USDA Vs. FHA Pro and Con comparison in Hawthorn-Woods, Lake County, IL

In 2025, the USDA loan limit for Hawthorn-Woods, found in Lake, IL, is $0, whereas the FHA limit for a single-family residence is $379,500.

Utilize the Lendersa® USDA loan calculator to assess today's best USDA vs. FHA rates, identifying necessary income, credit, reserves, and documentation for eligibility. Our advanced mortgage calculator presents side-by-side views of USDA, FHA, Conforming, and VA options, helping determine the optimal program for your financial situation in .

Explore loan offers from 100 different lenders

2025 Loan Limits & Downpayment Requirements in Hawthorn-Woods, Lake, IL

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $379,500 3.5%
Conventional Conforming $548,250 3%

USDA and FHA Loan Opportunities in Hawthorn-Woods, IL

Lendersa® is committed to getting you the best USDA or FHA loan swiftly and without hassle. Begin with one of three options to locate lenders and appropriate USDA loan programs.

Lendersa USDA loan request and matching results

Understanding USDA Loans in IL

A USDA home loan, backed by the Department of Agriculture—also known as a USDA rural development loan or mortgage—is available solely to rural neighborhoods. Unlike FHA loans, which require a minimum 3.5% down payment, USDA loans demand no down payment.

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



  • Alibaba Lending
  • 10 Vinnie Way, Shrewsbury, MA, 01545
  • At Alibaba Lending, our mission is to set a high standard in the loan industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the loan process, so that you can confidently select the best loan for you and your company from the many loan options that are available today.
  • Security First Mortgage Funding LLC
  • 21 N. Quinsigamond Ave, Worcester, MA, 01545
  • Security First Mortgage Funding is a Mortgage Lender with a Lending Platform designed to meet the needs of Today's Borrower. We have the lowest rates on conventional, Jumbo, FHA, VA and portfolio loans Available. We also specialize in Condo financing. At Security First we have a dedicated team of loan officers & processors.
  • Drew Mortgage Associates
  • 196 Boston Turnpike Road, Shrewsbury, MA, 01545
  • We’re more than a mortgage lender – we’re comprehensive mortgage planners. Our home loan officers are trained to help you apply for a mortgage loan that supports your financial goals. We offer a variety of home loan programs to fit your individual mortgage needs.This kind of planning may save you money and help you achieve your financial goals.
  • Ellis County Teachers & Employees Federal Credit Union
  • 61 Northgate Drive, Waxahachie, TX, 75165
  • Ellis County Teachers & Employees Federal Credit Union, you’re a member, not a number. Our goal is to put our members first in all we do.We provide products and services that help the financial stability and economic growth for both our members and our community. As part of your community, we plan for the future to help individuals achieve.
  • Mid-Tex Mortgage, LLC
  • 130 Chieftain Drive, Suite 103, Waxahachie, TX, 75165
  • We have been originating mortgage loans for over 24 years here in the Dallas and Ellis County area. We pride ourselves on providing our customers with the perfect loan for their situation, good rates and personal service. We work diligently to make your lending experience a good one.
  • Glynn County Federal Employees Credit Union
  • 1131 Chapel Crossing Rd, Brunswick, GA, 31525
  • Since 1953 Glynn County Federal Employees Credit Union has been serving our members as a not-for-profit financial cooperative owned and controlled by our members. Instead of stockholders, a voluntary Board of Directors. Supervisory Committee and Credit Committee oversee the credit union.
  • Harbour Mortgage Group
  • 163 S. Broad St, Suite 11, Pawcatuck, CT, 06379
  • 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.
  • Highway District 2 Credit Union
  • 6112 McCart Avenue, Suite 205, Fort Worth, TX, 76133
  • The Highway District 2 Credit Union was organized and chartered in 1958 as an association of the employees of the Fort Worth District State Highway Department. As of December, 2021, the Credit Union has 742 members with total assets of $5, 459, 341. The credit union has processed 25, 849 loans since 1958 totaling $73, 139, 693.
  • DiversiFund Texas LP
  • 42 Bounty Road East, Benbrook, TX, 76132
  • If you are a consumer needing a Mortgage Loan you can rely on DiversiFund Texas, LP for an honest evaluation of your specific, personal situation. We won’t try to talk you in to a mortgage that is not in your best interest. Many of our best customers began with a long term plan. Kevin Gahagan founded DiversiFund in 1989
  • Homefield Credit Union
  • 86 Worcester St, North Grafton, MA, 01536
  • Homefield Credit Union is a community-based credit union founded in 1966. Originally chartered as Grafton Suburban Credit Union with a field of membership including those in the Greater Grafton area, HCU has grown to include a field of membership encompassing all of Worcester and Middlesex counties.