USDA Vs. FHA your options comparison in Glencoe, Cook County, IL
In 2025, the USDA loan limit for Glencoe, in Cook county, IL, is $0, whereas the FHA limit for a single-family home is $472,030.
Use the Lendersa® USDA loan calculator to assess and compare today's leading USDA vs. FHA rates. Determine what income, credit, reserves, and documents are required to qualify. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA loans side by side, helping you choose the program best suited to your financial scenario in .
2025 Loan Limits & Down Payment Requirements in Glencoe, Cook, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Glencoe, IL
Lendersa® aims to swiftly secure you the best possible USDA or FHA loan without hassle. Choose one of three pathways to find matching lenders and suitable USDA loan programs.
A USDA home loan, backed by the Department of Agriculture, known as a USDA rural development loan or mortgage, is available exclusively in rural neighborhoods. Unlike FHA loans requiring at least a 3.5% down payment, USDA loans have no down payment requirement.
The State Bank of Graymont was founded in 1913. Organizers for the State Bank of Graymont were headed by a Pontiac banker from the old National Bank of Pontiac. Other younger officers from the National Bank of Pontiac were also involved. Plus, there were other investors from the Pontiac area along with several investors from the Graymont area.
This company is a mortgage broker offering first mortgages, FHA loans, VA loans, conventional mortgages, reverse mortgages, construction loans and loans for manufactured homes. When you're ready, the next step in getting a low rate mortgage made easy is to contact me so we can review your unique situation.
Cornerstone Credit Union is a not-for-profit financial cooperative. We offer better rates, lower fees and affordable services. Loans, Mobile & Online banking, Free Checking, Savings, VISA Credit Card and more. Founded 1939.Credit Union is a not-for-profit financial cooperative. We offer better rates, lower fees
At Federated Bank, you can still find great hometown service. That has been our way of doing business since since our founding in 1918 (read about it here). Today Federated is a community bank offering complete personal banking, business banking, and trust services in North Central Illinois along Interstate 57.
We are committed to the communities in which we live and work. In addition to the Bank participating in hundreds of community events our employees volunteer thousands of hours of service to make a difference in their communities during the year. We are committed to helping our customers grow and prosper financially.
Summit, we’re all about helping you turn wishing, waiting and wondering into planning, doing and experiencing. We offer the basic products you want, like checking and savings accounts, credit cards and loans. And we go one step further, providing financial guidance, education, tools, one-on-one coaching and innovative programs to empower.
FSB of Forrest has been committed to the people, businesses & communities of Central Illinois. Since first days to the present, our motto is and has always been "a strong friend for your family," words we strive to live & work by every day. We offer our customers a welcoming, personalized experience from the time they step into one of our doors.
The G.W. Jones Exchange Bank will strive to continue as a profitable and competitive banking organization while maintaining and increasing its net worth. It will have as a general goal to engage in activities that will create new service, retain customers, and be sensitive and responsive to individual customer needs.