USDA Vs. FHA your options comparison in Lincolnwood, Cook County, IL
As of 2025, in the city of Lincolnwood, located in Cook, IL, the USDA loan limit is set at $0. For a single-family residence, the FHA limit stands at $472,030.
Utilize the Lendersa® USDA loan calculator to evaluate today's USDA versus FHA rates efficiently and ascertain the income, credit standing, assets, and documentation necessary for qualification. Our advanced mortgage calculator enables a parallel evaluation of USDA, FHA, Conforming, and VA loans to help you choose the best option for your financial circumstances in .
Loan Limits and Down Payment Requirements for 2025 in Lincolnwood, Cook, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Alternatives in Lincolnwood, IL
At Lendersa®, our mission is to secure you the best USDA or FHA loan quickly and with minimal difficulty. Begin with one of our three pathways that align you with suitable lenders and USDA loan plans.
A USDA home loan, also known as a USDA mortgage or a USDA rural development loan, is backed by the U.S. Department of Agriculture. It is specifically tailored for rural areas and does not require a down payment, which sets it apart from FHA loans that necessitate a minimum down payment of 3.5%.
Origin Bank, formerly Community Trust Bank, is a Louisiana-chartered bank serving Louisiana, Texas and Mississippi. For over 100 years, we have provided a wide range of traditional banking services and are combining our industry expertise with modern applications to make banking easy both online and offline.
We are your full-service, not-for-profit financial institution. We’re member-owned and operated, so you’ll always feel at home. Also, we have no stockholders to pay. Profits (after operating expenses) are returned directly to you and your fellow members in the form of higher dividends on savings, lower loan rates, and reduced fees for services!
Communication Federal Credit Union has been committed to serving members since 1939 and providing the best overall value of financial products and services available. Communication Federal Credit Union has headquarters in Oklahoma City and was founded in 1939. It has more than 85, 000 members and over one billion dollars in assets.
Bank7 is a full-service Oklahoma-based community bank chartered in 1901 and relocated to Oklahoma City in 2005. With locations throughout Oklahoma, Kansas, and Texas, Bank7 has expanded its footprint to service the communities in which we live. Our history and vast experience in the energy industries, real estate, construction, and agriculture
1000 W Wilshire Blvd, Suite 364, Oklahoma City, OK, 73116
Cross Timbers Mortgage specializes in home loans in Oklahoma. Our services go beyond just the products we offer: education, training, and building strong relationships within the mortgage industry are also what we focus on, allowing us to bring the most value to our customers. The goal is to provide the best guidance, speed
7201 N. Classen Blvd., Suite 105, Oklahoma City, OK, 73116
We have owned and operated a number of successful real estate based business over the past 25 years in the areas of retail, industrial, office and single family residential. Among the affiliated companies are Mull Properties and RSM Properties, which owns and operates a HomeVestors franchise office in Oklahoma City, Oklahoma. HomeVestors is better
5100 N. Classen Blvd, Suite 500, Oklahoma City, OK, 73118
First Fidelity Bank takes pride in its legacy as a community Bank. Since 1920, we’ve been serving clients with the high level of individual care that community Banks are known for, while using the same sophisticated technology as large national Banks. An award-winning financial institution, First Fidelity Bank’s commitment to our clients
4335 N Classen, Suite 101, Oklahoma City, OK, 73118
We are a local mortgage brokerage dedicated to finding the best product for our clients while providing a great experience.Our platform allows us to give our clients great rates while on average being $1, 500 cheaper in lender fees than our competitors. We have a loan program for just about every situation.
