FHA Financing Limits in il and you will Suburbs
- DuPage: DuPage State, Illinois
- McHenry: McHenry Condition, Illinois
- Kane: Kane, State Illinois
HUD generally had large financing constraints for Chicago together with half a dozen suburbs out of il, Illinois than many other areas of Illinois. The present day FHA mortgage limitations for the Chicago, in addition to surrounding Chicagoland as well as half dozen counties, have raised dramatically having unmarried-family members belongings and you will multiple-nearest and dearest home.
FHA Money Limits when you look at the il and you will Suburbs To have 2024
Right here was in fact the fresh new FHA financing limitations within the Chicago and you will encompassing suburbs in which the Make, Lake, Have a tendency to, DuPage, McHenry, and you may Kane Areas was:
- Unmarried Home FHA Mortgage Restrictions For the il And Related Suburbs off Illinois $492,257
- One or two Product Services, FHA Loan Constraints During the Chicago And you can Close Areas $637,950
- About three Product Features, FHA Financing Limitations Into the Chicago And you can Close Areas of il $771,125
- Five Equipment Characteristics, FHA Loan Constraints In Chi town And you may Surrounding Areas of Chi town $
You could potentially qualify and buy a one in order to four-product possessions getting an FHA mortgage in the Chicago and Chicagoland Urban area which have a good step three.5% down payment and you can a good 580 FICO Credit history.