In 2026, the FHA loan limits for Kankakee county, within Kankakee, IL, are as follows: $472,030 for a single-family home, $604,400 for properties with two units, $730,525 for three-unit residences, and $907,900 for four-unit structures.
Regarding conventional loans, the maximum amount for a single-family residence is set at $726,200. Properties with two units have a limit of $929,850, those with three units can secure $1,123,900, and for four-unit buildings, it is $1,396,800.
Utilize our FHA calculator to uncover today’s optimal FHA rates. Determine necessary downpayment, required income, credit qualifications, reserves, and documents needed for successful qualification.
The Lendersa® calculator provides the ability to compare FHA loan rates and terms with other lending programs, including Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans, facilitating a comprehensive comparison.
Gleaning comprehensive loan program data from thousands of lenders, Lendersa® efficiently matches these options to your distinct financial profile and requirements.
The Loan Limits Comparison Table for 2026 in Kankakee, situated in Kankakee, IL, compares maximum loan amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To evaluate qualifications such as income, reserves, and credit, utilize the Lendersa® Super Loan Integrated Qualifier (SLIQ™).
| SFR | 2 Units | 3 Units | 4 Units | |
|---|---|---|---|---|
| FHA | $472,030 | $604,400 | $730,525 | $907,900 |
| Conventional Conforming | $548,250 | $702,000 | $848,500 | $1,054,500 |
| Convetional High Balance | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| USDA | $336,500 | $336,500 | $336,500 | $336,500 |
| VA | $726,200 | $929,850 | $1,123,900 | $1,396,800 |
| 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 |
|
|
|
|
|
|
|
|
|
|
|
FHA Guides
TYPES OF LOANS WE HANDLE:
CITIES CLOSE BY:
