USDA VS FHA in Montgomery, Kane County, IL

In 2025, the USDA loan limit for Montgomery in Kane, IL, is $336,500, whereas for a single-family home, the FHA cap is $472,030.

The Lendersa® USDA loan calculator can help compare the best rates for USDA and FHA today, determining income, credit, reserves, and documentation required for qualification. Our advanced mortgage calculator juxtaposes USDA, FHA, Conforming, and VA loans to help decide the most appropriate program for your financial situation in Alabama.

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2025 Loan Limits and Down Payment Needs in Montgomery, Kane, IL

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA & FHA Loan Opportunities in Montgomery, IL

Lendersa® aims to swiftly connect you with the best USDA or FHA loan options with no hassle. Choose from three beginning routes to locate matching lenders and explore USDA loan programs.

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Defining the USDA Loan in IL

A USDA home loan is guaranteed by the Department of Agriculture, also known as a USDA rural development loan or mortgage, and is exclusive to rural areas. In contrast to FHA loans needing a minimum 3.5% down payment, USDA loans require none.

Enter your location to find out if it qualifies for USDA rural housing loan?



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