FHA Financing Limits into the Chicago and you will Suburbs
- DuPage: DuPage State, Illinois
- McHenry: McHenry State, Illinois
- Kane: Kane, State Illinois
HUD generally got large loan limits having Chi town as well as the six suburbs out-of Chi town, Illinois than other counties regarding Illinois. The current FHA loan constraints during the Chi town, and the nearby Chicagoland and its particular half dozen areas, have raised drastically for solitary-family members residential property and you can multi-family unit members property.
FHA Loans Limits during the il and you will Suburbs To possess 2024
Here have been the fresh FHA loan limits inside the il and you can related suburbs the spot where the Plan, Lake, Will, DuPage, McHenry, and you can Kane Areas was:
- Single House FHA Mortgage Constraints During the Chi town And you can Nearby Suburbs out-of Illinois $492,257
- Two Tool Properties, FHA Financing Restrictions From inside the il And you can Related Areas $637,950
- About three Product Qualities, FHA Financing Limitations Within the Chi town And Nearby Areas from il $771,125
- Four Equipment Properties, FHA Financing Constraints For the Chicago And Surrounding Counties regarding Chi town $
You could potentially meet the requirements and purchase a single so you’re able to four-equipment possessions to have an enthusiastic FHA financing in the Chi town additionally the Chicagoland Urban area which have an excellent step three.5% downpayment and you may good 580 FICO Credit rating.