USDA and FHA Pro and Con in Northfield, Cook County, IL
In 2025, the USDA loan cap for Northfield, located in Cook county, IL, stands at $0. Meanwhile, for a single-family residence, the FHA limit is set at $472,030.
Employ the Lendersa® USDA loan calculator tool to evaluate the best current rates between USDA and FHA. It assists in identifying the essential income, credit, reserves, and documentation required for eligibility. With our sophisticated mortgage calculator, you can view USDA, FHA, Conforming, and VA options side by side, aiding in selecting the most suitable program in for your specific financial needs.
Loan limits and down payment requirements for 2025 in Northfield, Cook county, IL
Loan Type
Loan Limit
Down payment
USDA
$0
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Options for USDA and FHA loans in Northfield, IL
The objective of Lendersa® is to secure you a top-notch USDA or FHA loan promptly and simply. Choose from three initial pathways that connect you to appropriate lenders and USDA loan offerings.
A USDA home loan, endorsed by the government Department of Agriculture known as a USDA rural development loan or USDA mortgage, is exclusively available for rural areas. Unlike FHA loans, which demand at least a 3.5% down payment, the USDA mortgage requires no down payment.
First Choice FCU was originally chartered in 1952. At the time we were known as the B&O New Castle Employees Federal Credit Union and were the primary credit union of the Baltimore – Ohio Railroad, the current CSX Corporation. We have also always offered full family membership. Any family member of an existing member is eligible to join.
It has been a pleasure to serve our members for over 50 years! Since 1951, we have grown not only in membership, but also in services, enabling usto be your primary financial institution. Family 1st is a financial cooperative owned and operated by its members, that will assist the members to meet their financial needs.
I'm Alie Bard and I'd like to thank you for your interest & take this opportunity to tell you a little about myself. I have been in the mortgage industry since early 2009, so you can trust that I have the knowledge & skills necessary to understand complex mortgage rules & regulations, providing you with the perfect loan for your personal needs.
Multi-Schools Federal Credit Union is dedicated to being faithful to its members. Its mission is to provide financial support and guidance following the "People-not-Profit" philosophy. At the Credit Union we endlessly strive to offer our members a wide range of quality products & services, mixed with the individual attention that everyone deserves.
Putnam School Employees Federal Credit Union, charter number 21107, was founded November 9, 1972. It was chartered to serve the employees of Putnam County Board of Education. At Conception it was operated out of the home of founding members Mr. and Mrs. Raymond Peak. Following there, space was donated by the Putnam County Board
Kearney Trust Company commit to consistently strive to uphold integrity, trust and exemplary service. We promise to engage in a continuous pursuit in the creation of an atmosphere in which the company can prosper and profit while serving the needs of the community and customers. Our first location was on the southwest corner of Washington.
At Falcon National Bank we build long lasting Relationships with our customers, our communities, and our colleagues. With the highest level of Integrity, we provide trusted Solutions and exceptional Service to deliver the very best banking experience. We pride ourselves on our fast and reliable Execution.
In 1943, people in the Hermantown community came together to create a credit union to give themselves & their neighbors a trusted, local financial solution. We proudly served members of the Duluth Homestead Association & patrons of the Hermantown Community Store. We provide financial education and banking solutions to help people understand.
Share Advantage Credit Union serves all your banking and financial needs from a Youth Savings & Checking accounts to Traditional & Roth IRAs. As a bedrock business of the Northland ourselves, we welcome business accounts. We have FREE personal Checking accounts. Youth Savings and FREE 15+ Youth Checking accounts are happily welcome.
