USDA and FHA Pro and Con in Byron, Ogle County, IL

In 2024, USDA loan limit in Byron, county of Ogle, IL is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2024 loan limits and downpayment requirments in Byron, county of Ogle, IL

Loan Type Loan Limit Down payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Byron, IL

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Illinois?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

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



  • Cobalt Credit Union
  • 7148 Towne Center Parkway, Papillion, NE, 68046
  • Cobalt Credit Union is locally owned by its members and recognized for its community involvement. Motivated by member service rather than profit, the credit union’s focus is on providing safety, soundness and convenience to its membership. Cobalt Credit Union is a financial partner for life, helping members with banking, financial planning.
  • The Denman Team
  • 14301 FNB Parkway, Suite 100, Omaha, NE, 68154
  • Founded in 1966, Delmar Mortgage is a full-service mortgage company helping new and experienced buyers find their dream homes. Delmar Mortgage offers a wide range of mortgage products that allow us to fit the best loan to the specific needs of each client. Our products range from conventional, jumbo, FHA, VA and more.
  • Four Points Federal Credit Union
  • 510 N 127th Street, Omaha, NE, 68154
  • Originally established in 1934 as one of the first twelve credit unions serving employees of the Farm Credit System, we organized as the Farm Credit Administration Cooperative Credit Association. In 2005 we converted to a federal charter and adopted the name Four Points in order to better reflect our new ability to serve members.
  • Aksarben Mortgage LLC
  • 13520 California Street, Suite 250, Omaha, NE, 68154
  • Aksarben Mortgage brings to the Omaha mortgage market experienced, customized, comprehensive service that is local and personal. Exceptional service is our passion as we strive to be our clients’ advisors for life, not a single transaction. We've been helping customers afford the home of their dreams for many years.
  • Petrovich Team Home Loan
  • 14301 FNB Pkwy, Suite 100, Omaha, NE, 68154
  • I started in the mortgage industry back in 2002 right after graduating from the University of Nebraska at Lincoln. Since I had no idea what I wanted to do after graduating, I sort of just fell into being a loan officer. I don’t think anyone dreams of being a mortgage lender growing up, but in the many years
  • Eagle Mortgage Co
  • 303 N 114th St, Omaha, NE, 68154
  • Eagle Mortgage Company is a locally owned and full-service mortgage company in Omaha, NE. We specialize in providing you with a Conventional loan, VA loan, FHA loan, and USDA loan in both Nebraska & Iowa, including Sarpy County, Douglas County, Omaha, and Council Bluffs. Whether you are buying a home or looking for a home refinance loan
  • B&V Credit Union
  • 11401 Lamar Avenue, Overland Park, KS, 66211
  • Our Credit Union was established in 1954 for the purpose of providing convenient, high quality, personalized financial services that are responsive to the needs of our members. B&V Credit Union is a separate entity from Black & Veatch Corp. While Black & Veatch is a valued sponsor of B&V Credit Union.
  • Ed Baldwin Home Loans
  • 3401 College Blvd, Suite 220, Leawood, KS, 66211
  • Purchasing a home is an exciting time in a person’s life. At Community Mortgage, Ed Baldwin loves helping clients complete this process. Ed is a Kansas City native and has never left the area — even for college! Ed currently lives in Overland Park. He is happily married and has five children.
  • BNC National Bank
  • 7007 College Blvd, Suite 600, Overland Park, KS, 66211
  • Your home is one of the greatest investments you’ll make. Let BNC help you by taking the guesswork out of securing your mortgage loan. BNC National Bank is a full-service community bank dedicated to providing deposit accounts, commercial lending mortgages, online banking and wealth management products and services to businesses and consumers.