USDA Vs. FHA Pro and Con comparison in Park-Ridge, Cook County, IL

In 2025, the USDA loan limit for Park-Ridge, in Cook of IL, stands at $0, while the FHA ceiling for a single-family home is $379,500.

Use the Lendersa® USDA loan calculator to compare the best USDA and FHA rates today and determine the income, credit, reserves, and documents required to qualify. Our advanced mortgage calculator presents USDA, FHA, Conforming, and VA options side by side, aiding you in selecting the most suitable program in Alabama for your financial needs.

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Loan Limits and Downpayment Requirements for 2025 in Park-Ridge, IL

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

Exploring USDA and FHA Loan Options in Park-Ridge, IL

Lendersa® aims to efficiently secure you the best possible USDA or FHA loan without hassle. Choose one of three starting points that connect you with suitable lenders and USDA loan programs.

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Understanding the USDA Loan in IL

A USDA home loan, backed by the Department of Agriculture, often referred to as a USDA rural development loan or USDA mortgage, is intended for rural areas. Unlike FHA loans, which require a minimum 3.5% down payment, USDA loans require no down payment at all.

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



  • North Star Community Credit Union
  • 109 Central Ave, Maddock, ND, 58348
  • The mission of North Star Community Credit Union is to deliver financial solutions, one person at a time. North Star Community Credit Union is proud of its ever expanding member reach and currently provides financial service at 12 locations throughout the state of North Dakota. North Star Community Credit Union Full service financial credit union.
  • Atlantic Health Employees Federal Credit Union
  • 99 Beauvoir Avenue, 2nd Floor, Summit, NJ, 07901
  • Atlantic Health Employees Federal Credit Union was originally Chartered on June 6, 1974 as Overlook Hospital Employees' Federal Credit Union to serve the employees of Overlook Hospital. Since then, the credit union has expanded its charter to offer its services to other groups associated with the hospital.
  • Lincoln Mortgage Solutions
  • 7016 Caviro Lane, Boynton Beach, FL, 7901
  • Lincoln Mortgage Solutions LLC will work with you to ensure that you get a financial solution that is tailored specifically to meet your financing needs. Our goal is to create lasting relationships with each and every client and to continue to assist you with whatever your future needs may be.
  • Community Bank Delaware
  • 16982 Kings Highway, Lewes, DE, 19958
  • In July 2006, a group of local business people started this bank to serve the needs of people in our community. The bank started in an old gas station in Lewes but soon opened a new headquarters building on RT 1 in Lewes. In 2007, a Rehoboth location on RT 1 opened. Today the bank has grown to over $250 million in assets and serves clients
  • The Mortgage Market of Delaware
  • 34011 Wescoats, Rdlewes, DE, 19958
  • "Established in 2006, The Mortgage Market of Delaware, LLC is a locally owned and operated family business specializing in residential and commercial real estate lending. We work with 20 national mortgage lenders and financial institutions so we can assist almost any borrower. If we can't do the loan, it probably can't be done!"
  • Growing Oaks Federal Credit Union
  • 299 Industrial Boulevard, Goldsby, OK, 73093
  • "Growing Oaks started from a God-given vision about the growth journey of an acorn to become an oak tree. The potential to be an oak tree exists in every acorn. But to become the mightiest oak tree an acorn was designed to be, certain conditions have to occur. An acorn has no control over its growth potential, but YOU DO!"
  • E Z Loans Inc
  • 28273 Dupont Blvd, Millsboro, DE, 19966
  • Our mission is to provide financial assistance to those who are in need of money as quickly as possible (usually takes 15-20 minutes). In just a short time and you will have the much needed funds. EZ Loan$, Inc. is one of only a few members in Delaware. We treat all our customers with dignity and respect.
  • Stratton Mortgage
  • 28437 DuPont Blvd, Millsboro, DE, 19966
  • At Stratton Mortgage, we desire to build our community through home ownership and generosity. Our goal is to provide a seamless mortgage process that allows you to enjoy buying or re-financing your home. Stratton Mortgage is an innovative company that takes the stress out of the mortgage experience.
  • The First National Bank of Dighton
  • 105 East Long, Dighton, KS, 67839
  • First National Bank of Dighton has been a member of this community for over 100 years. It was pioneer spirit that transformed Dighton from a settlement on the prairie into a thriving agricultural center for wheat and cattle. We at First National Bank take pride in that spirit, Dighton.
  • First State Bank of Harvey
  • 700 Lincoln Avenue, Harvey, ND, 58341
  • First State Bank of Harvey has been growing and changing with the community. Originally chartered in 1913 at Silva, North Dakota as the First State Bank of Silva with $10,000 in capital, the bank has grown to a $60 million institution with a branch in Anamoose, ND. Founded by H. Thorsen, A.O. Refling and H.L. Thorsen.