USDA Loan Vs. FHA loan pro & con for Montgomery, Kane County, IL

In 2024, USDA loan limit in Montgomery, county of Kane, 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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USDA and FHA loan options in Montgomery, 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.

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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.

(845) 677-5321 https://www.bankofmillbrook.com/ 756 miles Lender's profile and map Reviews Bank of Millbrook 3263 Franklin Ave., Millbrook, NY, 12545 Twenty years after its first business was founded, the Village of Millbrook needed a bank. The State of New York granted the Bank of Millbrook its charter on May 11, 1891, and seven days later we received our first customers on Franklin Avenue. Our first Board of Directors consisted of 15 prominent businessmen and residents of the community.
(914) 358-9300 https://www.fazeonefunding.com/ 756 miles Lender's profile and map Reviews Faze One Funding Limited Liability Company 10 Rutland Road, Scarsdale, NY, 10583 Faze One Funding, LLC is a Mortgage Broker offering automated tools, cutting-edge technology, and excellent customer service for originating forward and reverse loans. Faze One offers great rates and superb customer service. Faze One believes that You’re Always #1. We offer borrowers a wide variety of mortgage programs.
(914) 966-2489 https://gocityscape.com/ 756 miles Lender's profile and map Reviews CITYSCAPE MORTGAGE CORP. 700 WHITE PLAINS ROAD, SUITE 334, Scarsdale, NY, 10583 Cityscape Mortgage Corp. we understand that whether you are buying a home, refinancing your current mortgage, or pursuing a reverse mortgage you are entrusting us with your most significant financial decisions. Our mission is to make this process as effortless as possible for our clients, by providing the expert guidance they need.
(843) 546-8494 https://www.gkcu.org/ 756 miles Lender's profile and map Reviews Georgetown Kraft Credit Union 1379 N Fraser Street, Georgetown, SC, 29440 Georgetown Kraft Credit Union $143 million financial cooperative serving members with affordable financial products for everyday needs. Community-Chartered with membership open to anyone who lives, works or attends school in Georgetown & Williamsburg Counties. Branches in Georgetown.
(972) 733-9919 https://stonelakemortgage.com/ 756 miles Lender's profile and map Reviews Stone Lake Mortgage 1220 Coit Rd, Suite 107, Plano, TX, 75075 Stone Lake Mortgage make the decision easy. The reason is because at the top of our list is a commitment to simplifying the entire mortgage process with a warm and professional approach! Therefore, when working with Stone Lake Mortgage, not only will we treat you with the respect you deserve
(972) 673-4193 https://www.1bluesky.com/ 756 miles Lender's profile and map Reviews BLUESKY LENDING, LC 1255 W 15th, Suite 470, Plano, TX, 75075 BlueSky Lending, LC is a Mortgage Broker that has established relationships with over 30 Lenders to guarantee that we can provide the Best Rates, Fastest Closings and Lowest Closing Costs. We specialize in offering the largest choice of Loan Products to meet any clients Residential Loan needs.
(620) 384-7451 https://thevalleystatebank.com/ 756 miles Lender's profile and map Reviews The Valley State Bank 110 W Ave B, Syracuse, KS, 67878 Our History The Valley State Bank was chartered on July 5, 1905, when the Beaty family, who had extensive holdings in Kansas and neighboring Colorado, realized that a financial institution was needed in the area. John W. Beaty, of Richfield, R. E. Bray of Syracuse, and Dennis Foley were some of the original stockholders.
(620) 384-7441 https://www.fnb-windmill.com/ 756 miles Lender's profile and map Reviews First National Bank of Syracuse 11 N. Main, Syracuse, KS, 67878 First National Bank has been serving the communities of Southwest Kansas for over 100 years, with our main bank located in Syracuse, Kansas, a branch in Johnson, Kansas, and two branches in Garden City, Kansas. We strive to be the premier financial institution in the area and are committed to providing the best personal service,
(914) 400-3218 https://www.qmgllc.com/ 756 miles Lender's profile and map Reviews Quintessential Mortgage Group 399 Knollwood Road, Suite 320, White Plains, NY, 10603 Quintessential Mortgage Group,we believe in treating customers the way we would like to be treated. We educate, advise, & empower you with mortgage planning tools to help you make informed decisions.We know you need a lot of information before you decide which mortgage broker is right for you, & we’re prepared to give you the information you need.
(843) 280-0130 http://www.nfcmoney.com/ 756 miles Lender's profile and map Reviews National Finance Company 151 Pinnacle Place, Little River, SC, 29566 National Finance has been serving the Carolina’s for over 50 years, making hundreds of loans everyday. And now, with our on-line application, the cash you need is just a click away. Don’t hesitate, whether your credit is excellent or whether you have had past credit problems, all applications will be considered.