USDA Vs. FHA Pro and Con comparison in Huntley, McHenry County, IL

In 2024, USDA loan limit in Huntley, county of McHenry, IL is $336,500 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.

Compare loan offers from 100 lenders

2024 loan limits and downpayment requirments in Huntley, county of McHenry, IL

Loan Type Loan Limit Down payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Huntley, 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?



  • Grand Oaks Funding, LLC
  • 600 Manor Road Suite 2A, Staten Island, NY, 10314
  • We 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, apply and be approved for the ideal mortgage for you.
  • Community Resource Federal Credit Union
  • 20 Wade Road, Latham, NY, 12110
  • We offer outstanding rates and low fees on a full range of financial products. Our mission is to improve the lives of our members and community by providing access to affordable, reliable and solution based financial services. Our mission is to improve the lives of our members and the community by providing access to affordable
  • Sunmark Credit Union
  • 1187 Troy Schenectady Road, Latham, NY, 12110
  • Sunmark Credit Union is a full-service, community chartered credit union serving New York through financial services, education and empowerment. Since 1937, Sunmark Credit Union has been helping members in New York improve their financial position by offering a full range of products, from mortgage and retirement options to savings and checking.
  • Maple Tree Funding
  • 1202 Troy Schenectady Rd, Bldg 3, Latham, NY, 12110
  • Maple Tree Funding is a New York State Registered Mortgage Broker. Established in 2003, we have been providing excellent mortgage programs for both home purchases and home refinancing to home buyers throughout New York State for more than a decade.We are a locally owned & operated company based in Latham, New York with a branch office in Queensbury
  • FREEDOM ONE FUNDING, INC
  • 404 Troy Schenectady Rd, Latham, NY, 12110
  • Low rate mortgage refinancing, FHA loan rates, fixed mortgage refinance, low equity loans, refinance mortgages, second mortgage rates, home equity loan and new home financing provided by Freedom One Funding. Freedom One Funding, Inc. – Registered Mortgage Broker – NYS Dept. of Financial Service. Loans arranged through third party providers.
  • Northeast Funding Services, Inc.
  • 30 Century Hill Dr Suite 103, Latham, NY, 12110
  • Northeast Funding is a Licensed Mortgage Broker in both New York and Connecticut. As a broker we do the hard part for you. We shop out the interest rate between several local, regional, and national banks to find which one is the for you. We make the process as simple as we can for you.
  • Magnolia State Bank
  • 130 Oak Street, Eastman, GA, 31023
  • Since its inception, the bank's primary mission has been to serve the banking needs of the people in the counties and surrounding communities where Magnolia State Bank is located and this continues to be the primary driving force behind the bank today. Through the years, the Bank has built a reputation of soundness
  • Dacotah Federal Credit Union
  • 2990 E Highway 44, Rapid City, SD, 57703
  • Since its inception in 1950 the Dacotah Federal Credit Union has been serving its members in the Rapid City, South Dakota area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages.
  • The Peoples Bank of Red Level
  • 29607 Main Street, Red Level, AL, 36474
  • Peoples Bank of Red Level is located in Red Level, AL, United States and is part of the Depository Credit Intermediation Industry. Peoples Bank of Red Level has 7 total employees across all of its locations and generates $605,000 in sales (USD). Our goal is to be an outstanding community bank by understanding our customers’ needs
  • Freedom Bank
  • 99 West Essex Street, 2nd Floor, Maywood, NJ, 07607
  • Freedom Bank is an independent, full-service commercial bank that's committed to providing individuals and businesses with ways to achieve their financial goals. From checking and IOLTA accounts to CDs and low-cost loans, we have it all! We are dedicated to high-tech delivery of competitive products,