USDA Vs. FHA your options comparison in Bolingbrook, Will County, IL

For the year 2025, the USDA loan threshold in Bolingbrook within Will county, IL, is set at $336,500. In comparison, the FHA ceiling for a single-family dwelling is $472,030.

Utilize the Lendersa® USDA loan calculator to juxtapose today’s favorable USDA and FHA rates. This tool will help you establish the income requirements, credit score, financial reserves, and necessary documentation for qualification. Our advanced mortgage calculator allows you to simultaneously review USDA, FHA, Conforming, and VA options, aiding you in assessing the most financially beneficial program available in Alabama for your circumstances.

View and compare loan offers from over 100 lenders

Loan limits and down payment obligations for 2025 in Bolingbrook, Will county, IL

Loan Category Maximum Allowed Loan Required Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA Loan Opportunities in Bolingbrook, IL

The purpose of Lendersa® is to expedite the process of securing the best USDA or FHA loan for you with minimal hassle. Choose from three initial pathways that lead to matching lenders and suggesting USDA loan schemes.

Lendersa USDA loan applications and matching results

Understanding USDA Loans in IL

A USDA home loan, endorsed by the Department of Agriculture, also known as the USDA Rural Development Loan or USDA Mortgage, is exclusively offered in rural regions. Unlike FHA loans, which mandate a minimum down payment of 3.5%, USDA mortgage loans require no initial down payment at all.

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



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