USDA Vs. FHA Pro and Con comparison in Frankfort-Square, Will County, IL
In 2025, the USDA loan limit set for Frankfort-Square, within Will, IL, is $303,600, whereas the FHA limit for a single-family home is $379,500.
Employ the Lendersa® USDA loan calculator to compare today's top USDA vs. FHA rates and determine the necessary income, credit, reserves, and documents to qualify. Our advanced mortgage calculator offers side-by-side comparisons of USDA, FHA, Conforming, and VA options, aiding in selecting the program best suited to your financial situation in .
2025 Loan Limits & Down Payment Requirements in Frankfort-Square, Will, IL
Loan Type
Loan Limit
Down Payment
USDA
$303,600
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Frankfort-Square, IL
The goal of Lendersa® is to secure you the best USDA or FHA loan quickly and smoothly. Select one of three starting points that guide you to matching lenders and suitable USDA loan programs.
A USDA home loan, backed by the government Department of Agriculture, also known as a USDA rural development loan or mortgage, is specifically for rural neighborhoods. Unlike FHA loans requiring a 3.5% down payment, USDA loans require none.
Planet Management Group, headquartered in Melville, New York, is managed by executives with over 100 years combined experience in mortgage servicing, credit risk management, & capital markets activity. Its default management team has over 20 years of experience in default management, loss mitigation, foreclosures, bankruptcies, and REO management.
Members Mortgage Corp. was created in 1999, specifically to provide an honest and affordable Mortgage Loan Program to NYC’s Police and Firefighter Union Members and their families as a way of giving back to those who give so much of themselves. It was received enthusiastically by the union memberships and proved to be an immediate success.
20 Broad Hollow Road, Suite 2008B, Melville, NY, 11747
JM Capital Group is committed to helping our clients find the best mortgage rates on the market. We take the time to source the best deals from banks, credit unions and mortgage lenders to provide you with the best solutions. Everyone’s situation is unique and we care for each our clients in a personalized way.
25 Melville Park Road, Suite 110, Melville, NY, 11747
United Mortgages Corp’s only business is mortgages. Unlike a commercial bank, we are not limited to one or two standard programs. As a mortgage banker, we have many market sources to offer our clients. We know that each customer has a special set of circumstances and our specialty is identifying the right type of loan that meets your needs.
At Reliance First Capital our goal is to help homeowners and prospective homeowners receive the right mortgage for their specific financial goals. We achieve this by customizing home loan programs that match each of our client's unique needs and situation. We are an approved FHA, VA, Fannie Mae and Freddie Mac lender.
25 Melville Park Road, Suite 100, Melville, NY, 11747
"We are a Faith Focused Mortgage Team. Serving clients across the United States. And helping families with arguably the most important purchase of their life.
What’s special here though… is that we’ve gotten to put together a team with Christian values, faith & family at our core."
We are a direct lender and our service and commitment to quality is legendary. Throughout the years, thousands of homeowners have come to count on Interstate because of our commitment to assisting individuals and families achieve their dream of owning or keeping their family home.
East Coast Capital was founded in 1999 by Seth Fass who still remains the leader of the organization to this day.The company continues to grow at a staggering rate by only hiring the most qualified professionals & educating them on a culture that has persevered to this day. Trust coupled with expertise allows our firm to stay ahead of the industry.
One Huntington Quadrangle, Suite 1N09, North Tonawanda, NY, 11747
With our highly knowledgeable and professional Mortgage Consultants and Processing Department, we will get you the best loan to fit your needs. As an industry leader, Affordable Financial Services LTD takes pride in our vast knowledge of the mortgage industry and its products available to today’s borrower.
