USDA and FHA Pro and Con 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%.
975 East Nerge Road, Suite N10, Roselle, IL, 60172
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.
ACS Mortgage Corporation is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple and straight forward by offering you the latest in financial tools..
Elite Commercial Lending dba Elite Residential Lending is currently licensed in Illinois and is a full-service mortgage broker, headquartered in Chicago, Illinois and we offer fast service, low rates and we provide an innovative mix of mortgage products. Our Vice President has over 27 years of mortgage experience.
1 Tiffany Pointe, Suite 204, Bloomingdale, IL, 60108
Main Street Mortgage, Inc. is an Illinois Mortgage Broker. This allows us to work with many different banks to ensure you the best rate and loan program for your needs. With over30 years of mortgage experience, Main Street Mortgage, Inc. specializes in conforming, FHA & VA loans.
129 Fairfield Way, Suite 100, Bloomingdale, IL, 60108
AVA Mortgage Corp. Whether you are buying a home, refinancing, or taking out another type of loan, our staff is available at your ease and comfort, and are here to guide you through the process. Do not worry about filing a bunch of paperwork, our loan officers will walk you through the entire process.
Quick Mortgage Corp. Whether you want to buy a house, refinancing, or taking out another type of home loan, our loan officers are available at your ease and comfort, and are here to guide you through the process. Do not worry about filing a bunch of paperwork, our loan processors will walk you through the entire process.
Midland Federal has served Chicago's south and southwest neighborhoods for over a century as a family-owned community institution. We're strong and solid; long-standing and secure. Our customers have banked with us for generations because they feel at home with us. We know our customers and they know us.
Comfy Loans LLC is is privately owned and licensed as a residential mortgage broker in 2 states - Florida & Illinois. Unlike banks and giant online lenders, Comfy Loans LLC specialize exclusively in home loans. We can find the best loan for your situation. And because we have access to wholesale rates, we’ll pass those savings along to you.
