USDA Vs. FHA Pro and Con comparison 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.
Hughie Thomas President & Founder of Coastal Pacific Mortgage Corporation in 1980 Providing All Types of Residential Financing. As a Mortgage Broker Hughie is not limited to just one lender. He have been able to establish relationships with many different lenders allowing me to shop for the best rates and terms for you.
Premium Funding Group is built on over 25 years of combined experience in mortgage lending. Its founders and lead loan officers, Sean Pope and Zachary Taylor, along with their experienced staff, work with you personally to find the program that best fits your situation. In this environment of tighter guidelines and paperwork.
The firm’s principals have a combined 40+ years experience in property development and real estate finance and have originated over $1 billion in high-yielding private mortgages throughout their careers. Triumph's mission is to provide debt capital to meet the complex needs of today’s real estate investors nationwide.
512 Via de la Valle Suite 200, Solana Beach, CA, 92075
The SFG family of funds was built on disciplined lending models to provide for consistent income with a focus on capital preservation. For three decades, the principals of SFG, John Odegard and Greg Elderkin, have faithfully managed their discretionary authority and proven the quality of SFG’s capital stewardship through numerous market cycles.
Foothill Credit Union is a full service financial institution dedicated to providing its members with exceptional banking products and exceptional service. Foothill specializes in serving employees of specific partner hospitals and school districts as well as over 250+ other employer groups.
122 A East Foothill Blvd, Suite 169, Arcadia, CA, 91006
Primera Financial Services specialized in niche products. We can help you secure a residential mortgage loan, even if you have bad credit history or challenging circumstances. We pride ourselves upon finding the best mortgage for you in the shortest possible time, plus making the experience as hassle-free as possible.
4115 East Live Oak Avenue, Suite 11, Arcadia, CA, 91006
HLOANPRO We have been in the Real Estate and Mortgage service business for over 20 successful years. This longevity and confidence comes from our Real Estate & Mortgage services to a great many buyers and sellers, and their recommendations to others that result in repeat referral business.
Target Mortgage Inc 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
128 East Huntington Drive, Suite B, Arcadia, CA, 91006
Pacific Integrated Capital, has over 40 years of experience in the residential and commercial real estate market. PIC is here to provide commercial brokerage services to clients with properties in the Los Angeles, Orange, Bernardino, Riverside, Ventura, and San Diego counties. We can assist clients with acquisitions
67 East Live Oak Avenue, Suite 103, Arcadia, CA, 91006
Fidelity 1st Funding was founded in 2005 to fill the void major lenders had in programs, to help clients with low credit scores. Fidelity 1st Funding’s staff have over 10 years’ experience in the mortgage industry.Fidelity 1st Funding has helped hundreds of clients with excellent credit to clients with less than perfect credit obtain new mortgages.
1010 Foothill Blvd, La Canada Flintridge, CA, 91011
We are a full-service direct lender, located in Southern California. With centralized operations and local supervision at every step of the way, we make sure our clients get the one-on-one attention and service they deserve. We have a solution-based, hands-on management team with the expertise necessary to succeed in today’s complex lending environ
