FHA VS Conventional loan in Wonder-Lake, McHenry County, Illinois

For the year 2025, the conventional loan limit within Wonder-Lake, located in McHenry county, IL, is set at $647,200. Meanwhile, the FHA limit for a single-family residence is $420,680.

Utilize the Lendersa® Conventional loan calculator to examine the current options among Conventional, FHA, and USDA rates. This tool assists in assessing necessary income, credit qualifications, reserves, and documentation to meet qualification requirements. Our sophisticated mortgage calculator showcases Conventional, USDA, FHA, and VA loans side-by-side, aiding in the determination of the most suitable program in IL for your specific financial needs.

Explore loan proposals from 100 lending institutions

Loan limits and downpayment requirements for 2025 in Wonder-Lake, McHenry county, IL

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

The outlined figures are applicable for the zip codes of: 60097, 60050

Options for Conventional and FHA loans in Wonder-Lake, IL

The primary aim of Lendersa® is to facilitate the acquisition of the most competitive Conventional, USDA, or FHA loans efficiently and without hassle. Begin with one of our three pathways designed to connect you with matching lenders and loan programs.

Lendersa USDA loan requests and matchmaking results


  • Capital City Mortgage, Inc.
  • 237 S 70th St, Suite 105, Lincoln, NE, 68510
  • Capital City Mortgage, Inc opened its doors in October 2003. We are celebrating our 10th Anniversary. We have been in the same location for 10 years, we did expand the office size in 2007. Have been very fortunate to have the same processor for 10 years. Our goal is to have the best rates and superior service.
  • USX Federal Credit Union
  • 1293 Freedom Road, Cranberry Township, PA, 16066
  • USX FCU was founded in 1938 by several United States Steel Corporation employees with a mission to educate its members about financial matters and help them manage their daily financial affairs and also to provide members with advantages in every aspect of their financial lives and giving them the confidence of financial security
  • Welcome Home Finance, LP
  • 8050 Rowan Rd, Suite 503, Cranberry Township, PA, 16066
  • We have built a strong reputation as an outstanding mortgage lender, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state of Pennsylvania. We're a full service, independently owned mortgage lender with an experienced staff offering expertise in every area of mortgage lending
  • Security Bank
  • 120 North Mill Avenue, Dyersburg, TN, 38024
  • Security Bank's heritage is one built on financial strength and integrity. Our corporation was chartered as a state bank on April 3, 1931. At that time, it was called Newbern State Bank and was located in downtown Newbern. In October 1968, the name was changed to Security State Bank to reflect its expansion into other Dyer County towns.
  • LincOne Federal Credit Union
  • 4638 W Street, Lincoln, NE, 68503
  • LINCONE Federal Credit Union is a Financial Services company located in Lincoln, Nebraska, United States. We are unique from other institutions. We are not owned by shareholders, we are owned by our members; Anyone that lives, works, worships, or attends school in Lancaster County, NE.
  • Lincoln Federal Savings Bank
  • 8400 Maddox Dr., Lincoln, NE, 68501
  • Lincoln Federal Savings Bank was formed in 1906 and is organized as a mutual holding company. This means that the Bank is essentially owned by the depositors of the Bank meaning there are no outside shareholders. This structure allows the Bank to offer highly competitive rates to customers on both loans
  • Liberty First Credit Union
  • 501 North 46th Street, Lincoln, NE, 68503
  • Liberty First Credit Union is unique in the financial services industry. We are a member-owned, not-for-profit financial cooperative. Those who do business with us are known as members. We exist solely to provide our members with affordable financial services; and members work together to achieve their financial goals.
  • Lincoln Home Loans
  • 40 Burton Hills Blvd, Suite 200, Nashville, TN, 37215
  • The Lincoln Home Loans 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.
  • Legacy Home Loans
  • 4025 Hillsboro Pike, Suite 601, Nashville, TN, 37215
  • 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.