FHA VS Conventional loan programs in Merrillville, Lake County, Indiana

In 2025, Convetional loan limit in Merrillville, 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.

Compare loan offers from 100 lenders

2025 loan limits and downpayment requirments in Merrillville, 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: 46410, 46307, 46401, 46411

Conventional and FHA loan options in Merrillville, 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.

Lendersa USDA loan request and matching results


  • NEIGHBORHOOD LOANS, INC
  • 55 West 22nd Street, Suite 130, Lombard, IL, 60148
  • Neighborhood Loans, we are passionate mortgage banking professionals with one goal in mind – make our clients, our priority. Neighborhood Loans is a Residential Mortgage Lender utilizing a business model aimed at educating and enabling consumers in a rapidly changing market. Our mission is to provide the finest service.
  • Market Place Mortgage Corp.
  • 246 E. Janata Blvd, Suite 220, Lombard, IL, 60148
  • Market Place Mortgage Corp Founded in 2008 by seasoned mortgage professionals with no place to go to share their ideal respect for customers Market Place Mortgage, like the name intended, was designed to offer choices to customers and put the customer first. We are a mortgage bank that offers the full spectrum of every lending option in the market.
  • Asset Mutual Mortgage,Inc
  • 2500 S Highland Ave Suite 310, Lombard, IL, 60148
  • Asset Mutual Mortgage has a reputation as one of the best mortgage lenders Chicago has to offer. With positive ratings overflowing on Zillow, you can be confident in trusting us to be your personal mortgage planner. Count on us to guide you through the process of buying or refinancing your home
  • John Gurhy Mortgages
  • 7788 N Milwaukee Ave, Niles, IL, 60714
  • The Irish money man, LLC can arrange loans on Commercial Properties up to 50 units and up to 4 units for Non Resident buyers. All conventional, FHA and VA loans originated and closed through C and R Mortgage 7788 North Milwaukee Avenue Niles Illinois 60714. NMLS no 227317 with John Gurhy as loan officer NMLS No 1104206.
  • Mortgage Square Inc
  • 8047 North Milwaukee Avenue, Niles, IL, 60714
  • Our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today.
  • C & R Mortgage Corporation
  • 7788 North Milwaukee Avenue, Niles, IL, 60714
  • C&R Mortgage Corporation Team is your premier reverse mortgage team located in Cape Coral, Florida. Also, licensed in Illinois, Indiana, Wisconsin, Michigan, Colorado, California and Tennessee. The experienced team members here are committed to quality customer service and putting the needs.
  • Partnership Financial Credit Union
  • 5940 Lincoln Avenue, Morton Grove, IL, 60053
  • Partnership Financial Credit Union (PFCU) is a member-owned financial institution serving more than 15,000 members. We remain dedicated to maintaining close, personable relationships with our members while delivering the best possible products and services. We strive to offer the most competitive products
  • Northwest Community Credit Union
  • 8930 Waukegan Road, Suite 100, Morton Grove, IL, 60053
  • Northwest Community Credit Union was first organized in 1939 by the members of a church on the northwest side of Chicago. It has since grown into a reliable, trustworthy cooperative with a full breadth of financial services. Our members come from seven towns, thirty parishes and numerous employee groups to work with a partner they trust.
  • Credit Banc Plus Inc
  • 306 West Higgins Road, Park Ridge, IL, 60068
  • Marcela Siroky Being a mortgage broker, She is able to help you check for the best possible interest rates from different lenders. Whether you are ready to apply for a mortgage or just looking for an advice, She always here to guide you in the right direction, so that YOU are happy & confident when making one of the biggest decisions in your life.
  • GRU Financial Corporation
  • 1410 Higgins Road, Suite 103, Park Ridge, IL, 60068
  • At GRU Financial we provide various types of financing for individuals and businesses. Our expertise and partnerships with national lenders guarantee complete satisfaction of your financial needs. We will provide you with free credit and income analysis, and advise you how to prepare for the purchase.
  • Mutual Financial Corporation
  • 2860 S River Rd, Suite 365, Park Ridge, IL, 60068
  • Mariana Kotzeva Loan Specialist at MUTUAL FINANCIAL CORPORATION With 15 years of successful experience in position of increasing responsibility and duties. Top performer with track record of consistently meeting or exceeding sales goals and customer expectations. Skilled in educating customers on mortgage products