USDA Loan Vs. FHA loan for Grayslake, IL [ best of 2023]

In 2025, USDA loan limit in Grayslake, county of Lake, IL is $0 while FHA limit is $472,030 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.

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USDA and FHA loan options in Grayslake, 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.

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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.

(410) 750-0020 638 miles Lender's profile and map Reviews Howard Bank 3301 Boston Street, Baltimore, MD, 21224 At Howard Bank, business is always personal. It’s the difference between a good Banker and an exceptional one. We believe that outstanding service doesn’t come from a set of guidelines. It comes from understanding the connection you have with the people you serve. This is about building dreams and legacies.
(888) 594-0489 638 miles Lender's profile and map Reviews Preferred Home Loans 514 Oldham Street, Baltimore, MD, 21224 Whether you’re looking to buy, build or refinance your home, our experienced mortgage professionals are here to help. Here at Preferred Home Loans, we offer a variety of loan options that can help you achieve home ownership with the speed and service you deserve. Plus, our mortgage professionals are dedicated to finding the right loan.
(443) 885-0060 638 miles Lender's profile and map Reviews Secured Funding Corporation 3500 Boston St, Suite 234, Baltimore, MD, 21224 Secured Funding Corporation is a full-service mortgage brokerage firm specializing in FHA, Conventional, VA, and 203k residential loans. Our team of originators have years of valuable experience in the home loan industry and have built a reputation of excellent customer service that is exemplified by the number
(918) 469-3337 638 miles Lender's profile and map Reviews The Farmers State Bank 1101 West Main Street, Quinton, OK, 74561 The Farmers State Bank, the second bank established in Quinton, opened for business on April 7, 1908. A small wood frame building provided temporary facilities for the bank at that time. In 1929, stockholders purchased The First National Bank of Quinton and Kinta State Bank, consolidating assets under the state charter of Farmers State Bank.
(954) 862-1483 638 miles Lender's profile and map Reviews Americasa Home Loans 2191 Defense Hwy, Suite 304, Crofton, MD, 21114 Massimo Credit a Direct Lender. Whether for a first-time home buyer, a growing family or an established homeowner looking for an investment or vacation property, We offers a wide range of financing options to meet home buyer needs. Our experienced and knowledgeable loan officers will review each home buyer’s personal financial position.
(443) 336-5525 638 miles Lender's profile and map Reviews Washingtonian Mortgage LLC 2191 Defense Highway, Suite 300, Crofton, MD, 21114 Washingtonian Mortgage LLC will treat you with the respect due an esteemed customer and give you the personal service you deserve. We understand the big commitment you are making in buying a home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify
(833) 458-8664 638 miles Lender's profile and map Reviews My Mortgage, Inc. 2191 Defense Hwy, Suite 304B, Crofton, MD, 21114 At My Mortgage, Inc., you will find an experienced team of professionals dedicated to making your mortgage transaction a remarkable experience. We pride ourselves in our fairness and honesty and we truly care about every loan transaction and each client we serve. We believe in helping everyone fulfill their goals.
(918) 652-4407 638 miles Lender's profile and map Reviews First Family Federal Credit Union 402 E Main Street, Henryetta, OK, 74437 First Family Federal Credit Union has been open since 1956. It's the 21st largest credit union in Oklahoma with assets totaling $122.45 Million and providing banking services to more than 16, 000 members. The credit union is a community-based financial institution. People living, working
(785) 625-2427 639 miles Lender's profile and map Reviews Farmers Credit Union 2825 Plaza Avenue, Hays, KS, 67601 The Farmers Credit Union was founded in 1953. The first location was an office located in the Farmers Co-op Building. The original capital was obtained by proceeds from a bake sale. Anyone who is a resident of Ellis County or adjoining counties is eligible to be a member of the Farmers Credit Union.
(785) 621-2265 639 miles Lender's profile and map Reviews Bank of Hays 1000 W 27th St, Hays, KS, 67601 Bank of Hays offers HELOC's with competitive rates and terms. A HELOC loan can be used for many different purposes: a vacation, your child's education, home improvement, or unforeseen emergencies. A HELOC from Bank of Hays allows you to "make your own loan" as the need arises. Borrow as little as $5, 000.
(785) 625-7345 639 miles Lender's profile and map Reviews Golden Belt Bank 1101 East 27th St, Hays, KS, 67601 At Golden Belt Bank, we take great pride in delivering our products in the manner our customer wants them. We strive to establish long-term relationships with our customers and our community. Every day, we get to help write the story. Because we believe one successful story builds one successful family,