USDA and FHA Pro and Con in Calumet-Park, Cook County, IL
As of 2025, the USDA loan limit in Calumet-Park, county of Cook, IL, reaches $0, whereas the FHA limit for a single-family home is $379,500.
Utilize the Lendersa® USDA loan calculator to ascertain today's optimal rates between USDA and FHA. This tool helps you evaluate the necessary income, credit, reserves, and documents for qualification. With our comprehensive mortgage calculator, you can review USDA, FHA, Conforming, and VA options side by side, enabling you to choose the best program in for your financial situation.
2025 Loan Limits and Downpayment Requirements in Calumet-Park, County of Cook, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in Calumet-Park, IL
The goal of Lendersa® is to secure the ideal USDA or FHA loan for you swiftly and with ease. Choose from three starting points to connect with appropriate lenders and USDA loan programs that best meet your needs.
A USDA home loan, backed by the government's Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is exclusively available in rural areas. Unlike FHA loans requiring at least a 3.5% down payment, a USDA mortgage requires no down payment, providing a significant advantage.
The mission of The Miners State Bank is to remain an independent, well managed, community-oriented bank, serving customers in select markets with quality products and services that exceed their expectations. We are committed to providing a challenging work environment, thereby creating exceptional employee career opportunities.
Heritage Bank is proud of its southern Minnesota history, rooted in local family ownership. Known as Farmers State Bank from 1930-2018, this community bank originated in West Concord, Minnesota.
In 1966, current owners, Al and Mary Ellen Organ, moved from the Rice Lake, Wisconsin area to West Concord.
Akron Fire Department Credit Union more than 80 years ago. Our name later became Akron Firefighters Credit Union & membership expanded to firefighters & their families throughout Northeast Ohio. In 2016, we merged the Akron Police Department Credit Union into our membership. Membership is now open to include all First Responders in the state
City & County Employees Federal Credit Union Our Mission is to provide our member/owners with financial solutions and outstanding personal service. By creating opportunities to grow and diversify our services, we will promote the economic strength of our present and future members.
Our mission at Trades & Labor Federal Credit Union is to provide financial products, services, and education enabling members to achieve personal and financial goals to benefit their quality of life and Trades & Labor received its state charter on January 2, 1958 under the name of "Albert Lea-Blue Earth Building
UECU opened its doors for business as the Wilson & Company Albert Lea Employees Credit Union. They recognized the dire need for reasonable, well-priced financial services for a large number of employees and family members.In the early 1980's UECU began to expand the field of membership to include other employee groups
Firestone Federal Credit Union is an income sharing financial cooperative, dedicated to best serving the financial needs of its members. This primarily includes offering competitive rates on savings and low cost loans for provident purposes. The safety and stability of its members' assets shall be the prime consideration
Brewster Federal Credit Union has been open since 1956. The credit union has assets totaling $31.89 Million and provides banking services to more than 3, 000 members.
The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
What today is Legends Bank was established in 1913 in the community of Rich Fountain, Missouri, as the Rich Fountain Bank. It was one of the few banks in Osage County to survive the Great Depression. In fact, its move to Linn in 1936 was the result of the failure of all of the banks which had been operating in Linn.
