USDA Vs. FHA your options comparison in Franklin-Park, Cook County, IL

In 2024, USDA loan limit in Franklin-Park, county of Cook, IL is $0 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.

Compare loan offers from 100 lenders

2024 loan limits and downpayment requirments in Franklin-Park, county of Cook, IL

Loan Type Loan Limit Down payment
USDA $0 0%
FHA $379,500 3.5%
Conventional Conforming $548,250 3%

USDA and FHA loan options in Franklin-Park, 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?



  • Freedom Bank
  • 99 West Essex Street, 2nd Floor, Maywood, NJ, 07607
  • Freedom Bank is an independent, full-service commercial bank that's committed to providing individuals and businesses with ways to achieve their financial goals. From checking and IOLTA accounts to CDs and low-cost loans, we have it all! We are dedicated to high-tech delivery of competitive products,
  • CLASSIC MORTGAGE, L.L.C.
  • 25 E Spring Vall9y Ave, Suite 205, Maywood, NJ, 07607
  • Classic Mortgage, LLC specializes in all types of mortgage loans including: FHA , VA , New Construction and traditional loans. Established over 16 years ago, Classic Mortgage a New Jersey Mortgage Firm has become one of the fastest growing residential lenders in the northeast.A full service mortgage banker licensed in New Jersey, New York,
  • The National Bank of Coxsackie
  • 3-7 Reed Street, Coxsackie, NY, 12051
  • At National Bank of Coxsackie, we pride ourselves on being a reliable hometown bank that focuses on customer service. We are committed to providing you with the finest products and services possible. National Bank of Coxsackie understands that not every individual is the same and views our customers as such.
  • Failla Funding
  • 23 Dorit Ct, Staten Island, NY, 10308
  • Failla Funding For over 20 years, me and my team have been committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area. Our outstanding mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your f
  • Fidelity First Mortgage Corporation
  • 3974 Amboy Road, Suite 302, Staten Island, NY, 10308
  • "Fidelity First Mortgage has been in business since 1994. We have served the local community by providing a broad range of mortgage loan products for residential, condo, coop, multifamily, mixed use, and commercial properties. We are a small firm. Because of that we provide the highest level of customer service,"
  • Hudson United Mortgage
  • 95 S. Middletown Road, Nanuet, NY, 10954
  • Hudson United Mortgage, LLC is a licensed mortgage banker by NYS Dept of Financial Services / Licensed by NJ Dept of Banking and Insurance, and is not affiliated with Hudson United Bank. When real estate agents told us that their clients were frustrated with the mortgage process, we started Hudson United Mortgage. When you work with a real estate a
  • Starion Bank
  • 333 North 4th Street, Bismarck, ND, 58502
  • Starion Bank is a $1.6 billion family-owned Bank providing Banking, mortgage, insurance and investment services for individuals, families and businesses across the Midwest. As an independent supercommunity Bank, we have the same services and technology as larger Banks, yet we offer personal service, make decisions locally.
  • Hodge Bank & Trust Company
  • 4619 Quitman Highway, Hodge, LA, 71247
  • Founded in 1965, Hodge Bank & Trust Company serves the banking needs of Jackson Parish and its surrounding communities. For nearly a half-century, Hodge Bank has provided personal and business banking services with an unparalleled commitment to customer service. At Hodge Bank, trust is more than a word.
  • Vantage Point Mortgage
  • 615 San Pedro Dr, Chesapeake, VA, 23322
  • Vantage Point Mortgage have great rates and low fees, but we offer you so much more. One simple question guides us – “How will this particular home loan fit into your overall short and long-term financial and wealth building plans?” In the end, we’re here to serve you and your dreams.