USDA Vs. FHA Pro and Con comparison in Channahon, Will County, IL

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 .

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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.

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What is a USDA Loan in IL?

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.

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



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