USDA and FHA Pro and Con in Frankfort, Will County, IL

In 2025, USDA loan limit in Frankfort, county of Will, IL is $336,500 while FHA limit is $472,030 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.

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2025 loan limits and downpayment requirments in Frankfort, county of Will, IL

Loan Type Loan Limit Down payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Frankfort, 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?



  • North Georgia Credit Union
  • 249 East Franklin Street, Hartwell, GA, 30643
  • North Georgia Credit Union is a not-for-profit financial cooperative. When you join the credit union, you become a shareholder – or an owner – of a very unique financial institution. Earnings above the required reserves are returned to you, in the form of lower interest rates on loans and competitive dividends on savings.
  • Your Money Center LLC
  • 25 Old Highway 29, Hartwell, GA, 30643
  • Your Money Center LLC We are a full-service tax and accounting firm with three convenient locations in Hartwell, Elberton and Toccoa, Georgia. It is our mission to go above and beyond the normal expectation of a tax preparation, booking and payroll firm by providing exceptional customer service
  • OneMile Mortgage LLC
  • 5456 Jimmy Carter Blvd, Suite 260, Norcross, GA, 30093
  • 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.
  • Multiple Lending Solution Inc
  • 1770 Indian Trail Road, Suite 420, Norcross, GA, 30093
  • Multiple Lending Solution Inc We will treat you right and give you the personal service you deserve. We know you're making a commitment in buying a house, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the right mortgage loan for you.
  • LoanUnitedcom LLC
  • 1770 Indian Trial Lilburn Road, Suite 300, Norcross, GA, 30093
  • Loan United, we specialize in FHA Home Loans, VA Home Loans for Veterans and Conventional Home Loans. Purchase a Home or Refinance your Mortgage. Reduce your interest rate, Consolidate Debt or Get cash out and also Services may not be available in all states or areas. Some products may not be available in all states or areas.
  • SHELTER HOME MORTGAGE, LLC
  • 1770 Indian Trail Lilburn Road NW, Suite 400, Norcross, GA, 30093
  • Shelter was founded in 1984 and has been originating loans in Georgia since 1993. We partner with real estate companies to offer you a convenient one-stop experience for your home buying and financing needs. Today, we are recognized as the industry leader in mortgage partnerships because we are experts in our business
  • Alliance Bank & Trust Company
  • 292 W Main Ave, Gastonia, NC, 28052
  • Alliance Bank & Trust is committed to being the premier financial services organization in our market and to provide outstanding quality service to our customers. We are committed to analyzing our customer’s financial needs and ensuring that we provide them with the financial products
  • First Financial Bank
  • 1630 4th Avenue North, Bessemer, AL, 35020
  • At First Financial Bank – headquartered in Bessemer, Alabama! We also have First Financial Bank branches in Centreville, Hueytown, McCalla, Pelham, Vance, West Blocton, and Woodstock. As a community bank, we offer friendly and personal hometown service. We serve our communities by accepting only local deposits
  • Marvel City Federal Credit Union
  • 316 17th St N, Bessemer, AL, 35020
  • At Marvel City Federal Credit Union, our Southern roots run deep. We live in a place where people take pride in their hometown, recognize that local businesses are the lifeblood of the economy, and go the extra mile to help their neighbors. Your finances are a major priority in your life. So we make it a priority to quickly.