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Illinois FHA Mortgage Loan Limits
Many Illinois homeowners benefit significantly from the FHA raising the loan limits. The recent increases with the FHA mortgage loan limits. Mid-West borrowers can now find fixed rate refinance loans up to $410,000 in high cost neighborhoods near Chicago.
Our Illinois lenders have stated that refinancing applications have increased this year. Getting a fixed rate mortgage you can afford makes a lot of sense for Illinois borrowers who found themselves just outside the conforming and FHA loan limits just a few months ago. The Housing of Urban Development raised the Illinois mortgage maximum limits for 2008 and the loan changes can be seen below by county.
Name |
County Name |
State |
One-Family |
Two-Family |
Three-Family |
Four-Family |
QUINCY , IL-MO |
ADAMS |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CAPE GIRARDEAU-JACKSON , MO -IL |
ALEXANDER |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
ST. LOUIS |
BOND |
IL |
$281,250 |
$360,050 |
$435,200 |
$540,850 |
ROCKFORD |
BOONE |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
BROWN |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
OTTAWA-STREATOR |
BUREAU |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
ST. LOUIS |
CALHOUN |
IL |
$281,250 |
$360,050 |
$435,200 |
$540,850 |
NON-METRO |
CARROLL |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
CASS |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CHAMPAIGN-URBANA |
CHAMPAIGN |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
TAYLORVILLE |
CHRISTIAN |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
CLARK |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
CLAY |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
ST. LOUIS |
CLINTON |
IL |
$281,250 |
$360,050 |
$435,200 |
$540,850 |
CHARLESTON-MATTOON |
COLES |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CHICAGO-NAPERVILLE-JOLIET |
COOK |
IL |
$410,000 |
$524,850 |
$634,450 |
$788,450 |
NON-METRO |
CRAWFORD |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CHARLESTON-MATTOON |
CUMBERLAND |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
DE WITT |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CHICAGO-NAPERVILLE-JOLIET, |
DEKALB |
IL |
$410,000 |
$524,850 |
$634,450 |
$788,450 |
NON-METRO |
DOUGLAS |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CHICAGO-NAPERVILLE-JOLIET |
DUPAGE |
IL |
$410,000 |
$524,850 |
$634,450 |
$788,450 |
NON-METRO |
EDGAR |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
EDWARDS |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
EFFINGHAM |
EFFINGHAM |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
FAYETTE |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CHAMPAIGN-URBANA |
FORD |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
FRANKLIN |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CANTON , IL |
FULTON |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
GALLATIN |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
GREENE |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CHICAGO-NAPERVILLE-JOLIET |
GRUNDY |
IL |
$410,000 |
$524,850 |
$634,450 |
$788,450 |
MOUNT VERNON , IL |
HAMILTON |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
HANCOCK |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
HARDIN |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
BURLINGTON , IA-IL |
HENDERSON |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
DAVENPORT-MOLINE-ROCK ISLAND , IA -IL |
HENRY |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
IROQUOIS |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CARBONDALE , IL |
JACKSON |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
JASPER |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
MOUNT VERNON , IL |
JEFFERSON |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
ST. LOUIS , MO-IL |
JERSEY |
IL |
$281,250 |
$360,050 |
$435,200 |
$540,850 |
NON-METRO |
JO DAVIESS |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
NON-METRO |
JOHNSON |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CHICAGO-NAPERVILLE-JOLIET |
KANE |
IL |
$410,000 |
$524,850 |
$634,450 |
$788,450 |
KANKAKEE-BRADLEY , IL |
KANKAKEE |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
CHICAGO-NAPERVILLE-JOLIET , IL |
KENDALL |
IL |
$410,000 |
$524,850 |
$634,450 |
$788,450 |
GALESBURG , IL |
KNOX |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
OTTAWA-STREATOR , IL |
LA SALLE |
IL |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
LAKE COUNTY-KENOSHA COUNTY |
LAKE |
IL |
$410,000 |
$524,850 |
$634,450 |
$788,450 |
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"After spinning our wheels with mortgage brokers online, it was nice to find a lender that met our needs with a low rate refinance that even gave us cash back. Thanks for all your help!"
– The Cassidy Family
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