USDA Vs. FHA your options comparison in Momence, Kankakee County, IL
For 2025 in Momence, part of Kankakee county, IL, the USDA loan limit is $336,500, while the FHA cap for a single-family home is $472,030.
Take advantage of the Lendersa® USDA loan calculator to evaluate today's top USDA against FHA rates. Determine the income, credit, reserves, and required documents to qualify. Our advanced mortgage calculator lets you compare USDA, FHA, Conforming, and VA options side by side, helping you decide on the best program in for your financial needs.
2025 Loan Limits and Down Payment Requirements in Momence, Kankakee County, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Options in Momence, IL
Lendersa® is committed to swiftly securing the best USDA or FHA loan for you without hassle. Choose one of three starting points to connect with matching lenders and USDA programs.
A USDA home loan, guaranteed by the U.S. Department of Agriculture and also called a USDA rural development loan or USDA mortgage, is available only in rural areas. FHA loans require a minimum 3.5% down payment, whereas USDA loans have no down payment requirement.
On April 4, 1900 The Comptroller of the Currency authorized The City National Bank of Colorado City to “commence the business of banking”. Many things have changed in the last 120 years but our basic principles remain.
Originally chartered as “The City National Bank of Colorado” (before the city was renamed to “Colorado City”)
The experienced team at Gain Equity Mortgage has over 50 years of mortgage experience combined. We are here to help, advise and do everything to get you into your dream home. Everyone is looked at to achieve their dream, some are ready today tomorrow or next year.The team helps you to own your home and become financially successful.
Cosden Employees FCU first charter was in Fort Worth, Texas in 1936. The first charter was a credit union to serve the employees and families of employees of the Cosden Refinery in Big Spring, Texas. A few years after starting in Fort Worth Cosden Employees Credit Union moved to Big Spring to improve service to the employees of the refinery.
Webb Air Force Base Federal Credit Union was chartered to serve the employees and the family members of Webb Air Force Base here in Big Spring, Texas. After the base closed, our charter was converted into a community credit union. It was at that time, in 1978, that we changed our name to Citizens Federal Credit Union.
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People often say the only constant in life is change. But as a member of Changing Seasons Federal Credit Union, you’ve got another constant: us. We’re here to help you embrace whatever life brings your way, with the financial products you need, the ease of access and mobile technology you want, and the personal service you deserve.
