USDA VS FHA in Momence, Kankakee County, IL

In 2025, USDA loan limit in Momence, county of Kankakee, 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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2025 loan limits and downpayment requirments in Momence, county of 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 options in Momence, 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?



  • Sterling Title
  • 13442 Canal Road, Sterling Heights, MI, 48313
  • Sterling Title Company is a full service, Michigan based title agency that puts our customers’ needs first. Our goal is to make your real estate transaction as simple and stress-free as possible. With 5 locations throughout Macomb, Oakland and St. Clair counties, Sterling Title is ready to serve our valued Michigan customers.
  • Honor Bank
  • 2254 Henry St, Honor, MI, 49640
  • Honor Bank isn’t the biggest bank in Traverse City & we like it that way. It means our bank accounts, mortgages, business loans & more are shaped by you. It means that since 1917, we’ve grown with the region, offering products like debit-card cash back & ATM refunds. The principles of our Honor Code are not open to negotiation.
  • Dante Rosa Home Loans LLC
  • 8155 Annsbury Drive, Suite 102, Shelby Township, MI, 48316
  • For over 25 years, we have been helping families across Michigan achieve their dream of home ownership We specialize in a variety of home loans, including Conventional, FHA, more loan products.Dante Rosa Home Loans, LLC is here for your home loan and mortgage needs, whether it be purchasing the home of your dreams.
  • James Turner Mortgage LLC
  • 52164 Belle Vernon, Shelby Township, MI, 48316
  • 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.
  • Sound Home Mortgage Inc
  • 6441 Thorneycroft Drive, Shelby Township, MI, 48316
  • Our mission is to provide every home buyer with competitively priced residential mortgage financing. As a mortgage industry leader, we are committed to customizing your home loan so you and your family can enjoy the personal benefits of homeownership. As a responsible lending leader.
  • Capital Lending, Inc.
  • 7875 24 Mile Road, Suite 200, Shelby Twp, MI, 48316
  • Capital Lending Inc is a state wide mortgage lender. Loan closing agents that cover every city in City and County. Keep in mind, we offer the lowest mortgage interest rates available. Low closing costs if you have Excellent credit or even if you are a first time home buyer. We are always available to help.
  • Morrow County Federal Credit Union
  • 800 W Marion Road, Mount Gilead, OH, 43338
  • The Morrow County Federal Credit Union was opened over 40 years ago and is community-owned. Any Person living, working, or worshipping in the credit union’s geographic area can become a member and access banking services. Membership is also open to immediate family of current members.
  • First Ohio Home Finance, Inc.
  • 385 County Line Rd W, Suite 200, Westerville, OH, 43082
  • Since opening its doors in 1996, First Ohio Home Finance, Inc. has established a solid reputation in the banking industry. As a local company, we’re committed to serving the needs of our local customers. That service has earned us an A+ rating with the Better Business Bureau, in addition to other industry awards.