USDA Vs. FHA Pro and Con comparison in Frankfort-Square, Will County, IL
In 2025, USDA loan limit in Frankfort-Square, county of Will, IL is $303,600 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.
2025 loan limits and downpayment requirments in Frankfort-Square, county of 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
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.
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?
Brannen Bank has been providing personalized banking service since 1926 when our founder, George H. Brannen, Sr., established the first Brannen Bank in historic Homosassa as the Bank of Homosassa. Relocated to Inverness in 1929 and renamed The Bank of Inverness Brannen Bank was the only bank in Citrus County to survive the economic crash of 1929.
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Industry State Bank was founded as an institution involved in the progress of the town of Industry, Texas and the surrounding area. On February 9, 1911, a group of interested citizens took the initiative to begin the process of forming a bank in Industry. Its first name was the First Guaranty State Bank of Industry, and 100 shares of capital stock.
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First Federal Savings and Loan Association of Bath
125 Front St, Bath, ME, 04530
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