USDA Vs. FHA your options comparison in Minooka, Grundy County, IL
In 2024, USDA loan limit in Minooka, county of Grundy, 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.
2024 loan limits and downpayment requirments in Minooka, county of 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 options in Minooka, 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.
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?
501 Sixth Street, Suite 2E|2F, Brooklyn, NY, 11215
The Credit Union was established in 1967 by eight employees who represented the Personnel Committee of the Methodist Hospital. At its first Annual Meeting, it was stated that the credit union would be a safe and sound alternative to the banking community, to allow employees and their families to save and to borrow with confidentiality.
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2701 N. Dallas Parkway, Suite 180, Plano, TX, 75093
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2805 N Dallas Parkway, Suite 120, Plano, TX, 75093
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We have been in the mortgage industry for over 10 years & with our expertise and we are sure we can find you what you need. Thank you for visiting Spragins Mortgage Grou
