In 2025, the USDA loan ceiling for Mount-Prospect, located in Cook county, IL, is $0. Meanwhile, for a single-family home, the FHA limit is $379,500.
Utilize the Lendersa® USDA loan calculator to compare today's leading USDA and FHA rates. Identify the necessary income, credit, reserves, and required documents to qualify. Our advanced mortgage calculator allows you to see options like USDA, FHA, Conforming, and VA side by side, aiding you in determining which program in Alabama best suits your financial circumstances.
Compare loan offers from 100 lenders
| Loan Type | Loan Limit | Down Payment |
| USDA | $0 | 0% |
| FHA | $379,500 | 3.5% |
| Conventional Conforming | $548,250 | 3% |
At Lendersa®, the aim is to ensure you swiftly obtain the optimal USDA or FHA loan without hassle. Choose one of three starting approaches that lead to matched lenders and USDA loan offerings.
The USDA home loan is backed by the Department of Agriculture, also known as a USDA Rural Development Loan or USDA Mortgage, and is available only in rural areas. Unlike FHA loans necessitating at least a 3.5% down payment, USDA loans require no down payment.
Enter your location to find out if it qualifies for USDA rural housing loan?
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