USDA and FHA Pro and Con in Deerfield, Lake County, IL

In 2025, the USDA loan cap in Deerfield, part of Lake county, IL, is $0, while for a single-family home, the FHA ceiling is $472,030.

Leverage the Lendersa® USDA loan calculator to contrast today's optimal USDA and FHA rates. It evaluates the necessary income, creditworthiness, reserves, and documentation for qualification. By utilizing our advanced mortgage calculator, you'll be able to observe USDA, FHA, Conforming, and VA programs side by side to help you determine the most suitable program for your financial situation in .

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2025 Loan Limits and Down Payment Details in Deerfield, Lake, IL

Loan Type Loan Cap Minimum Down Payment
USDA $0 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA Loan Solutions in Deerfield, IL

The goal of Lendersa® is to help you attain the best possible USDA or FHA loan swiftly and with ease. Opt for one of three start points leading to matched lenders and USDA loan options.

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Understanding USDA Loans in IL

The USDA home loan, ensured by the U.S. Department of Agriculture—also referred to as a USDA rural development loan or USDA mortgage—is available strictly in rural localities. Unlike FHA loans which require at least a 3.5% down payment, USDA loans require no down payment at all.

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



  • JT Enterprises
  • 2134 Main Street, Suite 240, Huntington Beach, CA, 92648
  • John Gillespie provides hands-on service and prompt answers for your home loan. He has been in business for over 30 years and is Broker/Owner of Pacific Coast Funding, a mortgage lender in Huntington Beach, California. Pacific Coast Funding is a one stop lender, providing purchase and refinance loans for investment units
  • Emerald Coast Investments
  • 18141 Beach Boulevard, Suite 370, Huntington Beach, CA, 92648
  • Emerald Coast Investments has been in the mortgage lending business for over 20 years. We have seen it all. We provide a custom mortgage financing experience. We are very “hands-on” with our clients. You are NOT handed off to a third person to complete your transaction. We can do Conventional, Jumbo, FHA, VA, REVERSE Mortgages,
  • Buywise Mortgage
  • 2130 Main Street, Suite 290, Huntington Beach, CA, 92648
  • BuyWise Mortgage, a California Mortgage Broker, has chosen to serve as a wholesale mortgage broker specifically to offer a wider range of customized mortgage solutions to solve sometimes complicated problems. Our mortgage automation technology delivers a streamlined mortgage process, which results in consistently lower interest rates.
  • Choice Services Group Inc.
  • 20422 Beach Boulevard, Suite 425, Huntington Beach, CA, 92648
  • Choice Services Group Inc Founder of the Ken and Lisa Malecki and loans are not just something we do. Loans are something we live as they produce life changes for our clients. Over 26 years and thousands of closed loans, we take each client one at a time and work with them hand in hand from start to finish.
  • Geneva Capital Network
  • 1720 Pacific Coast Highway, Suite 202, Huntington Beach, CA, 92648
  • Geneva Capital Network we believe in two guiding principals that give us a quality reputation and repeat business- Service and Integrity. We treat each loan as if it were our own. That's why we take the time to learn your needs and tailor a loan that works best for your financial situation. We keep you informed of every detail
  • Pacific One Lending and Real Estate
  • 18351 Beach Blvd Ste A, Huntington Beach, CA, 92648
  • Pacific One Lending Our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
  • Star Business Lending
  • 1001 Wilshire Boulevard #1326, Los Angeles, CA, 90017
  • We have tailor-made private, commercial, conventional, and hard money at your fingertips. Makes loans in all 50 States for short-term and long-term real estate investment properties. Their asset-based loans can close very quickly, within 3 days from an appraisal report and clear-to-close from the title company.
  • CTBC Bank Corp. (USA)
  • 801 South Figueroa Street, Suite 2300, Los Angeles, CA, 90017
  • CTBC Bank is a trusted and established institution providing our commercial and retail customers with a real financial bridge to the next stage of their lives and businesses. Our customers benefit from access to the best of both worlds – large bank resources coupled with individual attention and customized services of a small bank.
  • Royal Business Bank
  • 1055 Wilshire Blvd, Suite 1200, Los Angeles, CA, 90017
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