USDA VS FHA in Oak-Park, Cook County, IL

In 2024, USDA loan limit in Oak-Park, county of Cook, IL is $0 while FHA limit is $379,500 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2024 loan limits and downpayment requirments in Oak-Park, county of Cook, IL

Loan Type Loan Limit Down payment
USDA $0 0%
FHA $379,500 3.5%
Conventional Conforming $548,250 3%

USDA and FHA loan options in Oak-Park, IL

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Illinois?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

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



  • MaggieMae
  • 511 Energy Center Dr, Suite 702, Northport, AL, 35473
  • MaggieMae is a division of Consumer First Mortgage, Inc. (CFM), a privately held residential mortgage lending corporation based in Tuscaloosa, Alabama. CFM was founded in 2000, and we hold national lending and underwriting approvals from the Federal Housing Authority (FHA), the Department of Veterans Affairs (VA),
  • Dimensions Mortgage LLC
  • 777 Cleveland Avenue, Suite 101, Atlanta, GA, 30315
  • The Dimensions Mortgage Company is committed to providing clients with the highest quality home loans combined with some of the lowest mortgage rates available in all of Georgia. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan, or consolidating debt.
  • Mabrey Bank
  • 11402 S Memorial Dr, Bixby, OK, 74008
  • The Mabrey family has been involved with the bank for four generations, providing steady leadership to this well-known independent community bank. With 15 locations throughout Oklahoma the bank is staffed by more than 260 professionals, provides financial services to more than 25,000 customers and maintains assets totaling more than $1.5 billion.
  • Community Lending Solutions Inc
  • 801 Moreland Avenue, Suite B, Atlanta, GA, 30316
  • 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.
  • Bank of York
  • 13 W Liberty St, York, SC, 29745
  • Bank of York was founded on April 11, 1935, and we're proud to be a part of the history of York County. That's a long time of serving our community. We're proud of all the stories of people who have joined with Bank of York over the years to build stable livelihoods and raise their families.
  • Washington Mortgage Group, Inc.
  • 6924 A Little River Turnpike7619 Little River Turnpike, Suite 35, Annandale, VA, 22003
  • 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.
  • Finance USA Corporation
  • 6924 A Little River Turnpike, Annandale, VA, 22003
  • Finance USA Corporation has been assisting customers with their mortgage needs since 2006. We understand that the process of obtaining a loan can be quite overwhelming, which is why our Mortgage Professionals work closely with each customer to ensure a financial solution tailored specifically to their needs.
  • Fairway Asset Corporation
  • 7345 McWhorter Place, Suite 110, Annandale, VA, 22003
  • At Fairway Asset Corporation, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.