USDA Vs. FHA Pro and Con 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.
325 Chestnut St, Suite 800, Philadelphia, PA, 19106
Our mission is to help our customers build wealth through real estate thus our tagline, "The Wealth Builder through Real Estates. Our only purpose is to deliver successful results. You do not need to be afraid of taking the first steps towards homeownership because we will guide you.
833 Kelly Lakes Pass, Suite 100, Edmond, OK, 73025
Security Financial Mortgage founded in 2012 Security Financial Mortgage has a simple business philosophy. With an efficient, knowledgeable team that is willing to work hard for every client, we can keep our costs low while providing exceptional service. This enables us to pass the savings on to our customers.
We were established in 1966 by a few state employees to serve state employees. Our mission statement is that "We provide quality services and help members attain financial success". Our membership consists of City, State, Federal employees who are employed or funded by a governmental entity, their immediate families.
The purpose of Eagle Express Federal Credit Union is to promote thrift among its members by affording them an opportunity to accumulate their savings, and to create for them a source of credit for provident or productive purposes. This Credit Union is federally insured by the National Credit Union Administration.
Founded in 1889, Trustmark is one of the South’s strongest and most respected financial institutions, comprised of more than 2, 800 professionals serving customers in over 190 locations throughout Alabama, Florida, Mississippi, Tennessee and Texas. We offer a comprehensive range of personal and business banking services - from personal banking.
Tioga-Franklin is the little bank with the big difference. We have been around since 1873, so we know a few things about quality banking. At Tioga-Franklin, you get all the benefits of a large banking institution in addition to the personalized, familiar environment of a small, community bank. As a Tioga-Franklin customer.
Our mission is to serve our customers with honesty, integrity, and competence. Our goal has always been 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.
3993 Huntingdon Pike, Huntingdon Valley, PA, 19006
Prudential Bank is a Pennsylvania chartered savings bank originally organized in 1886 as a Pennsylvania chartered mutual building and loan association. We were originally known as “The South Philadelphia Building and Loan Association No. 2”. We converted to a mutual savings bank in August 2004, to a Mutual Holding Company structure in March 2005
