USDA Loan Vs. FHA loan pro & con for Elgin, Kane County, IL

In 2025, USDA loan limit in Elgin, county of Kane, IL is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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USDA and FHA loan options in Elgin, IL

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

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What is USDA Loan in Illinois?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

(864) 898-5009 573 miles Lender's profile and map Reviews Pickens Federal Credit Union 2111 Gentry Memorial Highway, Pickens, SC, 29671 Pickens Federal Credit Union has a strong heritage with Pickens County, dating back to 1961 Our mission is to actively serve all members with respect and dignity, while providing a variety of beneficial services that are consistent with the Credit Union Philosophy of "People Helping People.
(864) 834-9031 573 miles Lender's profile and map Reviews Bank of Travelers Rest 42 Plaza Dr, Travelers Rest, SC, 29690 Bank of Travelers Rest provides real estate programs tailored to meet your specific needs. Our team of experienced lending officers will provide you with straightforward, easy-to-understand products and advice. Whether you are a first-time home buyer, purchasing a second home or need to refinance, Bank of Travelers Rest’s lending staff is here to h
(864) 248-4867 573 miles Lender's profile and map Reviews Autumn Financial Group 3598 State Highway 11, Suite 116, Travelers Rest, SC, 29690 Autumn Financial Group 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 latest in financial tools.
(304) 876-9000 573 miles Lender's profile and map Reviews Jefferson Security Bank 105 E Washington Street, Shepherdstown, WV, 25443 Jefferson Security Bank is a West Virginia state-chartered bank that was formed and opened for business May 19, 1869 making it the oldest bank in Jefferson County, West Virginia. Originally chartered as Jefferson Savings Bank, it changed its corporate name in 1909 to Jefferson Security Bank.
(877) 201-6162 573 miles Lender's profile and map Reviews PGPresents, LLC 230 Willis Drive, Shepherdstown, WV, 25443 PGPresents is an independent student loan consulting company providing educational debt management help for student loan borrowers. PGPresents specializes in helping recent medical school graduates develop repayment strategies as they transition into residency programs. While the majority of clients are graduates of medical
(814) 272-0125 573 miles Lender's profile and map Reviews CORE MORTGAGE SERVICES, LLC 3988 Kearneysville Pike, Shepherdstown, WV, 25443 Core Mortgage Services, LLC brings a refreshing and innovative approach to mortgage lending through diverse and coveted loan product availability. Our team of experts are ready to help you find the ideal mortgage for your situation. We serve all areas of Pennsylvania, Virginia, West Virginia, and Florida
(918) 258-4000 574 miles Lender's profile and map Reviews Tower Loans 24224 E Hwy 51, Broken Arrow, OK, 74014 Tower Loan opens and experiences prosperity and growth. The consumer finance industry was in its infancy.After World War II, Tower sold its offices to various employees within the company. The Jackson, Mississippi, South State Street Office of the original Tower group was purchased by Ed and Kate Clark.
(918) 806-2350 574 miles Lender's profile and map Reviews Concord Capital 21192 E 112th St S, Broken Arrow, OK, 74014 Our company was founded in Owasso, Oklahoma as a way to assist friends, neighbors, and the community to own affordable homes without sacrificing quality craftsmanship, energy-efficiency, or aesthetics. Our Oklahoma roots and values are reflected in all aspects of our company, including in the products we offer, our choice of vendors.
(316) 440-9690 574 miles Lender's profile and map Reviews Skyward Credit Union 4 Cessna Boulevard, Wichita, KS, 67215 Skyward Credit Union was chartered on July 16, 1941, as a not-for-profit corporation under Kansas State law, to accept savings and make loans for those who qualify for membership. Credit unions are regulated by the Kansas State Department of Credit Unions and the National Credit Union Association (NCUA).
(800) 326-9486 574 miles Lender's profile and map Reviews First Citizens Community Bank 1163 South Main Street, Mansfield, PA, 16933 A simple philosophy can lead a company to great rewards. Treat your customers, your employees, and your communities with respect and you will earn their loyalty. Our strategy has never been about selling products, but instead about finding ways to make life more rewarding for our customers and employees.
(800) 677-8506 574 miles Lender's profile and map Reviews Corning Credit Union One Credit Union Plaza, Corning, NY, 14830 CCU was founded in 1936 with the goal of helping Corning Glass Works employees with their financial needs. We started with 42 members and $420 in assets. Over the years, we've opened offices in North Carolina and Pennsylvania, in addition to the 10 offices in the Corning/Elmira, New York area.