In 2025, the USDA loan cap in Channahon, within Will county, IL stands at $336,500, whereas the FHA loan limit for a single-family house is $472,030.
Use the Lendersa® USDA loan calculator to contrast today's top USDA and FHA rates, assessing required income, credit, reserves, and documentation for qualification. Our comprehensive mortgage calculator allows side-by-side evaluation of USDA, FHA, Conforming, and VA loans, guiding you toward the most suitable program for your needs in .
2025 Loan Limits and Downpayment Requirements in Channahon, Will, 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 Alternatives in Channahon, IL
Lendersa® is focused on swiftly finding you the right USDA or FHA loan without complications. Choose one of three starting routes leading to matched lenders with suitable USDA loan offerings.
A USDA home loan, endorsed by the U.S. Department of Agriculture, also known as a USDA rural development loan or mortgage, is limited to rural districts. Unlike FHA loans that require a 3.5% minimum down payment, the USDA mortgage has no down payment requirement.
1 Tiffany Pointe, Suite 204, Bloomingdale, IL, 60108
Main Street Mortgage, Inc. is an Illinois Mortgage Broker. This allows us to work with many different banks to ensure you the best rate and loan program for your needs. With over30 years of mortgage experience, Main Street Mortgage, Inc. specializes in conforming, FHA & VA loans.
129 Fairfield Way, Suite 100, Bloomingdale, IL, 60108
AVA Mortgage Corp. Whether you are buying a home, refinancing, or taking out another type of loan, our staff is available at your ease and comfort, and are here to guide you through the process. Do not worry about filing a bunch of paperwork, our loan officers will walk you through the entire process.
Quick Mortgage Corp. Whether you want to buy a house, refinancing, or taking out another type of home loan, our loan officers are available at your ease and comfort, and are here to guide you through the process. Do not worry about filing a bunch of paperwork, our loan processors will walk you through the entire process.
The Mission of Community Bank of Elmhurst is to provide superior, personalized banking services, valuing our customers and community first. Community Bank of Elmhurst, in Elmhurst, IL, is one of the area's leading banks serving Elmhurst and surrounding areas. We specialize in checking and savings accounts, personal and commercial banking.
101 North Addison Street, Suite 202, Elmhurst, IL, 60126
Our mortgage team members will give you the individual attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in purchasing a home, refinancing a mortgage, or tapping into your home equity. So we make a promise to you.
Stonehaven Mortgage is a Illinois mortgage bank that is focused on servicing our clients with the lowest rates and quickest turn times in the industry. All of our conventional and government loans are processed, underwritten and closed by underwriters who understand the markets in which banks lend. This allows us to assure our clients that we’ll g
2121 W. Army Trail Rd, Suite 108, Addison, IL, 60101
"Key City Lending, America's Lender, matches borrowers through technology and high-touch customer care with the credit they need. As a fast-growing national consumer lender, Key City Lending is at the fore-front of the mortgage industry.
Key City Lending is passionate about emerging financial technology"
Chicago Firefighters Credit Union was founded as 2nd Division Credit Union in 1937 to serve fire department employees in the City of Chicago. At a time when the nation’s financial system was still reeling from the Great Depression, many banks just weren’t addressing the concerns of average working people.
Archer Heights Credit Union is a not-for-profit financial cooperative owned by its members. Credit Unions were founded on the idea that through a cooperative financial effort, individuals sharing common bonds could benefit. Credit Unions promote thrift, and income is passed along to its members in the form of higher dividends on savings accounts,
