USDA Vs. FHA your options comparison in Buffalo-Grove, Cook County, IL
In 2025, the USDA loan limit in Buffalo-Grove, within Cook, IL is $0, whereas the FHA limit for a single-family house is $379,500.
Use the Lendersa® USDA loan calculator to compare current top USDA and FHA rates, assessing the income, credit, reserves, and documents necessary for qualification. Our advanced mortgage calculator lets you review USDA, FHA, Conforming, and VA options side by side, aiding your decision on the best program in for your financial situation.
2025 Loan Limits and Down Payment Requirements in Buffalo-Grove, Cook, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Buffalo-Grove, IL
The goal of Lendersa® is to efficiently match you with the ideal USDA or FHA loan. Choose from three starting options to connect with lenders and USDA loan programs.
A USDA home loan, backed by the Department of Agriculture, is often referred to as a USDA rural development loan or USDA mortgage, and it is available only in rural areas. Unlike FHA loans which require a minimum of 3.5% down payment, a USDA loan has no down payment requirement.
Our goal is to provide you with an exceptional level of care as we assist you in achieving your financial goals. To achieve that, we’ve assembled the best team in the industry, who will provide you with the expert guidance you seek throughout your mortgage journey. Your confidence in us and satisfaction with our service.
Solutions Financial Mortgage is a mortgage banker whose operations originate mortgage loans in Illinois and Florida. We are a correspondent lender with an exceptional product variety and competitive rates. Solutions Financial Mortgage was founded by loan originators to serve the industry in a unique capacity
ALS Mortgage Provide loan products at competitive pricing allowing everyone the opportunity to be home owners and to save their hard earned money. ALS Mortgage Company achieves this thru a combination of keeping their fixed costs low and through wholesale pricing of 20 large national banks.
636 South Des Plaines River Road, Suite 300, Des Plaines, IL, 60016
U.S. Financial is a family-run business specializing in financial consulting services for consumers and small business owners. We can help you pursue your financial goals. Our goal is to accommodate all of your financial needs under one roof. We have experts on staff and at your disposal.
RB Mortgage we pride ourselves on offering the lowest rates with the lowest total fees. Simply put, we are committed to Bringing You Home for Less We are not like your typical mortgage company whose business model and income structure is based on commissions. These companies will sell you interest rates that are higher than industry standards.
At Educated Investors Finance Corporation, our focus is to help you with the financing for your home or investment property. As our name suggests, we want you to make informed decisions with all options presented. We are here to answer any questions you have and will work through scenario planning ahead of time so there are no surprises.
We offer the assistance you need to help in all of your mortgage endeavors. Whether you are consolidating your debt, refinancing your home, or buying your first house, we have the expertise to make it a fast, easy, and enjoyable process. Our website offers a variety of online application options.
Schaumburg Bank & Trust Company, National Association
1180 E Higgins Rd, Schaumburg, IL, 60173
Schaumburg Bank & Trust offers banking solutions tailored to our customers, their needs, and 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 and throw neighborhood cookouts.
1750 E Golf Road, Suite 100, Schaumburg, IL, 60173
We help buyers choose the right type of home renovation financing for their needs—and their wants. Sometimes referred to as a rehab loan, this mortgage option opens up more opportunities for buyers who are frustrated by today’s tight home inventories. renovation-financing.com is your online resource for personalized mortgage solutions, fast.
951 North Plum Grove Road, Suite E, Schaumburg, IL, 60173
We are not just a typical mortgage lending company, that will have you start by working with the loan officer (or sales person) then be handed off to their assistant/processor, and later to their closer, only to explain your situation to multiple people. Our loan officer’s pride themselves with being involved in every step of the process with you.
We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending from purchasing to refinancing and to construction lending. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan with the best interest rates.
