USDA Vs. FHA your options comparison in Long-Lake, Lake County, IL

In 2025, USDA loan limit in Long-Lake, county of Lake, IL is $0 while FHA limit is $379,500 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

2025 loan limits and downpayment requirments in Long-Lake, county of 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 options in Long-Lake, 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?



  • Riverways Federal Credit Union
  • 1012 Forum Drive, Rolla, MO, 65401
  • Riverways Federal Credit Union, you’ll have access to all the same services you would use at other financial institutions. The difference is that at Riverways Federal Credit Union, you’ll get a better deal, and you’ll receive better service and also We enjoy helping our members grow financially and work towards their long term goals.
  • Citizens Bank of the Midwest
  • 1515 Martin Springs Drive, Rolla, MO, 65401
  • Citizens Bank of the Midwest is a locally owned bank that is dedicated to building the communities we call home. We are committed to providing the best personalized service for all your financial needs. Stop by any of our three convenient locations and speak to our knowledgeable staff to start banking with us today.
  • Mortgage Store, LLC
  • 11130 Twitty Drive, Suite 120, Rolla, MO, 65401
  • "We are here to serve you by answering your questions and assisting you in a friendly, courteous manner as you navigate through the mortgage loan process. We understand that you have many mortgage consultant options and are prepared to earn your long term trust. We are confident that you will quickly see how commited"
  • The First National Bank of Fairfax
  • 16 SE 1st Street, Fairfax, MN, 55332
  • The First National Bank of Fairfax, Minnesota is a small independent community bank that is locally owned and locally managed with one office. Founded in 1910, it is located in a rural community with a population of about 1, 300 situated at the crossroads of Minnesota State Highways 4 and 19 in Renville County in Southwestern Minnesota.
  • Homewise Mortgage, LLC
  • 9096 140th St NW, South Haven, MN, 55382
  • Greg has been in the mortgage industry for over 21 years. In that time he has helped hundreds of individuals to meet their goal of either purchasing a new home, refinancing an existing mortgage to save money, or consolidate their debts, enabling them to become debt free at a much faster pace.
  • CenBank
  • 109 West Yellowstone Trail, Buffalo Lake, MN, 55314
  • CenBank strives on being a community based bank where the customer is not just a number. The staff at CenBank values the time spent with customers to build relationships and work towards their financial success. CenBank offers a variety of deposit and business accounts as well as lending options to fit your financial needs.
  • Peoples Community Bank
  • 200 E 2nd Street, Annapolis, MO, 63620
  • Since 1977, Peoples Community Bank has served the communities of southern Missouri. For more than 40 years, we’ve helped families build homes, businesses achieve success, and farmers finance growth. By staying true to our mission and our values, we have built the knowledge and trust needed for continued success.
  • Independent Farmers Bank
  • 201 W Main Street, Maysville, MO, 64469
  • Independent Farmers Bank is a locally owned Community Bank located in Maysville, Missouri, with branches in King City and Stewartsville, Missouri. We've been serving our surrounding communities since 1894. Our knowledgeable staff is here for you in every season with secure, local service.
  • DoverPhila Federal Credit Union
  • 129 Fillmore Avenue, Dover, OH, 44622
  • DoverPhila Federal Credit Union was established as a financial cooperative and is controlled by its members. We exist for the financial benefit of our members and to provide a level of service that meets our members’ financial needs. Low cost auto loans, higher interest rates on certificates of deposit (CDs) and a vast array of products.
  • First Federal Community Bank, National Association
  • 141 W Ohio Ave, Dover, OH, 44622
  • First Federal Community Bank provides a full-range of financial products & services using the latest technology while maintaining our personal relationship with each customer. Our mission is to empower the financial well-being of our community one person at a time. Our team is comprised of local experts, committed to providing exceptional service.
  • Bank of Iberia
  • 841 East Hwy 42, Iberia, MO, 65486
  • Community owned, community first in mind.” Bank of Iberia has been in business since 1899. We are a locally owned and community-minded, full-service bank. The Tritten family is proud to have served our communities for three generations. Let our experienced and friendly staff be the ones you can count on.