Explore the differences! FHA VS Conventional loan programs in Hobart, Lake County, Indiana
In 2025, Convetional loan limit in Hobart, county of Lake, IN is $726,200 while FHA limit is $472,030 for a single-family home.
Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in IN is best for your particular financial situation.
2025 loan limits and downpayment requirments in Hobart, county of Lake, IN
Loan Type
Loan Limit
Down payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
The comparison table applies to zip codes: 46342, 46410
Conventional and FHA loan options in Hobart, IN
Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.
At First American Bank, we're small enough to provide the personal attention that makes you comfortable coming to us for a multi-thousand-dollar auto loan. As the largest privately held bank in Illinois, we're big enough that you can also get multi-million-dollar financing if your company exports auto parts – or anything else.
836 S Arlington Heights Rd, Suite 182, Elk Grove Village, IL, 60007
Z Reverse Mortgage is a free informational resource for seniors and their families on the reverse mortgage process. We provide senior citizens with all the necessary information and assistance in order to identify the right loan programs, determine property value, and begin the process.
218 W. Washington Street, Suite 900, South Bend, IN, 46601
Centennial Mortgage is a privately held results-driven lender providing proactive, end-to-end solutions exclusively for multi-family and healthcare owners/developers seeking HUD and USDA financing. Our approach is delivered with a high-touch level of customer service found only with a specialized lender.
Northbrook Bank & Trust Company, National Association
1100 Waukegan Rd, Northbrook, IL, 60062
We're your local Wintrust Community Bank. As part of the larger Wintrust Community Bank family, we were built in this area, for this area. We work hard to be an asset to the people and communities we serve: to get to know you and your needs in order to offer the best banking products and even better service.
Centrust Bank provides primarily commercial banking services. Its commercial banking products include commercial and industrial loans, as well as commercial real estate, construction and multi-family loans. Additionally, it originates loans through the Small Business Administration related to business acquisitions and commercial real estate loans.
Metro Mortgage Services was founded in 1995 by Edie Jerome. While there was many mortgage companies in northwest suburban Chicago, very few specialized in finding creative solutions for buyers. Metro Mortgage Services has built a solid reputation helping all types of buyers.
Whether you are:
a first time buyer etc.
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.
1901 Raymond Drive, Suite, Suite 1, Northbrook, IL, 60062
B2 Funding Corporation Regardless of whether you are a first-time home-buyer, at B2 Funding we give you the personal attention you deserve to help you reach your goals. It has been our pleasure working with our clients in over the years, and we hope that our excellence will continue to foster new relationships in the future.
At EON Mortgage Group, our focus is to provide you with the best mortgage broker services possible. We have a passion for the mortgage loans industry, and our loan officer is dedicated to working with you to find the loan that best fits your needs. Our staff will help compare banks for you to help you get the best rates possible on your loan.