As of 2026, the FHA loan limits in Coal-City, within Grundy, IL, are set at $379,500 for single-family homes. For properties with two living units, the cap is $485,800, while three-unit residences have a limit of $587,250, reaching up to $729,800 for buildings with four units.
On the conventional side, the maximum loan size for a single-unit home is $548,250. For two-unit dwellings, it's $702,000, increasing to $848,500 for three units, and peaking at $1,054,500 for four-unit homes.
Our FHA calculator is an excellent tool to access today's leading FHA rates. It will assist you in evaluating essential aspects like the necessary downpayment, income requirements, credit score, reserves, and documentation needed for qualification.
Review comprehensive loan offers from an array of 100 lenders to determine what best suits your financial objectives.
The Lendersa® calculator is a powerful tool designed to compare the rates and terms of FHA loans with those of other financing programs. Delve into a variety of options, including Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans, all alongside FHA pathways.
Lendersa® aggregates detailed data from a multitude of lenders and promptly tailors this information, aligning it perfectly with your distinct financial needs and priorities.
Our Loan Limits Comparison Table for 2026 in Coal-City, Grundy, IL offers a comprehensive comparison of maximum loan amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. For further insights into specific qualification metrics like income, reserves, and credit history, make use of Lendersa® Super Loan Integrated Qualifier (SLIQ™).
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $379,500 | $485,800 | $587,250 | $729,800 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $548,250 | $702,000 | $848,500 | $1,054,500 |
| USDA | $303,600 | $303,600 | $303,600 | $303,600 |
| VA | $548,250 | $702,000 | $848,500 | $1,054,500 |
| None-Qm | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 |
| None- QM- Super Jumo | $5,000,000 | $5,000,000 | $5,000,000 | $5,000,000 |
| Reverse Mortgage (HECM) | $822,375 | $822,375 | $822,375 | $822,375 |
| Proprietary Reverse Mortgage (Non-FHA) | $4,000,000 | $4,000,000 | $4,000,000 | $4,000,000 |
| Hard Money | $90,000,000 | $90,000,000 | $90,000,000 | $90,000,000 |
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