USDA Vs. FHA your options comparison in Gurnee, Lake County, IL

In 2025, USDA loan limit in Gurnee, 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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2025 loan limits and downpayment requirments in Gurnee, county of Lake, 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 Gurnee, 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.

Lendersa USDA loan request and matching results

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.

Enter your location to find out if it qualifies for USDA rural housing loan?



  • American Dream Mortgage, Inc.
  • 164 Philadelphia St, Indiana, PA, 15701
  • Our mission is to be of service to others. We are committed to providing superior customer service to those that support our business, to continue to educate ourselves and share our knowledge with others & to build & maintain long lasting relationships.We are 100% owned & licensed to do business in PA and offer: USDA, FHA & conventional loans, VA.
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  • 5920 SE Coyote Drive, Building 668, Topeka, KS, 66619
  • Founded in 1958 as Hutchinson Air Guard Credit Union, Forbes Field Credit Union has grown from seven original members to almost 700. Offering share accounts, certificates of deposit, and a wide array of loan products, our mission has never waivered – to foster the ideal of economic freedom and serve as financial advocates for our members.
  • Bank of Billings
  • 104 NE Elm Street, Billings, MO, 65610
  • Bank Of Billings is a branch office of Bank Of Billings. They provide the following services: Full Service Office Location and are located at 104 N E Elm Street in Billings Missouri. Mobile and traditional directions to this location can be found below along with ratings, their phone number, online banking website
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  • 305 4th Street West, Clear Lake, SD, 57226
  • DNB National Bank is a locally owned independent community bank. The bank, located in Clear Lake, South Dakota, was originally organized on December 16, 1925. We have redesigned our website to make your experience easier on all of your devices! Our goal is to provide the financial services you need along with the best customer service ever!
  • Griffith Institute Employees Federal Credit Union
  • 64 E Main Street, Suite 3, Springville, NY, 14141
  • The Griffith Institute Employees Federal Credit Union was established in 1961 by a group of teachers employed by the Griffith Institute Central School District. The Credit Union was created to allow the employees of the school district access to savings and loan accounts. In 2002, GIEFCU’s field of membership was expanded to include employees.
  • Lockport Schools Federal Credit Union
  • 360 S Transit Street, Lockport, NY, 14094
  • Lockport Schools Federal Credit Union, chartered in 1966, is a member-owned, not-for-profit organization whose objective is to meet the financial needs of our members through professional, courteous service with a personal touch. We take great pride in helping our members get the best value for their dollar.
  • Cornerstone Community FCU
  • 6485 S Transit Road, Lockport, NY, 14094
  • Cornerstone is a credit union/financial cooperative that has been serving Western New York since 1957. We began as Unit No. 1 Federal Credit Union, serving the employees of Harrison Radiator Division of General Motors. Anyone who lives, works, worships, goes to school or volunteers in Niagara or Erie County can join our credit union.
  • Preston Federal Credit Union
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  • Preston Federal Credit Union has been open since 1978. The credit union has assets totaling $33.13 Million and provides banking services to more than 2, 000 members as of March 2022. The credit union is a not-for-profit, member-owned financial cooperative providing financial banking services to multiple member groups