USDA Vs. FHA Pro and Con 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.
At Pennsylvania-American Water Federal Credit Union. We offer numerous services for all your financial needs. A warm welcome is extended to all our prospective new members. Hopefully we can provide a pleasant & profitable place for you & your family to save & borrow money. We are a Federally insured credit union originally chartered in 1974.
We take pride in offering the best rates, low fees and personal service. We are dedicated to serving the needs of our customers each and every day.
Solar Financial has been in business since 2004 and currently holds an A+ rating with the Better Business Bureau. We have over 100 years of loan and banking experience among our senior loan officer
Antler Home Mortgage, LLC. was formed to offer borrowers a high-quality low-cost mortgage experience. AHM has partnered with the best mortgage lenders in the industry to provide a smooth transaction at a below market interest rate. So regardless of your scenario, choose a professional from Antler Home Mortgage to be on your side.
The Butler County Teachers Federal Credit Union is a non-profit, member-owned credit union that offers savings and loan options to employees of the schools in Butler County and their family members. We are currently located in the old tax office in the Butler Administration Building.
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. Here at Keystone Home Mortgage we strive to make the home-buying process as pain free and informative as possible.
The company name and lighthouse icon were chosen to reassure Serenity Mortgage customers that this can be a peaceful process, and you don’t have to be in it alone. The way the lighthouse is used to guide and direct the mariner out at sea, is the same philosophy John uses in the mortgage business.
HTS Mortgage Company is a mortgage company based in Pennsylvania. We work with various types of loans, such as construction loans, home equity loans, home purchase, home loans, construction as well as commercial lending. We are a company that offers excellence in customer relations and we work to make sure that our clients are fully satisfied.
We're the best in our field, and it's all thanks to the incredible relationships we've formed with our clients. Unlike our competitors, we're invested in developing a personal connection with each and every one of our customers, by providing quality service and being available to you 24/7.
