USDA Vs. FHA Pro and Con comparison in Palatine, Cook County, IL
In 2025, the USDA loan cap in Palatine within Cook county, IL, is $0. Meanwhile, the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to compare the leading USDA and FHA rates today and determine the income, credit, reserves, and documents necessary for qualification. With this advanced mortgage calculator, view USDA, FHA, Conforming, and VA options side by side to decide which program in Alabama best suits your financial situation.
2025 Loan Limits and Down Payment Requirements in Palatine, Cook county, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Choices in Palatine, IL
Lendersa® aims to secure the best USDA or FHA loan for you quickly and without effort. Choose from three starting points to connect with lenders and USDA loan solutions.
A USDA loan, secured by the Department of Agriculture and known as a USDA Rural Development Loan or USDA Mortgage, is available only in rural areas and doesn’t require a down payment, unlike FHA loans which need at least 3.5% down.
510 West Northwest Highway, Mount Prospect, IL, 60056
The Mortgage Marketplace Inc We offer true no-cost loans. This means that if we quote you a no-cost loan, then there will be absolutely no closing costs - which include lender fees, title fees and appraisal fees. But there are so many combinations of rates and fees, so if you decide you'd rather pay some of the closing costs.
At First American Bank, we're small enough to provide the personal attention that makes you comfortable coming to us for a multi-thousand-dollar auto loan. As the largest privately held bank in Illinois, we're big enough that you can also get multi-million-dollar financing if your company exports auto parts – or anything else.
836 S Arlington Heights Rd, Suite 182, Elk Grove Village, IL, 60007
Z Reverse Mortgage is a free informational resource for seniors and their families on the reverse mortgage process. We provide senior citizens with all the necessary information and assistance in order to identify the right loan programs, determine property value, and begin the process.
We are a purpose-driven organization that empowers people to discover financial freedom. We owe our success to our BCU community, fostering an environment that supports professional and personal growth – which in turn empowers us to best serve our members With over $5 Billion in assets, we are also one of the fastest growing credit unions in the la
INSIGNIA Financial Services LLC is a non-bank lender and capital markets advisory firm. We provide access to a broad array of debt and equity capital for real estate investments in all markets, nationwide and Our lending and debt placement process enables savvy real estate investors, entrepreneurs and business owners to seize opportunity
Our lending products and payment services go far beyond consumer credit, to enable millions of merchants to run their businesses, to explore new markets, power fin-tech companies and most importantly—help people to build a brighter financial future.The Discover Network provides card acceptance at millions of businesses and cash access locations.
CCF does commercial real estate workouts for lenders and borrowers. We provide debt and equity relief solutions for what seem intractable situations. We have a complete “due diligence” service and employ strategies to avoid or recover from heavy OREO write-downs. With our proprietary market research model we are able to determine project.
1121 Lake Cook Road, Suite L, Deerfield, IL, 60015
Wool Finance Partners, LLC is active in the placement of debt and equity for institutional quality office, retail, industrial, healthcare, hospitality and multifamily properties. Our approach is relationship-oriented, seeking to build upon an impressive client base of developers and lenders.
770 Lake Cook Road, Suite 145, Deerfield, IL, 60015
Prism Mortgage has 30 years of experience in the residential and commercial real-estate industry. Prism Mortgage LLC, Chicago's leading group of financial advisors here to serve your entire mortgage lending needs. Strict, new federal and state regulations have imposed dramatic changes upon the mortgage lending process.
1020 Milwaukee Avenue, Suite 232, Deerfield, IL, 60015
Cambridge Lending Group has established itself as a trusted resource and respected mortgage leader in the Chicago’s North Shore community. we have helped thousands of clients find the optimal mortgage plan tailored to their needs, and provided successful solutions for those who have previously been turned down by other lenders.
1020 Milwaukee Avenue, Suite 230, Deerfield, IL, 60015
Our mortgage brokers know what they’re doing. They use the latest comparative analysis software which allows them to research and compare various loan programs to find the best option to meet your needs. We take pride in treating our clients with honesty and integrity. We have many very happy costumers.
