USDA and FHA Pro and Con in Morton-Grove, Cook County, IL

In 2025, the USDA loan limit in Morton-Grove, located in Cook County, IL, is fixed at $0, while the FHA limit for a single-family home is $379,500.

Leverage the Lendersa® USDA loan calculator to evaluate today's top USDA vs. FHA rates. Determine the required income, credit, reserves, and necessary documents for eligibility. Our advanced mortgage calculator offers a side-by-side comparison of USDA, FHA, Conforming, and VA loans to help you choose the program that best fits your financial needs in .

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2025 Loan Limits and Down Payment Requirements in Morton-Grove, Cook, IL

Loan Type Loan Limit Down Payment
USDA $0 0%
FHA $379,500 3.5%
Conventional Conforming $548,250 3%

Discover USDA and FHA Loan Options in Morton-Grove, IL

Lendersa® aims to quickly secure the best USDA or FHA loans for you, without any hassle. Choose one of three starting points that result in matching lenders and USDA loan programs.

Lendersa USDA loan request and matching outcomes

What Defines a USDA Loan in IL?

A USDA home loan, endorsed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, is designed for rural areas. Unlike FHA loans that require a down payment of at least 3.5%, USDA mortgages require none.

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



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