USDA Loan Vs. FHA loan pro & con 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.

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.

Overview of Lendersa USDA loan requests and matches

Understanding USDA Loans in IL

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.

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(318) 623-3810 Lender's profile and map Reviews J & L Processing/Mortgages 2234 Windsor Ct, Bossier City, LA, 71111 At J & L Processing/Mortgages, we specialize in assisting first-time home-buyers navigate through this journey as quick and easy as possible. We offer conventional, FHA, USDA, VA Programs and more. Purchasing a home is a significant financial decision in your life, so finding the right mortgage partner is key to making the dream of homeownership
(518) 584-5844 Lender's profile and map Reviews The Adirondack Trust Company 473 Broadway, Saratoga Springs, NY, 12866 We’re the Adirondack Trust Company, and we go above and beyond to create solutions for people, businesses and our community. As a successful independent Bank that’s been serving this area for more than a century, we are vested in your success and committed to taking you and our community to greater heights.
(518) 430-2832 Lender's profile and map Reviews Capital Bank 3057 Route 50, Saratoga Springs, NY, 12866 Capital Bank opened for business on Wolf Road in the Town of Colonie in December of 1995. The Bank was founded by a group Albany-based business people and community leaders. The founders knew there was a niche for a new commercial bank in the Capital Region. Over the next 15 years, the forecast of the founders came to fruition,
(800) 955-6605 Lender's profile and map Reviews The Funding Store LLC 368 Broadway, Suite 12, Saratoga Springs, NY, 12866 The Funding Store is a Registered Mortgage Broker founded in 2010. At the time of establishment, the mortgage industry had experienced transition as a result of predatory lending and deceptive mortgage practices. Revisions to licensing laws along with additional education and test requirements were embraced and The Funding Store
(518) 730-3000 Lender's profile and map Reviews Pioneer Bank 652 Albany Shaker Road, Albany, NY, 12211 Founded for the financial strength of the community, Pioneer has been operating within New York's Greater Capital Region for more than 130 years, providing financial support to help people build a better life. Today, our values remain the same, holding firm to our belief that the customer, our employees, and our community come first.
(580) 995-4231 Lender's profile and map Reviews Bank of Vici 121 West Broadway Street, Vici, OK, 73859 The Bank of Vici acquired an organizational charter date of October 22, 1902. In 1914, the Bank of Vici consolidated with the First Bank of Cestos with John F Windolph as the principal organizer and was its first president, a position he held until his death in 1956. The Bank of Vici celebrated its 100th anniversary on October 22, 2002.
(518) 434-3728 Lender's profile and map Reviews FASNY Federal Credit Union 107 Washington Avenue, Albany, NY, 12210 FASNY Federal Credit Union distinguishes themselves through achieving excellence by providing friendly, professional service, and building lifelong relationships one member at a time. Members have access to the highest level of personal financial services, focused around encouraging savings
(845) 452-7323 Lender's profile and map Reviews TEG Federal Credit Union 1 Commerce Street, Poughkeepsie, NY, 12603 TEG Federal Credit Union is a local, member-owned, not-for-profit, full-service community financial institution open to all those who live, work, worship or attend school in Dutchess, Orange, Ulster, Sullivan, Putnam, Rockland and Westchester County in New York. Since 1969, TEG has been a steady source of financial services to its members.
9296882696 Lender's profile and map Reviews Salman Capital Funding 35 journal Sq, Jersey City, NJ, 07306 Salman Capital is a family-owned In-house direct lender that provides financing for real estate investors nationally. With our own discretionary capital, we provide Bridge 12-24 month term IO financing for acquiring and stabilizing a property. We also provide asset-based DSCR financing for traditional and short term rental properties.
(201) 216-6094 Lender's profile and map Reviews Path Federal CU 1 Path Plaza, Jersey City, NJ, 07306 We're here to help PATH employees and family. We offer trusted advice and better value than banks on the financial services people use every day. PATH Federal Credit Union has been open since 1952. The credit union has assets totaling $12.78 Million and provides banking services to more than 1, 000 members.
(201) 659-3900 Lender's profile and map Reviews Liberty Savings Federal Credit Union 666 Newark Ave, Jersey City, NJ, 07306 "Liberty Savings Federal Credit Union boasts nearly $115 million in assets with over 22, 000 members. Our Mission: Provide quality, convenient financial services to a diverse membership for the economic well-being of the individual and our communities. As the credit union grew stronger,"