USDA VS FHA in Forest-Park, Cook County, IL

In 2024, USDA loan limit in Forest-Park, county of Cook, IL is $0 while FHA limit is $379,500 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.

Compare loan offers from 100 lenders

2024 loan limits and downpayment requirments in Forest-Park, county of Cook, IL

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

USDA and FHA loan options in Forest-Park, 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.

Lendersa USDA loan request and matching results

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.

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



  • Trend America Mortgage Inc
  • 13005 Trina Drive, Philadelphia, PA, 19116
  • 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.
  • Peoples Transport Federal Credit Union
  • 136 W Kings Highway, Mount Ephraim, NJ, 08059
  • The mission of the Peoples Transport Federal Credit Union is to provide high quality financial services to our members and pensioners in a safe and secure professional environment. When you join the Peoples Transport Federal Credit Union, you open a "Share" (Savings) Account and literally become part-owners of the credit union.
  • Shamrock Bank, National Association
  • 101 N Main St, Coalgate, OK, 74538
  • Shamrock Bank is a full service, employee-owned, community bank serving Oklahoma & north Texas communities. Our mission is to create an outstanding banking experience for our communities by nurturing an effective employee ownership culture. Visit www.shamrockbank.com for our hours and addresses to our 8 current locations in Coalgate, Dura
  • Midwest Liberty Federal Credit Union
  • 1001 West B Street, Mc Cook, NE, 69001
  • Midwest Liberty Federal Credit Union is a not-for-profit financial cooperative owned by its members. Credit unions were founded on the idea that through a cooperative financial effort, individuals sharing common bonds could benefit. Credit unions promote thrift, and income is passed along to its members in the form of higher dividends
  • MNB Bank
  • 220 Norris Avenue, Mc Cook, NE, 69001
  • Since 1907, we’ve completed millions of transactions. Deposits, loans, withdrawals-- that’s what makes us a bank. But it’s the smiles, laughs, and handshakes that make us part of the community. MNB is a full-service, independent, community bank that has served area families, farms, businesses and communities.
  • Inspire Federal Credit Union
  • 3 Friends Lane, Newtown, PA, 18940
  • Inspire Federal Credit Union is a progressive financial institution that has been serving the financial needs of Bucks County residents since 1936. We are a relationship-based, not-for-profit organization, originally chartered to serve local educators, and have evolved into a full-service financial institution serving Bucks County, Pennsylvania.
  • The First National Bank and Trust Company of Newtown
  • 40 South State St, Newtown, PA, 18940
  • The First National Bank & Trust Company of Newtown (The First), Bucks County’s oldest, most established bank. For more than 155 years, The First has proudly remained independent and committed to our community, reinvesting all our deposits in local businesses, local mortgages, and local people.
  • Lending Capital Mortgage LLC
  • 12 Penns Trail, Newtown, PA, 18940
  • Lending Capital Mortgage pioneered the idea of one-stop shopping for homebuyers. Today, the LCM family offers you easy access not only to mortgage financing, but also to settlement services, and homeowners and title insurance all under one roof: ours We have over 45 years of collective experience