USDA VS FHA in Mundelein, Lake County, IL

In 2025, the USDA loan ceiling in Mundelein, nestled within Lake county, IL, is $0. For a single-family residence, the FHA threshold is established at $472,030.

Utilize the Lendersa® USDA loan calculator to evaluate and contrast the current top USDA and FHA rates, examining the essential income, credit score, reserves, and documentation required for approval. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA programs side-by-side, empowering you to select the most suitable financial solution in .

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Loan Limits and Down Payment Needs for 2025 in Mundelein, Lake, IL

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

Available USDA and FHA Loan Features in Mundelein, IL

The objective for Lendersa® is to connect you quickly and effortlessly to the best USDA or FHA loan offerings. Choose from one of the three initial routes to match with lenders that can provide USDA loan options.

Lendersa USDA loan request and matching results

Clarifying the USDA Loan Concept in IL

A USDA home loan, also known as a USDA rural development loan or USDA mortgage, is a government-backed loan by the Department of Agriculture, exclusive to rural locales. Contrasted with FHA loans, which require a minimum down payment of 3.5%, the USDA mortgage eliminates down payment requirements, presenting a unique offering.

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



  • Home State Bank
  • 40 Grant Street, Crystal Lake, IL, 60014
  • You have arrived at our front door to convenience, opportunity and trust. We greet you with the right products and useful tools capable of fulfilling your unique needs. Most importantly, you'll find that our good-natured, hometown mortgage professionals make the difference. We are committed to getting you the most from your mortgage plan.
  • Mortgage Capital Group Inc
  • 64 East Crystal Lake Avenue, Crystal Lake, IL, 60014
  • At Mortgage Capital Group, Inc., our approach to business is simple; it is relationship-based versus transaction based. It revolves around client satisfaction. An exceptional level of service is provided by seasoned mortgage consultants who are making long-term business decisions for their clients.
  • APLOS MORTGAGE INC
  • 282 Memorial Court, Unit C, Crystal Lake, IL, 60014
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan..
  • State Bank of the Lakes, National Association
  • 440 Lake St., Antioch, IL, 60002
  • State Bank of The Lakes offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts.
  • Great Lakes Credit Union
  • 3290 N. Lewis Ave, Waukegan, IL, 60087
  • Great Lakes Credit union is banking for better. Founded in Lake County, Ill. in 1938, GLCU began with one goal in mind: Enable civil servants to create their ideal future by borrowing and saving at competitive rates. At the time, no financial institution existed in the area, leaving local workers without an option to safely.
  • Comfy Loans LLC
  • 200 W Higgins Rd, Schaumburg, IL, 60195
  • Comfy Loans LLC is is privately owned and licensed as a residential mortgage broker in 2 states - Florida & Illinois. Unlike banks and giant online lenders, Comfy Loans LLC specialize exclusively in home loans. We can find the best loan for your situation. And because we have access to wholesale rates, we’ll pass those savings along to you.
  • Perfect Alliance Capital
  • 2815 Forbs Ave, Suite 107, Hoffman Estates, IL, 60192
  • Perfect Alliance Capital The world of commercial finance offers company decision makers a wide range of targeted solutions intended to support every type of business operation. Determining which of these many business loans and other financing solutions is the right fit for any situation requires insight, industry experience, and knowledge of each
  • Acclaim Mortgage Corp.
  • 2815 Forbs Ave, Suite 107-59, Hoffman Estates, IL, 60192
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • Mortgage Buyers
  • 2505 St. Stephens Green, Northbrook, IL, 60062
  • Jerry D. Remien is the President and CEO of Mortgage Buyers, Inc. and personally handles all of his clients. This personal approach ensures that the client’s unique circumstances get a unique set of solutions. This “hands-on” approach is what makes our company different from the others. Mr. Remien has been in the business for over 25 years and beli
  • Northbrook Bank & Trust Company, National Association
  • 1100 Waukegan Rd, Northbrook, IL, 60062
  • We're your local Wintrust Community Bank. As part of the larger Wintrust Community Bank family, we were built in this area, for this area. We work hard to be an asset to the people and communities we serve: to get to know you and your needs in order to offer the best banking products and even better service.
  • CenTrust Bank, National Association
  • 385 Waukegan Road, Northbrook, IL, 60062
  • Centrust Bank provides primarily commercial banking services. Its commercial banking products include commercial and industrial loans, as well as commercial real estate, construction and multi-family loans. Additionally, it originates loans through the Small Business Administration related to business acquisitions and commercial real estate loans.