USDA and FHA Pro and Con in Barrington, Cook County, IL

In 2025, the USDA loan limit for Barrington in Cook county, IL, is set at $0, while the FHA limit for a single-family home is $472,030.

Utilize the Lendersa® USDA loan calculator to compare today's best rates for USDA versus FHA, and to determine the necessary income, credit, reserves, and documents needed for qualification. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA loans side by side, assisting you in deciding which program in is ideal for your financial situation.

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Details on 2025 Loan Limits and Downpayment Requirements in Barrington, Cook, IL

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Explore USDA and FHA Loan Options in Barrington, IL

The goal of Lendersa® is to swiftly provide you with the best possible USDA or FHA loan without any hassle. Choose one of three starting points to align with suitable lenders and USDA loan programs.

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Understanding the USDA Loan in IL

A USDA home loan is a mortgage backed by the Department of Agriculture, also known as a USDA rural development loan. It is strictly available in rural areas. Contrary to FHA loans, which require a 3.5% minimum down payment, USDA loans require no down payment at all.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • Caltex Funding LP
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  • Caltex Funding has been serving Texans since 2006. We help you find the best loan to fit your needs. We specialize in Purchase and Refinance transactions. We arrange FHA, VA, Conventional and Rural Housing loans. Unlike big banks that have order takers helping you with your loan, we have highly skilled loan consultants.
  • First National Bank
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  • A group of investors led by current CEO/Chairman Bill Pittman founded First National Bank in April, 1985. Since the bank has opened, Bill has repeatedly said, "The only difference between banks is the people. At First National Bank, we strive every day to treat our customers the way we want to be treated.
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  • 100 South State Highway 274, Kemp, TX, 75143
  • First National Bank of Kemp first opened its doors in August, 1901, after a group of local farmers, ranchers and businessmen decided to provide much-needed financial services to the community. Through wars, depression, recessions, and plenty of good times, First National Bank of Kemp has been right here, serving and growing with the community.
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  • Singing River Federal was organized in 1953 by the employees of International Paper (Southern Craft Mill) as a fair-rate financial cooperative. Today, Singing River Federal's more than 28, 000 members have more than $230 million in assets. Anyone who lives, works, worships or attends school in Jackson
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