FHA VS Conventional loan programs in 2025 for 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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  • Guardian Mortgage Co Inc
  • 5090 N 40th St, Suite, Suite 100, Phoenix, AZ, 85018
  • Guardian Mortgage was founded in 1965 on the principles of integrity, superior customer service, and mutual trust. Today we originate loans in over 40 states and have helped over a million homeowners realize their dreams of homeownership. These are not just numbers. Our greatest source of pride comes from our clients’ satisfaction.
  • Setabay LLC
  • 22601 N 19th Ave, Suite 112, Phoenix, AZ, 85027
  • We Specialize in Private Hard Money Loans. If You Are Not Using Setabay You’re Probably Paying Way Too Much. Setabay LLC is a Arizona Private Hard Money Lender. Lending on Commercial, Investor, Rental, Fix and Flip, Multi Family. Licensed AZ Mortgage Broker and Licensed Loan Originator NMLS 1057417.
  • Goettl Mortgage Corporation
  • 2550 W Union Hills Dr, Suite 350, Phoenix, AZ, 85027
  • Goettl Mortgage Corporation since 2018. Laurie serves as a guiding light with the “Clients First” attitude that sets an example to her employees. Her ability as a leader has proven to be a benefit in spearheading every endeavor, she has been a part of in the business field. Also, she has hands-on experience with management, loan origination.
  • DGS Capital and Loans
  • 2550 N Union Hills Drive, Suite 350, Phoenix, AZ, 85027
  • At DGS, we are a full service Real Estate and Mortgage Brokerage. We have experts at your fingertips that can help you through every stage of the home buying process. Our loan originators have a constant eye on the market and are able to advice you on the best time to lock in your rates.
  • Setabay Loan Trust Deed Investing - Private Lender
  • 22601 N 19th Ave, Suite 112, Phoenix, AZ, 85027
  • Setabay LLC, Brokers, Agents and employees are not: attorneys, real estate appraisers, financial planners, securities dealers or accountants and we do not give advice as to these professions. If the loan is denied for any reasons, Setabay LLC is not responsible for refunding any of the costs/fees or services pay directly by you.
  • Barrett Financial Group
  • 2701 E Insight Way, Suite 150, Chandler, AZ, 85286
  • At Barrett Financial Group, we harness 20 years of experience to offer you unparalleled lending solutions. From conventional mortgages to niche loans for self-employed individuals, our expertise spans FHA, VA, USDA, and more. Trust us to provide tailored, professional guidance and financing options to suit your unique needs. Contact us today to mak
  • Ashley Blanton Home Loans
  • 3100 W Ray Rd, Suite 201, Chandler, AZ, 85286
  • 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.
  • Discount Mortgage Advisors LLC
  • 16810 East Avenue of The Fountains Ave, Fountain Hills, AZ, 85286
  • Discount Mortgage Founder of the steve We are a full-service mortgage company based in Fountain Hills, AZ. We specialize in originating Home Loans EVERYWHERE in Arizona, EVERYWHERE in Colorado and EVERYWHERE in California and surrounding cities. Get Your easy, hassle-free digital mortgage here.