGE CORPORATION
  • 959 Route 46 East, Suite 401, Parsippany, NJ, 07054
  • Kwik Mortgage was founded in 1998 with a commitment to break down the barriers to owning a home & educating homeowners. Kwik Mortgage has helped hundreds of families find ways to accomplish their home ownership needs whether buying a first home or refinancing your current loan. Customizing a mortgage to suit your family’s specific needs is an art.
  • E-Lend
  • 7 Entin Road, Suite 202, Parsippany, NJ, 07054
  • eLEND® is a National mortgage lender that utilizes technology in ways that simplifies the home loan process. From e-signatures for your disclosures to online status updates of your loan, eLEND® will change the way you think of the cumbersome mortgage process. eLEND® believes in speed and transparency as the way to ultimate customer satisfaction.
  • MORTGAGE XPRESS LLC
  • 364 Parsippany Road, Suite 7B, Parsippany, NJ, 07054
  • We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention. Today's technology is providing a more productive environment to work in. For example, through our website you can submit a complete on-line
  • XL Home Loans
  • 40 Baldwin Road, Parsippany, NJ, 07054
  • XL Home Loans is trade name of Millenium Home Mortgage, LLC. Millenium Home Mortgage, LLC was established in January of 1998 and has built a strong reputation as an outstanding mortgage banking firm serving the lending needs of real estate professionals, builders and individual home buyers throughout New Jersey, New York, Pennsylvania
  • H&R Funding LLC
  • 1280 US Highway 46, Parsippany, NJ, 07054
  • H&R Funding, LLC has a history of providing consistent and dependable service. We are pleased to offer customized, trusted solutions to meet your home buying needs, no matter what the existing market conditions. Our qualified, experienced Mortgage Loan Originators are specially trained professionals who will use their experience
  • Family Home Funding Corporation
  • 11 Keil Avenue, Kinnelon, NJ, 07405
  • The Family Home Funding team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one-on-one to ensure that you get a financial solution that is tailored specifically to meet your financing needs