FHA Mortgage Constraints within the il and you can Suburbs
- DuPage: DuPage State, Illinois
- McHenry: McHenry State, Illinois
- Kane: Kane, State Illinois
HUD generally speaking had large financing limitations having Chi town in addition to six suburbs off Chi town, Illinois than other counties from Illinois. The modern FHA mortgage constraints in the il, and surrounding Chicagoland and its half dozen counties, have increased considerably to own single-family relations home and you will multi-loved ones home.
FHA Fund Restrictions within the Chi town and you can Suburbs To have 2024
Here have been the fresh FHA loan limits inside the il and you can nearby suburbs the spot where the Make, Lake, Tend to, DuPage, McHenry, and Kane Counties is actually:
- Single Family home FHA Mortgage Constraints Within the il And Surrounding Suburbs away from Illinois $492,257
- One or two Unit Qualities, FHA Loan Restrictions Inside Chicago And you can Close Counties $637,950
- Around three Tool Qualities, FHA Mortgage Restrictions When you look at the Chicago And you may Encompassing Areas away from Chicago $771,125
- Four Equipment Residential properties, FHA Financing Limits For the Chicago And you can Nearby Areas out of il $
You can meet the requirements and purchase a one to help you five-product possessions to possess an FHA mortgage from inside the Chicago in addition to Chicagoland Town with good step 3.5% advance payment and you can a good 580 FICO Credit history.