USDA Vs. FHA your options comparison in Deer-Park, Lake County, IL
For 2025, the loan limit for USDA in Deer-Park, situated in Lake County, IL is $0, whereas the FHA limit for a single-family home reaches $379,500.
Utilize the Lendersa® USDA loan calculator to analyze and contrast today's best USDA versus FHA rates. Determine the necessary income, credit score, reserves, and documents required to qualify. With our advanced mortgage calculator, you can compare USDA, FHA, Conforming, and VA loans side by side, aiding your decision on which program in fits your financial profile best.
2025 Loan Limits and Down Payment Requirements in Deer-Park, Lake County, 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 Deer-Park, IL
The primary goal of Lendersa® is to rapidly secure the optimal USDA or FHA loan for you, eliminating unnecessary hassle. Start with one of three points to link with suitable lenders and uncover USDA loan programs.
A USDA home loan, endorsed by the government's Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is accessible exclusively in rural neighborhoods. FHA loans require at least a 3.5% down payment, whereas USDA loans do not require any down payment, providing an advantageous option for eligible borrowers.
The Citizens Bank of Winfield is located in Winfield, AL. Our primary mission has always been to serve the banking needs of the community & a part of this has been keeping the bank financially strong and safe. With the economy in a weakened condition, it is important for our bank to remain strong & safe to retain the confidence of our customers.
The Bank of Okolona is a hometown bank that has been serving Chickasaw County and the surrounding area for over 75 years. Whether it is a personal deposit account or a business loan that brings you to the Bank of Okolona, we can help. We hope this website and its contents will be helpful with your banking from home or the office.
Patriot Federal Credit Union has been helping members achieve financial success in our community since 1965, when the Credit Union was first formed.Patriot is governed by member-volunteers elected to the Board of Directors and managed by experienced financial professionals.We are committed to serving all your financial needs and developing a solid.
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Since 1864, Pennian Bank has been providing a variety of banking and financial services for local residents and businesses. Formerly The First National Bank of Mifflintown, the bank changed its name in June 2017 to Pennian Bank. Pennian is a nod to the bank's Pennsylvania heritage and is a strong, unique name.
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The Hometrust Mortgage team is committed to providing each client with the highest quality service accompanied with the lowest mortgage interest rates available. Whether you are a first time home buyer, purchasing your dream home, refinancing an outstanding loan, consolidating debt, or you are a real estate investor.
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Frontline Capital Mortgage, LLC is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straightforward by offering you
The Minden Exchange Bank opened for business on September 1, 1883. Establishing themselves as frontrunners in the Minden scene, the founders of the Minden Exchange Bank (Kingsley and Webb) constructed the first brick building in Minden in 1884, locating on a portion of the lots still occupied by the Bank structure.