USDA and FHA Pro and Con in Grandwood-Park, Lake County, IL
For 2025, the USDA loan limit in Grandwood-Park, within the county of Lake, IL, is $0. The FHA limit for a single-family home is set at $379,500.
Utilize the Lendersa® USDA loan calculator to assess and compare today's top USDA and FHA rates. It helps you identify the necessary income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator allows you to examine USDA, FHA, Conforming, and VA options side by side, assisting in determining which plan in best fits your specific financial situation.
Loan Limits and Down Payment Requirements for 2025 in Grandwood-Park, Lake County, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Alternatives in Grandwood-Park, IL
The purpose of Lendersa® is to quickly and effortlessly connect you with the finest USDA or FHA loan available. Begin by choosing one of three entry points that lead to matching lenders and USDA loan programs.
A USDA home loan is guaranteed by the government Department of Agriculture, also referred to as the USDA rural development loan or USDA mortgage, and serves rural areas exclusively. Unlike FHA loans, which necessitate at least a 3.5% down payment, the USDA mortgage reads zero down payment requirement, making it uniquely advantageous for eligible applicants seeking homeownership in designated areas.
"Volt Credit Union (formerly Community Financial Credit Union) in Springfield, Missouri, has been making a difference in the lives of its members since 1935.
We work with employee groups - small or large - to enhance their benefit packages with financial services that can help your employees build a secure financial future."
Since 1933, Foundation Credit Union has been operating within the Springfield community. During our first 80 years, we were Springfield Teachers Credit Union, serving the employees of Springfield Public Schools. Throughout the 2000’s we began to grow, adding new counties eligible for membership each
OakStar has an engaging, inviting environment that feels less like banking and more like catching up with old friends. All of our guests are encouraged to enjoy a cup of coffee (the good stuff, we promise), a freshly baked cookie, and the opportunity to unwind. We believe that the community is at its best when its citizens thrive.
3100 S. National, Suite 201, Springfield, MO, 65807
With nearly 20 years of helping thousands of new and existing homeowners in the mortgage industry, Travis finds himself ranked as one of the top Mortgage Bankers in Southwest Missouri. Travis continues to focus on his number one priority – the customer. Travis derives his business from local business partners such as Realtors.
1930 W Bennett St, Suite 100, Springfield, MO, 65807
Paddio Home Loans is brought to you by the same incredible team behind Veterans United Home Loans. A commitment to service has fueled our work with Veterans and military families nationwide the past 18 years. Now we’re excited to deliver those same high-quality customer experiences across the country to non-military homebuyers.
BluCurrent Credit Union is Springfield's largest credit union with over 22, 000 members, 4 branch locations, and over $260 million in assets. We provide access to more than 5, 000 shared branches through our unique CU Service Center affiliation, and nearly 30, 000 free Nationwide ATMs through our CO-OP Network membership.
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Elderton State Bank’s mission is to create long-term value for customers, shareholders, employees, and the communities we serve by providing high quality, personal service Elderton State Bank was founded in Elderton, Pennsylvania in 1919. Since that time, the Bank has grown in assets to over $230 million and serves customers in 20 Pennsylvania coun
Farmers Bank and Trust has provided financial services to the community members, businesses, and farmers throughout Mississippi County and the surrounding region since 1908. Though the world looks a lot different now than it did in the early 1900s, the values we were founded on still guide us every day.
LOGAN FINANCE CORP is Industry Leading Investor For Correspondent Lenders.70 Years Ago Max Logan Founded Logan Real Estate For The Purpose Of Helping Young Families & Military Men Returning From World War II Achieve The Dream Of Owning A Home.Realizing The Need For High Quality, Low Cost Homes Logan Began Blytheville's First Housing Subdivision.
Frick Financial Federal Credit Union (formerly known as Frick Tri-County Federal Credit Union) has been open since 1962. The credit union has assets totaling $117.08 Million and provides banking services to more than 9, 000 members as of March 2022. The credit union is a community-based financial institution.
