USDA Vs. FHA your options comparison in Forest-Park, Cook County, IL
For the year 2025, in the city of Forest-Park, located within the county of Cook, in IL, the USDA loan limit stands at $0. In contrast, the FHA limit for a single-family home is established at $379,500.
Leverage the Lendersa® USDA loan calculator to effectively compare today's USDA with FHA rates. By doing so, you'll be able to ascertain the income requirements, credit score, reserves, and necessary documentation for qualification. Our advanced mortgage calculator allows you to view USDA, FHA, Conforming, and VA loans side by side to make an informed decision about which program in fits your financial situation best.
Loan Limits and Down Payment Requirements for 2025 in Forest-Park, Cook, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0% required
FHA
$379,500
3.5% required
Conventional Conforming
$548,250
3% required
USDA and FHA Loan Choices in Forest-Park, IL
Lendersa's mission is to quickly and easily secure the best USDA or FHA loan for you. Choose one of the three available starting options designed to match you with lenders that offer optimal USDA loan programs.
The USDA home loan, supported by the U.S. Department of Agriculture, is also referred to as a USDA rural development loan or mortgage. This type of mortgage is available exclusively in rural niches and does not require any down payment, unlike FHA loans that demand a minimum 3.5% down.
Stonehaven Mortgage is a Illinois mortgage bank that is focused on servicing our clients with the lowest rates and quickest turn times in the industry. All of our conventional and government loans are processed, underwritten and closed by underwriters who understand the markets in which banks lend. This allows us to assure our clients that we’ll g
7601 West Montrose Avenue, Suite 1, Norridge, IL, 60706
JP Financial Group provide high quality service and a great experience. Customers can expect to be served with honesty, integrity and most importantly, competence. JP Financial Group, Inc. is a seasoned and professional mortgage broker company, which specializes in residential housing as well as commercial properties.
1901 West Carroll Avenue, Suite 200, Chicago, IL, 60612
The College and University Credit Union was established in 1967 as a service to its members. The credit union is there to help you with any financial problem that may arise. Whether it's a debt consolidation, an unexpected bill or small home remodeling project, we are here with a quick and easy loan.
Chicago National financial backgrounds and over 40 years of combined experience, our ownership team secures you the lending programs that best fit your financial goals.
With our excellent lending institutions and Tier 1 status we are able to balance the best custom tailored one-on-one service with some of the best rates in the industry.
4800 North Harlem Avenue, Harwood Heights, IL, 60656
Parkway Bank and Trust Co. is a locally owned and operated financial institution offering a wide array of financial products and services. Committed to growth and consistently offering the best in customer service, Parkway Bank and Trust Co. continues to be a community leader in banking.
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 in the loan approved closing process
5440 N. Cumberland Avenue, Suite A-102, Chicago, IL, 60656
Destiny Mortgage Group is a full service wholesale mortgage brokerage company, with several offices located across the country, and with loan originating licenses in Illinois, Maryland, Virginia, Florida, Pennsylvania, Delaware, and Washington D.C. Our main objective is to help borrowers obtain residential real estate mortgage financing.
1515 West 22nd Street, Suite 100W, Oak Brook, IL, 60523
Evergreen Bank Group is a locally owned and managed, full service Illinois State chartered commercial bank. We are focused on the relationships we build with our clients and the communities we serve. Our experienced staff is professional and highly responsive to personal and business needs. Evergreen Bank Group is Member FDIC, Equal Housing Lender.
