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

In 2026, 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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2026 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?



Morton-Grove Lenders

  • DuPage Credit Union
  • 790 Royal St George Drive, Naperville, IL, 60053
  • Lends in Illinois
  • We're more than just a bank. In 1956, a group of educators at Wheaton Community High School founded the future DuPage Credit Union. Now over 60 years later, the Credit Union continues to be inspired by our members to deliver a memorable banking experience, to help you with life's events, big and small.

  • Partnership Financial Credit Union
  • 5940 Lincoln Avenue, Morton Grove, IL, 60053
  • Lends in Illinois
  • Partnership Financial Credit Union (PFCU) is a member-owned financial institution serving more than 15,000 members. We remain dedicated to maintaining close, personable relationships with our members while delivering the best possible products and services. We strive to offer the most competitive products

  • Northwest Community Credit Union
  • 8930 Waukegan Road, Suite 100, Morton Grove, IL, 60053
  • Lends in Illinois
  • Northwest Community Credit Union was first organized in 1939 by the members of a church on the northwest side of Chicago. It has since grown into a reliable, trustworthy cooperative with a full breadth of financial services. Our members come from seven towns, thirty parishes and numerous employee groups to work with a partner they trust.

  • John Gurhy Mortgages
  • 7788 N Milwaukee Ave, Niles, IL, 60714
  • Lends in Illinois
  • The Irish money man, LLC can arrange loans on Commercial Properties up to 50 units and up to 4 units for Non Resident buyers. All conventional, FHA and VA loans originated and closed through C and R Mortgage 7788 North Milwaukee Avenue Niles Illinois 60714. NMLS no 227317 with John Gurhy as loan officer NMLS No 1104206.

  • Mortgage Square Inc
  • 8047 North Milwaukee Avenue, Niles, IL, 60714
  • Lends in Illinois
  • Our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today.

  • C & R Mortgage Corporation
  • 7788 North Milwaukee Avenue, Niles, IL, 60714
  • Lends in Illinois
  • C&R Mortgage Corporation Team is your premier reverse mortgage team located in Cape Coral, Florida. Also, licensed in Illinois, Indiana, Wisconsin, Michigan, Colorado, California and Tennessee. The experienced team members here are committed to quality customer service and putting the needs.

  • First Commercial Funding
  • 1420 Renaissance Dr, Suite 310, Park Ridge, IL, 60068
  • Lends in Illinois
  • First Commercial Funding Corp.is a group of commercial funding consultants withover 50 years of combined commercial lending experience.Over the last 30 years, we have experienced firsthandall the ups and downs of the commercialreal estate market and by association, the commercial lending market

  • Tim Perry Real Estate and Mortgages
  • 324 W. Touhy Ave, Park Ridge, IL, 60068
  • Lends in Illinois
  • Tim Perry has a unique perspective as a “one-stop shop” for both realty and loans. More importantly, he prides himself in understanding each individual situation to ensure that his clients get the expertise they need. These qualities have helped close over 10, 000 mortgages since 1993.

  • GRU Financial Corporation
  • 1410 Higgins Road, Suite 103, Park Ridge, IL, 60068
  • Lends in Illinois
  • At GRU Financial we provide various types of financing for individuals and businesses. Our expertise and partnerships with national lenders guarantee complete satisfaction of your financial needs. We will provide you with free credit and income analysis, and advise you how to prepare for the purchase.