In 2026, the FHA loan limits in Mundelein county, Lake, IL, are set at $472,030 for single-family homes, $604,400 for 2-units, $730,525 for 3-units, and $907,900 for 4-units.
The maximum amount for conventional loans on a single-family home is $726,200. For 2-units, it increases to $929,850, for 3-units, $1,123,900, and reaches $1,396,800 for 4-units.
Use our FHA calculator to find today's prime FHA rates, assess downpayments, income needs, credit requirements, reserves, and necessary documents to qualify.
The Lendersa® calculator helps you compare FHA rates and terms with other loan programs. Explore loans, including Conventional, Jumbo, VA, USDA, Non-QM, and Hard Money alongside FHA.
Lendersa® gathers data from thousands of lenders and rapidly matches it to your financial profile and needs.
The Loan Limits Comparison Table for 2026 in Mundelein county, Lake, IL, provides maximum amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and Hard Money loans. For comparing qualification requirements such as income, reserves, and credit, use 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 | $0 | $0 | $0 | $0 |
| 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 |
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