USDA Vs. FHA Pro and Con comparison in Oak-Lawn, Cook County, IL
In the year 2025, the USDA loan cap in Oak-Lawn within Cook county, IL, is set at $0. Comparatively, the loan limit for an FHA-backed single-family home is $379,500.
Utilize the Lendersa® USDA loan calculator to assess today's leading USDA and FHA rate options. Determine the income requirements, credit standing, reserves, and documentation needed to qualify. Our advanced mortgage calculator enables side-by-side comparisons of USDA, FHA, Conforming, and VA programs, aiding in selecting the best financial solution for your situation in Alabama.
2025 Loan Limits and Downpayment Requirements in Oak-Lawn, Cook county, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
Exploring USDA and FHA Loan Options in Oak-Lawn, IL
Lendersa® strives to quickly secure the finest USDA or FHA loan available to you, eliminating the hassle. Begin with one of three paths that lead to matched lenders and explore USDA loan plans.
A USDA mortgage, confirmed by the Department of Agriculture and also known as USDA Rural Development Loan or USDA Mortgage, is exclusively accessible in rural areas. Unlike FHA loans, which require a down payment of at least 3.5%, USDA loans require no down payment at all.
Next-Financing is based in Scottsdale, Arizona and has a satellite office in Silicon Valley, California. We are a Nationwide lender offering a wide array of financing options for investors, including fix & flip loans, rental loans, vacation rental loans and cash-out refinance loans. Fast pre-approvals via term sheet without pulling your credit.
Pinnacle Lending Group experienced staff are experts and know in the ins and outs of the real estate market in Las Vegas and the surrounding counties of Clark, Lincoln and Nye. We know all the local REALTORS, appraisers and building inspectors and as we work with them daily we know exactly what they need from a Las Vegas
NEXA Mortgage is a Mortgage Broker lending to consumers looking to own a home or refinance their existing. Our mission is to serve our customers with honesty, integrity, and competence while providing an exceptional customer experience. NEXA Mortgage is a full service mortgage broker.
1256 West Chandler Boulevard, Suite 29, Chandler, AZ, 85224
Prestige Mortgage offers Commercial, FHA, VA, USDA, Conventional, Jumbo, Bridge loans, and Private Money loans in Arizona. Whether it is debt consolidation, refinance, cash-out or a purchase of a new home, Prestige Mortgage will help you make the best decision for you and your family.
1599 East Orangewood, Suite 200, Phoenix, AZ, 85020
Eddie and Tom Knoell are 3rd generation natives of Phoenix. Count on them to stick around! The Knoell family has been deeply rooted in real estate for over 70 years Valley with an impeccable reputation.
Eddie and Tom both say “Customer service is worth nothing if it lacks quality
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.
7600 North 15th Street, Suite 150-2, Phoenix, AZ, 85020
At OnPoint Financial, we ensure we have solutions for every type of homeowner! It doesn’t matter if you are buying your first home, upgrading into your dream home or building wealth buying investment properties – let the experts at OnPoint Financial keep you pointed in the right direction.
1819 East Morten Avenue, Suite 170, Phoenix, AZ, 85020
Jud Holmes opened Innovate Mortgage in 2018 because He wasn’t satisfied with the service & programs that I could offer as part of a big bank. As a broker with low overhead, I can pass the savings of running a lean operation on to my clients in the form of better rates and lower closing costs. Not only that but I can get files closed faster.
