USDA Loan Vs. FHA loan pro & con Grayslake, Lake County, IL

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.

(941) 918-2800 Lender's profile and map Reviews Bombay Mortgage 8 Sorento Drive Suite 14, Osprey, FL, 34229 Bombay Mortgage believe in helping all aspiring homeowners get the help they need. We are committed to finding the right solution for your mortgage as quickly as possible. By streamlining our processes and offering professional service along the way we’ve found many of our clients are able to qualify for a mortgage loan
(575) 829-3366 Lender's profile and map Reviews Jemez Valley Credit Union 17117 Highway 4, Jemez Springs, NM, 87025 The Jemez Valley Credit Union has been providing quality service to its members for more than 50 years. We are proud to be a non-profit member-owned financial institution. Our mission is to provide our members with prompt, accurate, high quality, reasonably priced service. Jemez Valley Credit Union was established in 1966.
(505) 622-4444 Lender's profile and map Reviews Telco Federal Credit Union 110 N Washington Avenue, Roswell, NM, 88203 Our credit union was chartered in 1952. Membership was limited to telephone company employees and their family members. The original credit union was operated out of the home of Ray and Marjean May. After their retirement, Tom and Doris Fletcher took over the management of the credit union
(970) 243-1370 Lender's profile and map Reviews Grand Junction Federal Credit Union 633 24 Road, Grand Junction, CO, 81505 GJFCU provides the following, competitive services to the community: low-balance savings accounts, free checking accounts, share certificates, IRA certificates, direct deposit, wire transfers, payroll deduction, debit cards, Visa credit card – no annual fee, pre-paid debit & travel cards, gift cards, money orders, low interest loans.
(361) 526-2275 Lender's profile and map Reviews Refugio County Federal Credit Union 514 Swift Street, Refugio, TX, 78377 Refugio County Federal Credit Union, founded in 1958, is a federally insured, member owned, not-for-profit financial institution whose purpose is to promote the financial well-being of its members. We serve the three school districts in Refugio County which include Refugio ISD, Woodsboro ISD, and Austwell-Tivoli ISD.
(970) 243-6600 Lender's profile and map Reviews Home Loan State Bank 205 N. 4th Street, Grand Junction, CO, 81501 Home Loan’s mission is to be the preeminent financial services company in Western Colorado. Our vision involves continuously evolving and growing our institution by adding new services and products, recruiting and retaining the best bankers, lenders and service staff, all the while merging cutting edge technology with traditional values.
(970) 243-2434 Lender's profile and map Reviews Western Rockies Federal Credit Union 2302 North Avenue, Grand Junction, CO, 81501 As a financial cooperative, the best interests of our members and community have always been at the forefront of our business. From our humble beginnings, Western Rockies has become one of the largest local financial institutions serving Colorado’s Western Slope. Today, Western Rockies FCU has 13,600 members and locations in Grand Junction, Rifle.
(970) 243-7330 Lender's profile and map Reviews Rio Grande Federal Credit Union 760 Rood Avenue, Grand Junction, CO, 81501 Rio Grande Federal Credit Union is a full-service financial institution, proudly serving the daily financial needs of over 4600 members. As a member-owned, not-for-profit company, our earnings go back to members in the form of more favorable rates on loans and credit cards as well as lower fees for banking products and services.
(970) 242-3100 Lender's profile and map Reviews Harmony Federal Credit Union (FCU) 504 Court Road, Grand Junction, CO, 81501 Our Mission is To serve our members by providing competitive and convenient services in a professional and friendly manner, while enhancing the financial security of our members, the credit union and our community. Credit Unions are collectively owned financial cooperatives operated for the mutual benefit of their members/owners.
(970) 243-7280 Lender's profile and map Reviews Coloramo Federal Credit Union 516 28 Road, Grand Junction, CO, 81501 Coloramo Federal Credit Union was established on June 8, 1953. Coloramo originally consisted of only eight members who were Colorado Raw Materials Office employees. Today, Coloramo serves 11,088 members and has assets of $150 million. Coloramo Federal Credit Union's mission is to build lifelong member relationships to help our members.
(970) 242-2288 Lender's profile and map Reviews W.C. Mortgage Inc. 803 White Avenue, Grand Junction, CO, 81501 At W.C. Mortgage Inc., we have a saying here, "Mobiles to Mansions," whether you are buying a manufactured house in a mobile home park or a mansion on acreage we have a competitive program for you. We have been in business for over a decade as a small personable brokerage that has grown throughout the years by being true to our customers.