For 2025, in the county of Will within Peotone, IL, FHA loan limits are $472,030 for a single-family residence, $604,400 for two-unit buildings, $730,525 for three-unit homes, and $907,900 for properties with four units.
Conventional loans limit is $726,200 for a single-family unit, with $929,850 for two units, $1,123,900 for three, and $1,396,800 for four-unit homes.
Our FHA calculator helps you to find the top FHA rates and outlines necessities such as downpayment, income, credit, reserves, and required documents for qualification.
Use the Lendersa® tool to compare FHA loan rates and terms with other programs like Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans.
Lendersa® accesses and compares data from numerous lenders to evaluate your unique financial needs swiftly.
The Loan Limits Table for 2025 in Peotone, Will, IL shows maximum amounts for FHA, Conventional, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To see what qualifications like income and reserves are needed, use 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 |
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