In 2026, the FHA loan limit within Morton-Grove county of Cook, IL is set at $379,500 for a single-family dwelling. It is $485,800 for 2-unit residences, $587,250 for homes with 3-units, and $729,800 for those with 4-units.
The maximum amount for conventional loans on a single-family home is $548,250. For 2-units it's $702,000, for three-unit properties it's $848,500, and four-unit configurations cap at $1,054,500.
Utilize our FHA calculator to discover today’s best FHA rates and to determine the required downpayment, income, credit score, reserves, and documents necessary for qualification.
The Lendersa® calculator empowers you to compare FHA rates and terms with those of assorted other loan programs. Examine options including Conventional loans, Jumbo loans, VA loans, USDA loans, Non-QM, and hard money loans alongside FHA offerings.
Lendersa® efficiently collects loan program data from numerous lenders, offering instantaneous comparisons tailored to fit your specific financial profile and requirements.
The Loan Limits Comparison Table for 2026 in Morton-Grove, within Cook, IL, provides insights into maximum loan amounts across FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To explore qualification criteria such as income, reserves, and credit needs, use 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 | $0 | $0 | $0 | $0 |
| 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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