For 2025, the FHA loan limits in Ingalls-Park county of Will, IL, are $379,500 for a single-family residence. Two-unit homes have a limit of $485,800, three-units have $587,250, and four-units are capped at $729,800.
When it comes to conventional loans, the maximum for a single-family home is $548,250. For 2-units, it’s $702,000, for 3-units, the cap is $848,500, and for 4-units, it's $1,054,500.
Use our FHA calculator to access today’s leading FHA rates and figure out the downpayment, income, credit requirements, reserves, and necessary documentation to qualify.
The Lendersa® calculator helps compare FHA rates and terms with every other loan program. Evaluate and contrast options like Conventional loans, Jumbo loans, VA, USDA, Non-QM, and hard money loans, all alongside FHA.
Lendersa® gathers data from thousands of lenders, quickly aligning it with your specific financial profile and requirements.
The Loan Limits Comparison Table for 2025 in Ingalls-Park county of Will, IL, presents a side-by-side comparison of maximum loan amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To compare qualification necessities such as income, reserves, and credit, employ the 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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