USDA and FHA Pro and Con in Midlothian, Cook County, IL

In 2024, USDA loan limit in Midlothian, county of Cook, IL is $0 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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2024 loan limits and downpayment requirments in Midlothian, county of Cook, IL

Loan Type Loan Limit Down payment
USDA $0 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Midlothian, 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?



  • Pierre Hill
  • 175 New Britain Ave, Plainville, CT, 06062
  • 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 are confident that you will quickly see how committed we are to making sure you select the right loan option for your specific situation.
  • Mortgage Assistance Company LLC
  • 175 New Britain Avenue, Plainville, CT, 06062
  • 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.
  • Eagle Mortgage, LLC
  • 1370 Fairlakes Pointe Drive, Rockwall, TX, 75087
  • 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.
  • Heritage Funding
  • 103 N Goliad, Suite 108, Rockwall, TX, 75087
  • Heritage Funding Co LLC is located in Rockwall, Texas, and was founded in 2001. This business is working in the following industry: Loan companies. Annual sales for Heritage Funding Co Our Reach Is Big As Texas! Anywhere In The Lone Star State - We Can Help and also Charles Michael Kamps, President/Director
  • Mortgage Resoruce Of Texas
  • 311 E I-30, Suite 103, Rockwall, TX, 75087
  • Mortgage Resources of Texas 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 straightforward by offering
  • First National Bank of GA
  • 819 E Shotwell St, Bainbridge, GA, 39819
  • First National Bank is a full-service, independent and locally owned bank. First National Bank of Decatur County was organized in 2004 by a group of local businessmen and community leaders who share a personal stake in the future of our community. The founders of First National Bank wanted something better for the place they called home.
  • Security First Bank of North Dakota
  • 700 Ash Avenue, New Salem, ND, 58563
  • Security First Bank of North Dakota is a locally operated, family owned community bank. We have four main banking offices, which are located in Center, New Salem, Mandan and Bismarck. We also have a part time office in Almont. Security First Bank of North Dakota was founded by local, Morton County folks in New Salem.
  • Sure Fund Mortgage
  • 4433 Punjab Way, Suite 302, Frisco, TX, 75033
  • We are Sure Fund Mortgage and we are licensed to provide mortgage services for residential properties in Georgia and Texas. We have a team of mortgage experts to guide you through this major financial decision. We will treat you with the respect due a valued customer and give you the personal service you deserve.
  • Alliance Mortgage Group
  • 2770 Main St, Suite 221, Frisco, TX, 75033
  • Alliance Mortgage Group we are here to help you navigate the many different home loan options that are available. Those options include conventional home loans, FHA loans for those looking to purchase a home with little money down or less than stellar credit, VA loans for military personnel, and Jumbo or Super Jumbo loans
  • MORTGAGE PARTNERS OF TEXAS
  • 2770 Main Street, Suite 283, Frisco, TX, 75033
  • Texas Mortgage Partners, LLC is a Mortgage Broker specializing in Conventional, FHA/VA & Jumbo loans throughout Texas. We understand the “city” property as well as the “rural” property. We can also assist in lot loans, construction loans, farm/ranch loans & commercial real estate loans.