In 2025, the FHA loan limit in Venetian-Village county of Lake, IL is outlined as follows: $379,500 for a single-family home, $485,800 for two-unit properties, $587,250 for three units, and $729,800 for four units.
For conventional loans, the maximum amounts available are $548,250 for a single-family residence, $702,000 for duplexes, $848,500 for triplexes, and $1,054,500 for properties with four units.
Use our FHA calculator to find today's best FHA rates and to calculate the required downpayment, income, credit, reserves, and needed documents for qualification.
The Lendersa® calculator aids in comparing FHA rates and terms with those of other loan programs. Examine options like Conventional, Jumbo, VA, USDA, Non-QM, and hard money loans against FHA choices.
With quick access to comprehensive data from thousands of lenders, Lendersa® aligns loan program details with your individual financial needs.
The Loan Limits Comparison Table for 2025 in Venetian-Village county of Lake, IL, provides a comparison of maximum amounts for FHA, Conventional Conforming, Jumbo, USDA, VA, Non-QM, Super Jumbo, Reverse Mortgage (HECM), and hard money loans. To dive deeper into qualification specifics like income, reserves, and credit, utilize 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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