USDA and FHA Pro and Con in Manteno, Kankakee County, IL

As of 2025, the USDA loan limit for Manteno, situated in Kankakee county, IL, is set at $336,500. Meanwhile, the FHA limit for a single-family home stands at $472,030.

Employ the Lendersa® USDA loan calculator to evaluate and compare today's optimal USDA vs. FHA rates, discerning the required income, credit level, reserves, and documents for qualification. Our advanced mortgage calculator showcases USDA, FHA, Conforming, and VA loan comparisons side by side, aiding in determining the best program in to fit your financial situation.

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2025 Loan Limits & Downpayment Requirements in Manteno, Kankakee, 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 Choices in Manteno, IL

At Lendersa®, our goal is to provide you with the most beneficial USDA or FHA loan quickly and without any hassle. Choose one of three starting points to connect with matching lenders and appropriate USDA loan programs.

Lendersa USDA loan request matching results

Understanding USDA Loans in IL

A USDA home loan, secured by the Department of Agriculture, also known as a USDA rural development loan or mortgage, is available solely in rural neighborhoods. Unlike FHA loans requiring a 3.5% down payment, USDA loans require none.

Enter your location to find out if it qualifies for USDA rural housing loan?



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