USDA Vs. FHA your options comparison in Frankfort, Will County, IL
As of 2025, the USDA loan cap in Frankfort, located within Will county, IL, is set at $336,500. For FHA loans, the cap for a single-family residence stands at $472,030.
By utilizing the Lendersa® USDA loan calculator, you can effectively assess and compare the best current rates for USDA and FHA loans. This tool also assists in understanding the income, credit profile, and documentation required to qualify. Our comprehensive mortgage calculator presents a side-by-side view of USDA, FHA, Conforming, and VA loans for a clear comparison, aiding you in selecting the suitable program in tailored to your financial needs.
2025 Loan Limits and Down Payment Requirements in Frankfort, Will, IL
Loan Category
Loan Cap
Deposit Requirement
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Choices in Frankfort, IL
Lendersa's mission is to provide you with the most favorable USDA or FHA loan swiftly and seamlessly. You can begin from one of three options, each leading you to matching lenders and available USDA loan programs.
A USDA home loan, sponsored by the U.S. Department of Agriculture, also known as a USDA rural development loan or mortgage, is intended for use in rural areas. Unlike the FHA mortgage that necessitates a minimum 3.5% down payment, the USDA loan permits zero down payment, making it a viable option for many buyers.
At Bank of Brookhaven it's all about you!
We specialize in courteous, efficient service that provides our customers & friends with individual attention. When you come into Bank of Brookhaven, we'll make it a point to greet you & answer any question you may have about the banking services we offer. We're the new bank with an old fashion commitment
825 Georges Road, 3rd Floor, North Brunswick, NJ, 08902
The Middlesex County Employees Federal Credit Union has been in existence since 1967. We are federally chartered and have to follow the rules and regulations set by the National Credit Union Association "NCUA". Our books and policies are audited at least once a year. All accounts are insured by NCUA for up to $250, 000.
1215 Livingston Avenue, Suite 305, North Brunswick, NJ, 08902
Our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today.
SMC Home Finance was established in 1996 by Donald Fader after spending time in management roles with First American Savings and First South Bank. The company is licensed as a non-depository mortgage lender under the supervision and regulation of the North Carolina Commissioner of Banks.
200 Connell Drive, Suite 4000, Berkeley Heights, NJ, 07922
Ready Capital is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans.We specialize in loans backed by commercial real estate, including agency multifamily, investor and bridge as well as SBA 7(a) business loans. Headquartered in New York City.
North East Texas Credit Union has been open since 1948. The credit union has assets totaling $201 Million and provides banking services to more than 14, 000 members as of March 2022.
The credit union is a member-owned financial cooperative providing banking services including savings, loans.
Country Home Loans, Inc you will find caring, highly trained mortgage professionals who dedicate themselves to insuring your home financing experience is both tailored to fit your individual needs and benefit you. We have several offices that service our clients throughout the Great State of Oklahoma.
1800 Jimmy Davis Highway, Suite B, Bossier City, LA, 71112
Cherry Mortgage, LLC is owned and operated by Tanya Corbett (NMLS # 100655) a military spouse who understands the struggles of military living as well as the benefits. Licensed in Louisiana to assist in obtaining financing for all your residential mortgage needs. We specialize in VA loans, FHA loans, USDA loans.
"Arkad Capital is the creation of three real estate entrepreneurs and
their constant pursuit of higher real estate investing performance. With
combined Main St. and Wall St. Knowledge, Arkad Capital brings great
value to its borrowers by offering highly competitive terms, industry
knowledge, and outside of the box lending."
