USDA and FHA Pro and Con in Minooka, Grundy County, IL
For 2025, the USDA loan limit within Minooka, located in Grundy county of IL, is determined to be $336,500, while the FHA limit stands at $472,030 for a single-family dwelling. These limits underscore the distinctions in funding caps between different loan types, offering adaptability based on locale and property type.
Utilize the Lendersa® USDA loan calculator to compare the current USDA and FHA premium rates, and evaluate the necessary income, credit, financial reserves, and documentation essential for qualification. With our advanced mortgage calculator, you can view USDA, FHA, Conforming, and VA loans simultaneously to decide which program in best matches your specific financial circumstances.
2025 Loan Limits and Down Payment Requirements in Minooka, Grundy, 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 Alternatives in Minooka, IL
Lendersa® is dedicated to swiftly securing the ideal USDA or FHA loan for you, eliminating unnecessary complexity. Choose from one of our three introductory options that facilitate ideal lender matches and USDA loan programs tailored to your needs.
A USDA home loan, guaranteed by the U.S. Department of Agriculture—commonly referred to as the USDA rural development loan or USDA mortgage—is specifically available for rural areas. In contrast to FHA loans that require at least a 3.5% down payment, the USDA mortgage incurs no down payment, providing a significant financial advantage to eligible borrowers.
4001 West Devon Avenue, Suite 321, Chicago, IL, 60646
Smooth Mortgage is built upon 18 years of mortgage and finance excellence in Chicago and surrounding areas. We work hard to get you the lowest possible rate, beating banks and retail lenders. With Smooth, you have one point of contact who works with you all the way through from beginning to end. We only partner with the best lenders.
The Irish money man, LLC can arrange loans on Commercial Properties up to 50 units and up to 4 units for Non Resident buyers. All conventional, FHA and VA loans originated and closed through C and R Mortgage 7788 North Milwaukee Avenue Niles Illinois 60714. NMLS no 227317 with John Gurhy as loan officer NMLS No 1104206.
Our 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 and your family from the many mortgage options that are available today.
C&R Mortgage Corporation Team is your premier reverse mortgage team located in Cape Coral, Florida. Also, licensed in Illinois, Indiana, Wisconsin, Michigan, Colorado, California and Tennessee. The experienced team members here are committed to quality customer service and putting the needs.
MWRD Employees Credit Union has been open since 1953. The credit union has assets totaling $42.36 Million and provides banking services to more than 2,000 members.
The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
355 East Ohio Street, Suite 2010, Chicago, IL, 60611
Femme Capital Partners, LLC is a company by women, for women that understands the challenges that women and minorities face with discrimination for their marital status, familial status and ethnicity. The company will provide that value, paving the way to financial freedom and wealth creation.
211 East Ohio Street, Suite 510, Chicago, IL, 60611
Safe Rate is a full-service mortgage lender based in Chicago offering conventional loan products. We also offer our very own Safe Rate Mortgage for borrowers who have less than a 10% down-payment. We are outsiders, who have reimagined the mortgage industry to put the borrower first, and we hope that you'll join us in our mission.
Black Onyx Lending, LLC is a multifaceted business and finance company with specialists experienced in business lending, consulting, real estate and development, and construction and remodeling. At Black Onyx Lending Firm, LLC, we want to be the best in the world at creating outstanding opportunities for our clients. It is because of our profession
Bank of Pontiac opened its doors for business in 1947. Since then, we’ve been providing financial solutions for the people of Livingston County, Grundy County, Tazewell County, McLean County and their surrounding communities. We are a strong community bank offering a variety of financial services to both individuals and businesses.
