Dan Green

Dan Green

Since 2003, Dan Green has been a leading mortgage lender and respected industry authority. His unwavering commitment to first-time home buyers and home buyer education has established him as a trusted voice among his colleagues, his peers, and the media. Dan founded Homebuyer.com to expand the American Dream of Homeownership to all who want it. .

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Mortgage Loan Limits for Illinois

Conforming Loans
FHA Loans
Property Type
2024 Loan Limit
1-Unit Homes
$766,550
2-Unit Homes
$981,500
3-Unit Homes
$1,186,350
4-Unit Homes
$1,474,400
Source: Federal Housing Finance Agency; Federal Housing Administration

Illinois mortgage loan limits apply in:

Historical Charts: Mortgage Loan Limits in Illinois

Illinois mortgage loan limits adjust annually to match changes in the FHFA House Price Index.

Conforming Loans
FHA Loans

Mortgage Statistics from Illinois

Illinois mortgage statistics are sourced from the FFIEC, which collects anonymous HMDA mortgage data from U.S. mortgage applications.

Loan Type
Relative Share
Conventional
71.80%
FHA
20.98%
VA
1.31%
USDA
5.91%
Property Type
Relative Share
1-Unit Homes
96.57%
2-Unit Homes
2.69%
3-Unit Homes
0.50%
4-Unit Homes
0.24%
Borrower Status
Relative Share
One Borrower
66.14%
Two or More Borrowers
33.86%
Gender
Relative Share
Male
52.51%
Female
30.52%
Not Specified
16.97%
Race
Relative Share
American Indian / Alaska Native
0.36%
Asian
7.40%
Black / African American
8.64%
Native Hawaiian / Other Pacific Islander
0.10%
White
81.33%
Other
2.17%
Ethnicity
Relative Share
Hispanic or Latino
14.45%
Not Hispanic or Latino
83.03%
Illinois data represents 2018-2022 closed-end, first-lien purchase mortgages for 1-4 unit residential properties. Source: FFEIC Home Mortgage Disclosure Act

Mortgage Loan Limits in All Illinois Counties

2024 conforming and FHA mortgage loan limits for all Illinois counties. Local loan limits and county-level mortgage data updated regularly.

Illinois Counties

Adams County, Illinois
Alexander County, Illinois
Bond County, Illinois
Boone County, Illinois
Brown County, Illinois
Bureau County, Illinois
Calhoun County, Illinois
Carroll County, Illinois
Cass County, Illinois
Champaign County, Illinois
Christian County, Illinois
Clark County, Illinois
Clay County, Illinois
Clinton County, Illinois
Coles County, Illinois
Cook County, Illinois
Crawford County, Illinois
Cumberland County, Illinois
Dekalb County, Illinois
De Witt County, Illinois
Douglas County, Illinois
Dupage County, Illinois
Edgar County, Illinois
Edwards County, Illinois
Effingham County, Illinois
Fayette County, Illinois
Ford County, Illinois
Franklin County, Illinois
Fulton County, Illinois
Gallatin County, Illinois
Greene County, Illinois
Grundy County, Illinois
Hamilton County, Illinois
Hancock County, Illinois
Hardin County, Illinois
Henderson County, Illinois
Henry County, Illinois
Iroquois County, Illinois
Jackson County, Illinois
Jasper County, Illinois
Jefferson County, Illinois
Jersey County, Illinois
Jo Daviess County, Illinois
Johnson County, Illinois
Kane County, Illinois
Kankakee County, Illinois
Kendall County, Illinois
Knox County, Illinois
Lake County, Illinois
Lasalle County, Illinois
Lawrence County, Illinois
Lee County, Illinois
Livingston County, Illinois
Logan County, Illinois
Mcdonough County, Illinois
Mchenry County, Illinois
Mclean County, Illinois
Macon County, Illinois
Macoupin County, Illinois
Madison County, Illinois
Marion County, Illinois
Marshall County, Illinois
Mason County, Illinois
Massac County, Illinois
Menard County, Illinois
Mercer County, Illinois
Monroe County, Illinois
Montgomery County, Illinois
Morgan County, Illinois
Moultrie County, Illinois
Ogle County, Illinois
Peoria County, Illinois
Perry County, Illinois
Piatt County, Illinois
Pike County, Illinois
Pope County, Illinois
Pulaski County, Illinois
Putnam County, Illinois
Randolph County, Illinois
Richland County, Illinois
Rock Island County, Illinois
St. Clair County, Illinois
Saline County, Illinois
Sangamon County, Illinois
Schuyler County, Illinois
Scott County, Illinois
Shelby County, Illinois
Stark County, Illinois
Stephenson County, Illinois
Tazewell County, Illinois
Union County, Illinois
Vermilion County, Illinois
Wabash County, Illinois
Warren County, Illinois
Washington County, Illinois
Wayne County, Illinois
White County, Illinois
Whiteside County, Illinois
Will County, Illinois
Williamson County, Illinois
Winnebago County, Illinois
Woodford County, Illinois
National Data

See Today’s Mortgage Rates in Illinois

       

Today's 30-year fixed-rate mortgage rate in Illinois is 6.5%. See current mortgage rates for every mortgage product and check your eligibility for first-time home buyer programs with an Immedate Mortgage Approval by Homebuyer.com.

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