USDA Vs. FHA Pro and Con comparison in Elmwood-Park, Cook County, IL

As of 2025, the USDA loan limit for Elmwood-Park in Cook, IL, is set at $0, whereas for a single-family home, the FHA ceiling is $379,500.

Compare the leading USDA and FHA rates of today using the Lendersa® USDA loan calculator, and determine the income, credit, reserves, and documents required to qualify. This advanced mortgage calculator offers a side-by-side evaluation of USDA, FHA, Conforming, and VA options, helping you identify the best program for your financial situation in .

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2025 Loan Limits and Down Payment Requirements in Elmwood-Park, Cook, IL

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $379,500 3.5%
Conventional Conforming $548,250 3%

Explore USDA and FHA Loan Options in Elmwood-Park, IL

The mission of Lendersa® is to quickly secure the optimal USDA or FHA loan for you without hassle. Choose from one of three initial paths that link you to suitable lenders and USDA loan options.

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Understanding USDA Loans in IL

A USDA home loan, backed by the Department of Agriculture and also known as a USDA rural development loan or USDA mortgage, is exclusively available in rural neighborhoods. Unlike FHA loans that require a minimum 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?



  • InterFirst Lending Corporation
  • 1525 McCarthy Boulevard, Suite 1140, Milpitas, CA, 95035
  • InterFirst Lending is a next-generation mortgage company that originates residential mortgage loans at a low cost with extremely competitive mortgage rates. We provide the consumer with one of the best mortgage rates in the industry along with transparent, intuitive and efficient online loan process.
  • LoanPros Inc
  • 1355 Jacklin Road, Milpitas, CA, 95035
  • LoanPros, opened in 1992 with Diana Skokan and myself. Diana retired in 2000. The business has been operated by Tina Broyles. We have built a 90% referral base over the years. The resourceful and skilled team at Loan Pros Inc is eager to help you reach your dreams. If you need an experienced Milpitas, CA Mortgage team focused on precision
  • Verso Real Estate Services Inc
  • 545 Los Coches Street, Suite 108, Milpitas, CA, 95035
  • I am dedicated to providing excellent customer service. My philosophy is simple: clients come first. I pledge to be in constant communication with my clients, keeping them fully informed throughout the entire buying or selling process. I also believe in keeping in contact with past clients
  • 101 Loan - Specialists in Residential, Commercial and Reverse Mortgage Financing
  • 6020 Hellyer Ave, Suite 150, San Jose, CA, 95138
  • 101 LOAN, A SAN JOSE MORTGAGE COMPANY With over 30 years of experience in residential and commercial lending, 101 Loan has the experience, product offerings and the staff needed to close financing in today’s fluid economy time in an efficient manner. While many of our competitors have gone out of business due to the changing economy.
  • Silicon Valley Capital Funding Inc.
  • 6020 Hellyer Avenue, Suite 150, San Jose, CA, 95138
  • We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending...from purchase to refinance to construction lending.We have access to a full range of mortgage sources & all of lending specialists are dedicated to finding the right loan-with the best rates, terms & costs-to meet your unique needs.
  • Optima Home Mortgage
  • 6090 Hellyer Avenue, Suite 175, San Jose, CA, 95138
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • D&F Properties
  • 5000 Birkdale Way, San Jose, CA, 95138
  • D&F Properties was established in 1984 as an independent brokerage. In 2000 DeFaria Realty & Investments was added to help the financing needs of our clients. We live, play and work in Santa Clara County. Diane LoVerde, owner of D&F Properties/DeFaria Realty & Investments specializes in real estate sales and loan sales.
  • impacthom
  • 1801 Oakland Blvd, Suite 315, Walnut Creek, CA, 94596
  • Impact Home Loans Inc. dba Easy Low Rate is licensed by "CA Department Real Estate. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits Jess Kalra Co-Founder, Executive Vice President
  • National Financial Corporation
  • 1375 Locust St, Suite 205, Walnut Creek, CA, 94596
  • "We're a full service Mortgage Brokering office with an entire suite of Real Estate Transaction Services located in the Bay Area of California operating with an experienced staff offering expertise in every area of mortgage lending. We offer you several convenient and secure options to get started."
  • Bullplace Inc.
  • 1990 North California Boulevard, Suite 20, Walnut Creek, CA, 94596
  • Bullplace Inc Our business motto is to offer each client service that is perfectly tailored to their needs.We want to provide a personal touch, something lost in most other present-day companies, that have sacrificed empathy over cutting edge technology We are a residential and commercial loan brokerage, offering mortgage services.