2026 Mortgage Loan Limits for Kankakee County, Illinois

Kankakee County Loan Limits History

See how mortgage loan limits in this area have evolved over time. This historical chart shows conventional, FHA, VA, and USDA limits for 1-4 unit properties.

Sources: Federal Housing Finance Agency (FHFA), HUD

Kankakee County Loan Limits: Complete Historical Table

Browse the full historical data for Kankakee County mortgage loan limits from 1972 to 2026. This comprehensive table shows how loan limits have changed over 50+ years, helping you understand long-term trends in your local housing market.

YearConventionalFHAVAUSDA
2026$832,750$541,275$832,750$433,020
2025$806,500$524,225$806,500$419,380
2024$766,550$498,257$766,550$398,606
2023$726,200$472,030$726,200$377,624
2022$647,200$420,680$647,200-
2021$548,250$356,362$548,250-
2020$510,400$331,760$510,400-
2019$484,350$314,827$484,350-
2018$453,100$294,515$453,100-
2017$424,100$275,665$424,100-
2016$417,000$271,050$417,000-
2015$417,000$271,050$417,000-
2014$417,000$271,050$417,000-
2013$417,000$271,050$417,000-
2012$417,000$271,050$417,000-
2011$417,000$271,050$417,000-
2010$417,000$271,050$417,000-
2009$417,000$271,050$417,000-
2008$417,000$200,160$417,000-

Note: These are the Kankakee County loan limits for 2025. High-cost areas may have elevated limits up to 150% of these amounts. USDA loans are only available for single-family homes in eligible rural areas.

Sources: FHFA, FHA, VA, USDA


Cities in Kankakee County, Illinois

The following cities and communities are covered by Kankakee County loan limits. Whether you're looking for mortgage loan limits in Aroma, Aroma Park, Bonfield or any other Kankakee County city, the same conventional, FHA, VA, and USDA loan limits apply throughout the county.

Aroma
Aroma Park
Bonfield
Bourbonnais
Bourbonnais (Township)
Bradley
Buckingham
Essex
Essex (Township)
Ganeer
Grant Park
Herscher
Hopkins Park
Irwin
Kankakee
Kankakee (Township)
Limestone
Limestone (Township)
Manteno
Manteno (Township)
Momence
Momence (Township)
Norton
Otto
Pembroke
Pilot
Rockville
Salina
Sammons Point
St. Anne
St. Anne (Township)
Sumner
Sun River Terrace
Union Hill
Yellowhead

Kankakee County, Illinois Mortgage Market Analysis (2018-2024)

Explore borrowing and mortgage trends in Kankakee County, including conventional vs. government loan performance, average loan sizes, and market share shifts. Data sourced from HMDA regulatory filings shows how local lending patterns evolve through changing market conditions.

Loan Count by Loan Type (Kankakee County, Illinois)

Number of mortgage loans originated by loan type (Conventional, FHA, VA, USDA) in Kankakee County from 2019-2024, showing the 1-year change from 2023 to 2024.

Loan Type2019202320241-Year Change
Conventional1,50987797511.17%
FHA39626931115.61%
VA1467810129.49%
USDA214650.00%
Source: U.S. Consumer Financial Protection Bureau, Home Mortgage Disclosure Act (HMDA) data, retrieved from CFPB; https://www.consumerfinance.gov/data-research/hmda/, December 5, 2025.

Market Share by Loan Type (Kankakee County, Illinois)

Market share percentage by loan type (Conventional, FHA, VA, USDA) in Kankakee County from 2019-2024, showing the 1-year change from 2023 to 2024.

Loan Type2019202320241-Year Change
Conventional72.83%71.42%69.99%-1.43%
FHA19.11%21.91%22.33%0.42%
VA7.05%6.35%7.25%0.90%
USDA1.01%0.33%0.43%0.10%
Source: U.S. Consumer Financial Protection Bureau, Home Mortgage Disclosure Act (HMDA) data, retrieved from CFPB; https://www.consumerfinance.gov/data-research/hmda/, December 5, 2025.

Average Loan-to-Value by Loan Type (Kankakee County, Illinois)

Average loan-to-value ratio by loan type (Conventional, FHA, VA, USDA) in Kankakee County from 2019-2024, showing the 1-year change from 2023 to 2024.

Loan Type2019202320241-Year Change
Conventional100.00%100.00%100.00%0.00%
FHA100.00%91.70%91.90%0.20%
VA100.00%94.60%100.00%5.40%
USDA98.60%97.40%100.00%2.60%
Source: U.S. Consumer Financial Protection Bureau, Home Mortgage Disclosure Act (HMDA) data, retrieved from CFPB; https://www.consumerfinance.gov/data-research/hmda/, December 5, 2025.


Data Sources: Official 2026 loan limit data from FHFA, HUD, VA, and USDA. Retrieved December 5, 2025.

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