For the current year, 2026, the FHA loan limits in Skokie county, located in Cook, IL, stand at $472,030 for a single-family home. The limits extend to $604,400 for 2-units, $730,525 for 3-units, and $907,900 for 4-units.
Regarding conventional loans, the maximum allowable loan for a single-family home is $726,200, with limits increasing to $929,850 for 2-unit households, $1,123,900 for 3-unit homes, and $1,396,800 for 4-unit properties.
Our FHA calculator is at your service to discover current favorable FHA rates. It evaluates required downpayment, income, creditworthiness, reserves, and documentation necessary for qualification.
The Lendersa® calculator provides a platform for comparing FHA loan rates and terms alongside other lending programs. Assess and contrast FHA with Conventional, Jumbo, VA, USDA, Non-QM, and Hard Money loans.
Lendersa® retrieves loan program information from numerous lenders, swiftly matching it with your personalized financial situation and preferences.
Discover Loan Limits Comparison for 2026 in Skokie county, Cook, in IL. Compare limits for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgages (HECM), and Hard Money loans. Additionally, for a comparative analysis of qualification criteria like income, credit, and reserves, 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 | $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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