USDA Vs. FHA your options 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.
Glasford Bank can trace its roots back to July 15, 1900, when it opened with just two deposits. Originally known as Farmers and Traders Bank, it was located at the corner of Main and Hickory in a converted cigar factory. In 1905, the bank was relocated into a new brick building on the south side of Main Street.
For over 100 years, Ixonia Bank has been a locally owned, independent community bank. Experience the benefits of community banking at its best - fast decision-making, customized solutions, local expertise, and responsive, and flexible service. And most importantly experience relationships built on trust and understanding.
Greenwoods is headquartered in Lake Mills, WI, founded in 1884 and is a FDIC state-chartered bank. We have locations in Jefferson, Green, Rock, Racine, Walworth and Waukesha Counties.
Greenwoods is a high touch, community focused bank centered on you, our customer. We have all of the most advanced technology products
Bank of Lake Mills was organized in 1893 by S. A. Reed, E. J. Fargo, L. D. Fargo, David Gardner, B. J. Silliman, R. E. Favill, Robert Fargo, William Everson and Conrad Engsberg. The bank was built despite the numerous bank failures that occurred that same year.
In 1919, Emil Neupert joined Bank of Lake Mills and became Bank President.
The Bank of Yates City is an independent, full service bank serving consumers, small business, and agricultural customers. We will promote and invest in the well-being of the community. We have a commitment to delivering the highest quality products and services to our customer base and are dedicated to accommodating the growing demand.
Weatherhead Federal Credit Union has been open since 1965. The credit union has assets totaling $16.08 Million and provides banking services to more than 2,000 members. Membership: The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
IBEW Local #146 Credit Union was founded in 1958 by members of the IBEW Local 146 Union and is celebrating 60 years of being a member owned financial institution. Membership is open to members of the IBEW Local 146 and their immediate family members. Immediate family eligible for membership is limited to the spouse of the member
Staley Credit Union is a not-for-profit financial cooperative, owned by the members and operated solely for their benefit. Currently, membership at SCU is open to individuals who live or work in the Illinois counties of Macon, Moultrie, Piatt, DeWitt and Shelby, and the Indiana counties of Tippecanoe, Carroll, Clinton, Montgomery and White.
Summit Home Mortgage, LLC provides the promise of longevity and security along with a commitment to service excellence. We are recognized as the industry leader in mortgage partnerships because we are experts in our business and deliver outstanding service to our customers.
We offer hundreds of loan choices to our customers
