Illinois 2020 FHA Loan Limits

Last Updated: Thu, January 2, 2020

Loan Limits in Illinois

Illinois has 102 counties with FHA Limits ranging from a low of $331,760 for a 1-bedroom unit in Adams County to a high of $707,700 for a 4-bedroom unit in Cook County.

For more details about the loan limits (including FHA Limits, HECM Limits, and Fannie Mae & Freddie Mac loan limits) in any of Illinois's counties, choose the county from the interactive map or the list below.



Lowest Loan Limit ($638,100)
Highest Loan Limit ($707,700)

† Lowest limit for homes with four living-units. There are lower limits for homes with fewer living-units.

Loan Limits by County in Illinois (102 counties)

County Single Unit Limit (lowest) Four-Plex Limit (highest)
Adams County $331,760 $638,100 view details »
Alexander County $331,760 $638,100 view details »
Bond County $331,760 $638,100 view details »
Boone County $339,250 $652,400 view details »
Brown County $331,760 $638,100 view details »
Bureau County $331,760 $638,100 view details »
Calhoun County $331,760 $638,100 view details »
Carroll County $331,760 $638,100 view details »
Cass County $331,760 $638,100 view details »
Champaign County $331,760 $638,100 view details »
Christian County $331,760 $638,100 view details »
Clark County $331,760 $638,100 view details »
Clay County $331,760 $638,100 view details »
Clinton County $331,760 $638,100 view details »
Coles County $331,760 $638,100 view details »
Cook County $368,000 $707,700 view details »
Crawford County $331,760 $638,100 view details »
Cumberland County $331,760 $638,100 view details »
Dekalb County $368,000 $707,700 view details »
De Witt County $331,760 $638,100 view details »
Douglas County $331,760 $638,100 view details »
Dupage County $368,000 $707,700 view details »
Edgar County $331,760 $638,100 view details »
Edwards County $331,760 $638,100 view details »
Effingham County $331,760 $638,100 view details »
Fayette County $331,760 $638,100 view details »
Ford County $331,760 $638,100 view details »
Franklin County $331,760 $638,100 view details »
Fulton County $331,760 $638,100 view details »
Gallatin County $331,760 $638,100 view details »
Greene County $331,760 $638,100 view details »
Grundy County $368,000 $707,700 view details »
Hamilton County $331,760 $638,100 view details »
Hancock County $331,760 $638,100 view details »
Hardin County $331,760 $638,100 view details »
Henderson County $331,760 $638,100 view details »
Henry County $331,760 $638,100 view details »
Iroquois County $331,760 $638,100 view details »
Jackson County $331,760 $638,100 view details »
Jasper County $331,760 $638,100 view details »
Jefferson County $331,760 $638,100 view details »
Jersey County $331,760 $638,100 view details »
Jo Daviess County $331,760 $638,100 view details »
Johnson County $331,760 $638,100 view details »
Kane County $368,000 $707,700 view details »
Kankakee County $331,760 $638,100 view details »
Kendall County $368,000 $707,700 view details »
Knox County $331,760 $638,100 view details »
Lake County $368,000 $707,700 view details »
Lasalle County $331,760 $638,100 view details »
Lawrence County $331,760 $638,100 view details »
Lee County $331,760 $638,100 view details »
Livingston County $331,760 $638,100 view details »
Logan County $331,760 $638,100 view details »
Mcdonough County $331,760 $638,100 view details »
Mchenry County $368,000 $707,700 view details »
Mclean County $331,760 $638,100 view details »
Macon County $331,760 $638,100 view details »
Macoupin County $331,760 $638,100 view details »
Madison County $331,760 $638,100 view details »
Marion County $331,760 $638,100 view details »
Marshall County $331,760 $638,100 view details »
Mason County $331,760 $638,100 view details »
Massac County $331,760 $638,100 view details »
Menard County $331,760 $638,100 view details »
Mercer County $331,760 $638,100 view details »
Monroe County $331,760 $638,100 view details »
Montgomery County $331,760 $638,100 view details »
Morgan County $331,760 $638,100 view details »
Moultrie County $331,760 $638,100 view details »
Ogle County $331,760 $638,100 view details »
Peoria County $331,760 $638,100 view details »
Perry County $331,760 $638,100 view details »
Piatt County $331,760 $638,100 view details »
Pike County $331,760 $638,100 view details »
Pope County $331,760 $638,100 view details »
Pulaski County $331,760 $638,100 view details »
Putnam County $331,760 $638,100 view details »
Randolph County $331,760 $638,100 view details »
Richland County $331,760 $638,100 view details »
Rock Island County $331,760 $638,100 view details »
St. Clair County $331,760 $638,100 view details »
Saline County $331,760 $638,100 view details »
Sangamon County $331,760 $638,100 view details »
Schuyler County $331,760 $638,100 view details »
Scott County $331,760 $638,100 view details »
Shelby County $331,760 $638,100 view details »
Stark County $331,760 $638,100 view details »
Stephenson County $331,760 $638,100 view details »
Tazewell County $331,760 $638,100 view details »
Union County $331,760 $638,100 view details »
Vermilion County $331,760 $638,100 view details »
Wabash County $331,760 $638,100 view details »
Warren County $331,760 $638,100 view details »
Washington County $331,760 $638,100 view details »
Wayne County $331,760 $638,100 view details »
White County $331,760 $638,100 view details »
Whiteside County $331,760 $638,100 view details »
Will County $368,000 $707,700 view details »
Williamson County $331,760 $638,100 view details »
Winnebago County $339,250 $652,400 view details »
Woodford County $331,760 $638,100 view details »

How to qualify for an FHA Loan in Illinois?

To qualify for an FHA loan in Illinois, your home loan must be below the local FHA loan limits in your area. For 2020, the maximum loan limit in Illinois is $331,760 for a single-family home and $707,700 for a four-plex. Limits varies by county. The minimum loan limit is $5,000.

Loan limits vary by county and home size. In addition to loan limits, to qualify for an FHA loan you must live in the home as your primary residence. If you're purchasing a multi-family home, the monthly Fair Market Rent (FMR) for the property must exceed 1% of the purchase price. FHA loans cannot be used for commercial real estate investment purposes or "flipping" homes in Illinois. Additional restricts apply. Click on the Illinois map above or the table below to see loan limits in your area.


** Document Provided By FHALoans.guide **
Source: https://fhaloans.guide/loan-limits/illinois