USDA Loan Vs. FHA loan for Marengo, IL [McHenry County Rates 2023]

In 2025, USDA loan limit in Marengo, county of McHenry, IL is $336,500 while FHA limit is $472,030 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.

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USDA and FHA loan options in Marengo, 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.

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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.

(904) 382-9746 246 miles Lender's profile and map Reviews Affordable Mortgage Partners PC 7461 Steeplechase Dr., Saline, MI, 48176 Our journey began late in 2012, with the principles of honesty, integrity, and transparency cemented in our company mission. Our client focused approach allows our team to provide tailored financing solutions to your unique situation. We remain highly competitive in the marketplace by offering our clients guaranteed rates at wholesale pricing.
(618) 254-0605 246 miles Lender's profile and map Reviews Midwest Members Credit Union 101 Wesley Drive, Wood River, IL, 62095 Midwest Members Credit Union has been serving our membership since 1935. . With our recent expansion, now people in 10 Illinois Counties are eligible for the benefits of being a member of Midwest Members Credit Union. Great savings and loan rates, most recent banking technology, mobile and online banking, and service to our communities
(618) 395-8541 246 miles Lender's profile and map Reviews First National Bank in Olney 101 E. Main St., Olney, IL, 62450 The First National Bank in Olney is an independent, locally owned and managed provider of financial services that is dedicated to serving Richland, Clay, Crawford and Jasper Counties with quality products and services designed to maintain a profitable relationship with its customer base, and to support our role in attracting.
(618) 899-7792 246 miles Lender's profile and map Reviews MBN Services Corp, Inc 1901 Sarah Dr, Olney, IL, 62450 With hundreds of mortgage branch and loan officer employment opportunities out there, making a choice on who to sign up with is not an easy task! MBN SERVICES CORP, Inc is here to help save you time, energy and money trying to find the best mortgage branch and/or loan officer employment opportunity that will fit YOUR needs at NO COST to you!
(812) 323-3008 247 miles Lender's profile and map Reviews Indiana Mortgage Company Inc 3900 South Walnut Street, Suite C, Bloomington, IN, 47401 Indiana Mortgage Company Inc, mission is to set a high standard in the mortgage industry.We are committed to quality customer service-putting the people we serve first.Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you & your family from the many mortgage options available.
(906) 774-6020 247 miles Lender's profile and map Reviews Iron Mountain-Kingsford Community Federal Credit Union 400 South Carpenter Avenue, Kingsford, MI, 49802 The Iron-Mountain Kingsford Community Federal Credit Union has been serving the Iron Mountain-Kingsford area for over 70 years. We are member-owned and a not-for-profit financial institution located in Kingsford, MI. We started in 1948 as the Ford Iron Mountain Employees Federal Credit Union
(989) 791-7070 247 miles Lender's profile and map Reviews Health Advantage Credit Union 4550 State St, Saginaw, MI, 48603 Health Advantage Credit Union offers a wide range of financial services to employees, independent contractors or self-employed persons who regularly work in Healthcare Industry in the State of Michigan.Also, spouses of persons who have died while within the Healthcare Industry; employees of the credit union; retirees from the healthcare industry.
(989) 799-8744 247 miles Lender's profile and map Reviews Jolt Credit Union 6180 State St., Saginaw, MI, 48603 Formerly Catholic Federal Credit Union, as Jolt Credit Union our commitment to this community, our members & our values is a reflection of all that has come before.Originally chartered in 1956 to serve parishioners of St. Mary's Cathedral Federal Credit Union in Saginaw, Mi, Jolt Credit Union continues to be bolstered by our longstanding philosophy
(515) 899-2121 247 miles Lender's profile and map Reviews Security State Bank 207 Isabella Street, Radcliffe, IA, 50230 Security State Bank (SSB) is one of the oldest banks in Iowa. On July 1, 1884 the Bank of Radcliffe was the 1st Bank to be established in Radcliffe, Iowa. In 1914, the bank was incorporated & the name was changed to Security State Bank. We are proud to be celebrating over 135 years of community service to the Hardin, Hamilton, & Story County areas.
(618) 662-2177 247 miles Lender's profile and map Reviews Flora Savings Bank 128 West Second Street, Flora, IL, 62839 Our Banking Team understands the value that local ownership brings to the community. We support community organizations, partner with projects, and remain sensitive to community needs. At Flora Savings Bank, you will receive the "personal touch" that is missing in many financial institutions.
(618) 662-4441 247 miles Lender's profile and map Reviews Flora Bank and Trust 1478 N. Worthey St, Flora, IL, 62839 In 1977, a group of area business people noticed that Flora, Illinois had limited choices when it came to financial institutions. These business leaders from Flora and the surrounding communities came together and, on January 19, 1978, Flora Bank & Trust opened for business in a temporary banking facility located at 1010 West North Avenue in Flora.