USDA VS FHA in Olympia-Fields, Cook County, IL

For 2025, USDA loan limits in Olympia-Fields, within Cook, IL, are $0, while the FHA limit for a single-family home is $379,500.

Use the Lendersa® USDA loan calculator to compare today's top rates for USDA and FHA loans, and evaluate the income, credit, reserves, and documents required for qualification. With this advanced mortgage calculator, you can analyze USDA, FHA, Conforming, and VA options side by side, helping you decide on the best financial plan, especially in Alabama.

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2025 Loan Limits & Downpayment Requirements in Olympia-Fields, County of Cook, IL

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

Discover USDA and FHA Loan Strategies in Olympia-Fields, IL

Lendersa® seeks to efficiently secure the best USDA or FHA loan for you. Choose one of three approaches to connect with lenders and explore fitting USDA loan options.

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What is a USDA Loan in IL?

A USDA home loan, guaranteed by the Department of Agriculture, also referred to as a USDA rural development loan or mortgage, is available only in rural areas. Unlike FHA loans that require a minimum 3.5% down payment, USDA loans do not require any down payment.

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



  • Citizens Savings & Loan
  • 317 High Street, Chattanooga, TN, 37403
  • Citizens was opened by local citizens in 1917 to serve the loan needs of people who have limited access to bank credit. Citizens primarily makes secured and unsecured loans to individuals with less than perfect credit or collateral for personal, family or household purposes Automobiles and personal property are all acceptable as collateral.
  • Niagara Regional FCU
  • 1285 Erie Avenue, North Tonawanda, NY, 14120
  • With over 80 years of outstanding service, Niagara Regional FCU’s mission remains the same: Providing the complete banking experience by adapting our products to meet the needs of our growing membership, staying current with the latest technology, retaining staff and volunteers who educate every member on a personal level to meet individual needs.
  • Cross State Funding Corp
  • 416 Oliver Street, North Tonawanda, NY, 14120
  • Our mission is to serve our customers with honesty, integrity and experience. We use our expertise to provide home loans to A++ clients and credit challenged clients alike. Our objective is to provide each customer with the lowest interest rate for thier situation and the best product type available for your needs.
  • PennTech Community Federal Credit Union
  • 409 Center Street, Suite C, Johnsonburg, PA, 15845
  • PennTech Federal Credit Union has been open since 1960. The credit union has assets totaling $12.12 Million and provides banking services to more than 1, 000 members. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups, but primarily serves manufacturing employees.
  • First State Bank of Sauk Centre
  • 423 Main Street, Sauk Centre, MN, 56378
  • First State Bank of Sauk Centre operates as a bank. The Bank offers saving accounts, loans, debit, credit cards, insurance, investments, mortgages & online banking services. First State Bank of Sauk Centre serves clients in the State of MN. First State Bank of Sauk Centre has 25 total employees across all of its locations & generates $4.76 million.
  • Southwest Missouri Bank
  • 202 W High, Alba, MO, 64830
  • We are proud to be the largest locally owned community bank in southwest Missouri. It all began in Carthage, Missouri, when Garry Denney, along with seven other citizens, decided to start a new bank. The first Carthage branch opened in June, 1979, with one million dollars in assets and over the years we expanded into Joplin, Neosho, Jasper & Alba.
  • Minnesota National Bank
  • 131 12th St S., Sauk Centre, MN, 56378
  • Minnesota National Bank is a vibrant & growing community bank operating in the Sauk Centre, Long Prairie & Pelican Rapids markets. Like the fatherly advice you may have received once while sitting on the end of a dock, Minnesota National Bank prides itself in getting to know customers & providing advice to help you make better financial decisions.
  • CerescoBank
  • 130 West Elm Street, Ceresco, NE, 68017
  • CerescoBank was established in 1911 as the Farmers and Merchants Bank of Ceresco and was situated on the corner of South 2nd Street and Elm. The bank has served the Ceresco Community since that time. The present bank building at 130 West Elm Street was completed in 1983, allowing the bank to have a drive-thru banking lane.
  • L.W. INTEGRITY FUNDING, LLC
  • 4498 Main St, Suite 8, Buffalo, NY, 14226
  • LW Integrity Funding LLC, our commitment to customers is in our name. Since 2005, we have helped clients across the Greater Buffalo area, and Western New York. We pride ourselves for building community and helping customers secure the mortgages they need to open a new chapter in their life.
  • TVA Community Credit Union
  • 1405 South Wilson Dam Rd, Muscle Shoals, AL, 35661
  • TVA Community Credit Union has been defined by a renowned commitment and dedication to our members and to our community. This constant commitment is reflected in our enhanced service innovations and unequaled member service. In a financial age that has seen ever rising account fees and charges, TVACCU 's Totally Free Accounts remain a true rarity.
  • First Metro Bank
  • 406 West Avalon Avenue, Muscle Shoals, AL, 35661
  • First Metro Bank has planted roots in our community since 1988. We’ve helped our Neighbors raise families, open businesses, and plan for the future. It is our way of doing business that separates us from the crowd, and allows our customers to know that they are far more than just a number.