In 2026, FHA loan limits for Round-Lake county, Lake, IL are $379,500 for a single-family home, $485,800 for 2-units, $587,250 for 3-units, and $729,800 for 4-units.
The cap for conventional loans on a single-family residence is $548,250. For 2-units, it is $702,000, for 3-units $848,500, and for 4-units, $1,054,500 applies.
Use our FHA calculator to check today's FHA rates and figure out the required downpayment, income, credit score, reserves, and documents needed for qualification.
The Lendersa® calculator provides a way to compare FHA rates and terms against different programs, including Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans.
By using data from thousands of lenders, Lendersa® efficiently aligns offerings with your financial needs and profile.
The Loan Limits Table for 2026 in Round-Lake, Lake, IL reveals maximum amounts for FHA, Conventional, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. Use Lendersa® Super Loan Integrated Qualifier (SLIQ™) for qualification requirements like income, reserves, and credit.
| 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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