USDA Vs. FHA your options comparison in Beach-Park, Lake County, IL
In the current year, 2025, the USDA loan limit in Beach-Park, within the county of Lake in IL, is set at $0, whereas the FHA limit for a single-family abode is $379,500.
To compare today's best USDA vs. FHA rates, make use of the Lendersa® USDA loan calculator, which assists in determining the necessary income, credit criteria, reserves, and documentation for loan qualification. Our advanced mortgage calculator displays the USDA, FHA, Conforming, and VA loans side by side, helping you decide which program in is most suitable for your financial circumstances.
2025 Loan Limits and Down Payment Requirements in Beach-Park, Lake, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
Explore USDA and FHA Loan Opportunities in Beach-Park, IL
The objective of Lendersa® is to swiftly secure the most favorable USDA or FHA loan for you with no stress. You have the option to begin with one of three pathways that connect you with matching lenders and USDA loan programs.
A USDA home loan is backed by the U.S. Department of Agriculture and commonly called a USDA rural development loan or USDA mortgage. It is designated for rural neighborhoods exclusively and, unlike FHA loans requiring a minimum 3.5% down payment, the USDA mortgage specifies no down payment requirement.
Don Elbert a mortgage banker offering all mortgage products including FHA, VA, Conventional and Jumbo. Serving the lending needs of real estate professionals, builders and individual homebuyers throughout the state for the past 18 years. Don also a trusted mortgage advisor to many CPA’s and Financial planners in the area.
Village Bank & Trust offers banking solutions tailored to our customers, their needs, & our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events. We believe a bank should be a true asset the area it serves.
METRO Federal Credit Union has provided financial services for almost 50 years. We were organized in 1973 by municipal employees who wanted financial services at lower costs than those supplied by banks or other savings institutions.
As a community credit union, we serve portions of Cook, DuPage, Lake, and McHenry counties, in addition
Corporate America Family Credit Union, we're dedicated to providing the tools, resources and expertise that will empower you to succeed.We're here for you, our member-owners. We provide the advanced products and client services you need to help further your financial goals and dreams. Plus, we collaborate with you.
We are a reputable, bright, clean, family owned and operated pawn shop established in 2002. We have been in the jewelry business for over 30 years. We pride ourselves on being different than most pawn shops. Whether you are selling or need to borrow money against your valuables, we will always be helpful, courteous, and confidential.
Innovative Mortgage Inc boosts your home-buying journey with top tier mortgage solutions, enhancing dreams with personalized services that suit every client's needs.
Provide us with a few simple details and we’ll match you with a personal home financing specialist to help you on your home journey.
725 E.Dundee Rd, Suite 201, Arlington Heights, IL, 60004
One Republic Mortgage Inc. was founded in 2008 as a broker of residential home loan purchases and refinances. But after the dramatic environmental shift the financial and real-estate sectors endured in recent history, we determined that we could better serve the community by converting into a lender.
800 E Northwest Hwy, Suite 718, Palatine, IL, 60074
Flagship Lending Inc and our experienced loan officers have helped numerous first-time home buyers, home-owners, and real estate partners to find the right mortgage products that fits in their individual needs. From FHA loan, conventional mortgage, to jumbo mortgage products or investment property loans.
Northview Bank & Trust, a Wintrust Community Bank, offers reliable and convenient banking solutions tailored to our customers, their needs, and our unique community. No matter your personal financial goal or small business banking need, we can help. But, we also go above and beyond basic financial solutions
