USDA Loan Vs. FHA loan pro & con Long-Grove, Lake County, IL

During 2025, the USDA loan limit for Long-Grove in the county of Lake, IL, is set at $0. Meanwhile, the FHA loan limit for a single-family home is $379,500.

Employ the Lendersa® USDA loan calculator to assess today's best USDA vs. FHA rates. This tool enables you to determine the income, credit, reserves, and required documents necessary for qualification. Our advanced mortgage calculator contrasts USDA, FHA, Conforming, and VA loans side by side, guiding you to decide the most fitting program in for your financial circumstances.

Exploring USDA and FHA Loan Options in Long-Grove, IL

The aim of Lendersa® is to secure you the best possible USDA or FHA loan efficiently and without hassle. Choose from three initial points to connect with lenders that match and USDA loan programs tailored to your needs.

Lendersa USDA loan request and matching results

What Exactly Is a USDA Loan in IL?

The USDA home loan, backed by the government's Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, is available only in rural areas. Unlike FHA loans that require at least a 3.5% down payment, the USDA mortgage loan requires no down payment, offering a distinct advantage.

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(888) 220-1064 Lender's profile and map Reviews United Mortgage 9393 W 110th St, Suite 350, Overland Park, KS, 66210 Established in 2007, United Mortgage has been recognized as one of the fastest-growing private companies in America and is now considered a premiere purchase lender, currently serving Arizona, California, Colorado, Florida, Iowa, Kansas, Missouri, Oregon, Texas, and Washington. At United Mortgage,
(913) 317-1000 Lender's profile and map Reviews Homestead Financial Mortgage 8585 College Blvd, Suite 110, Overland Park, KS, 66210 "With 20 years experience, Homestead is a unique company. A delegated mortgage banker in that it has 3 business channels based on customer acquisition method, media, referral or hybrid. What makes us unique is our developmental approach to the loan officer’s career. We have had great success developing new loan officers"
(844) 782-2651 Lender's profile and map Reviews Poca Valley Bank 142 Main St, Poca, WV, 25159 The Poca Valley Bank is an independent, community bank which was founded beside the Pocatalico River in Walton in 1908. We opened our first branch office in 1987 in Clendenin, Kanawha County. In the 1990s, two more Kanawha County branches were built in Elkview (1990) and Sissonville (1997).
(870) 598-3802 Lender's profile and map Reviews Piggott State Bank 212 West Cherry Street, Piggott, AR, 72454 1930 Piggott State Bank opened its banking doors. Since that humble beginning, our bank has grown with the community and our many loyal banking customers.Piggott State Bank is the only bank chartered in Clay County and your banking decisions are made by local bankers We are dedicated to remaining home-owned and home-operated and proud of our strong
(507) 532-2426 Lender's profile and map Reviews First Independent Bank 105 South Market Street, Marshall, MN, 56258 First Independent Bank provides personal care for each customer while having the expertise and resources of a large bank. With broad experience and the ability to work with more types of financing solutions than many competitors, First Independent Bank is a collaborative group of advocates for businesses and families in Minnesota.
(888) 544-5626 Lender's profile and map Reviews Affinity Mortgage LLC 8725 Rosehill Road, Suite 109, Lenexa, KS, 66215 Affinity Mortgage provides borrowers from across America with some of the best VA, FHA, Conventional and Jumbo mortgages anywhere. And our staff of friendly and dedicated mortgage professionals are ready to make your home purchase or refinance a seamless transaction.We our known for our great Conventional, VA, FHA, USDA and more
(913) 956-7325 Lender's profile and map Reviews Peak Asset Lending 11289 Strang Line Rd, Lenexa, KS, 66215 Peak Asset Lending is a direct private money lender for residential properties in 25 states across The USA. With over $150 million in loans closed since our inception, we strive to provide our clients with swift and efficient funding for their real estate needs. Our loan types include purchase, refinance, cash out, fix and flip
(402) 571-8444 Lender's profile and map Reviews Heartland Area Federal Credit Union 6111 N 72 Street, Omaha, NE, 68134 Heartland Area Federal Credit Union has been open since 1954. The credit union has assets totaling $22.35 Million and provides banking services to more than 1, 000 members. The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
(402) 492-9100 Lender's profile and map Reviews First Nebraska Credit Union 10655 Bedford Avenue, Omaha, NE, 68134 First Nebraska Credit Union is a member-owned, not-for-profit financial cooperative. We offer many of the same services you find at other financial institutions, however we are motivated by service rather than profit. Our focus is “People Helping People” and our goal is to strengthen the financial well-being of our members.
(320) 264-2161 Lender's profile and map Reviews Financial Security Bank 1011 Atlantic Ave, Kerkhoven, MN, 56252 When the bank opened in 1884, the founders had a clear vision: safeguarding people’s money so they could realize their dreams, & contributing to the community, making it a great place to live and work. In 1951, Russell Bauman joined the State Bank of Kerkhoven. He purchased the bank in 1976 & carried the vision forward with unwavering dedication.
(712) 546-4175 Lender's profile and map Reviews Prime bank 37 1st Ave NW, Le Mars, IA, 51031 Primebank has been an integral part of the growth and development of the communities it serves. In 1891, the bank was founded with the name German State Bank. Security Bank, founded in 1889, was sold to German State Bank that same year. While still the same banking institution, our bank has changed its name several times.
(304) 455-6719 Lender's profile and map Reviews Natrium Efcu 15710 Energy Road, Proctor, WV, 26055 Natrium Employees Federal Credit Union has been open since 1984. The credit union has assets totaling $11.42 Million and provides banking services to more than 800 members as of March 2022. The credit union is a chemicals manufacturing credit union. Membership is also open to immediate family of current members.