In 2025, the USDA loan limit for a single-family home in Elk-Grove-Village, located within the county of Cook, IL, is set at $0. On the other hand, the FHA loan limit for such homes stands at $379,500.
To evaluate the current optimal rates between USDA and FHA loans, make use of the Lendersa® USDA loan calculator. This tool will also assist you in assessing the required income, credit, reserves, and necessary documentation for qualifying. Our innovative mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, enabling you to select the best financial solution in .
Loan Limits and Down Payment Needs for 2025 in Elk-Grove-Village, Cook, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
Available USDA and FHA Loan Options in Elk-Grove-Village, IL
The primary aim of Lendersa® is to facilitate your access to the best possible USDA or FHA loans quickly and effortlessly. Choose from three initial options to connect with suitable lenders and USDA loan programs.
A USDA home loan, also referred to as a USDA rural development loan or USDA mortgage, is government-backed by the Department of Agriculture. These loans are exclusively accessible in rural areas. In contrast to FHA loans, which demand a minimum down payment of 3.5%, the USDA mortgage loan imposes no down payment requirement, making it a unique option.
At ABLE FINANCIAL CORP, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
898 N Fair Oaks Ave, Suite A-1, Pasadena, CA, 91103
We are committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential lending industry by applying online today.
Here at SIMPLE MORTGAGE, we have the right loan program for you. Whether you're looking for Purchase, Refinance, or Specialized Loans, we can do it!
898 N. Fair Oaks Avenue, Suite A-1, Pasadena, CA, 91103
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First Financial was established by educators to exclusively serve the unique financial needs of California’s educational community. It’s a role we take seriously—a mission to which we are just as committed to today as we were in 1933. Additionally, our Board of Directors consists solely of active and retired educators.
100 E MacArthur Blvd Unit 108, Santa Ana, CA, 92707
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4 Hutton Centre Dr, Suite 500, Santa Ana, CA, 92707
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6 Hutton Centre Dr, Suite 1030, Santa Ana, CA, 92707
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4 Hutton Centre Drive, Suite 1000, Santa Ana, CA, 92707
"At Kind Lending, our family of diverse and talented Kind Ambassadors are the driving force behind our new approach to the mortgage experience. They're the heart and soul of the organization and our ""People Before Profits"" mentality shines through in every department.
We continue to grow rapidly and have several open positions to fill."