USDA Vs. FHA Pro and Con comparison in Riverside, Cook County, IL

In 2024, USDA loan limit in Riverside, county of Cook, IL is $0 while FHA limit is $472,030 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.

Compare loan offers from 100 lenders

2024 loan limits and downpayment requirments in Riverside, county of Cook, IL

Loan Type Loan Limit Down payment
USDA $0 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Riverside, 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?



  • NEWTOWNE MORTGAGE, LLC
  • 600 22nd Street, Suite 201, Virginia Beach, VA, 23451
  • NewTowne Mortgage is hometown mortgage company, we uphold the principles and philosophies that have been established by our hometown traditions. NewTowne Mortgage is dedicated to providing the personal experience that you expect from a hometown lender with the most advanced technology available to offer affordable loans, quick processing.
  • The First National Bank of Dozier
  • 7825 South Main Street, Dozier, AL, 36028
  • The First National Bank of Dozier opened for business with a national bank charter. Henderson, a prominent entrepreneur at that time, was the bank’s first president for 8 years; yet, it is reported that he only entered the bank one time as he allowed the operations of the bank to be managed by local personnel.
  • 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.
  • 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.
  • 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,"
  • Lightning Mortgage Inc
  • 591 Summit Avenue, Suite 517, Jersey City, NJ, 07306
  • We pride ourselves on exceeding our customer's expectations in finding the best rates, service, and options for a home loan that's right for you. Lightning Mortgage has been in business since 2008 and built a reputation for quality and efficiency among our clients and lenders. The relationship with our lenders, combined with our low overhead,
  • Island Capital Services LLC
  • 84 New Dorp Plaza, Suite 206 & 208, Staten Island, NY, 10306
  • Shop For Your Loan Today, Live In Your Home Tomorrow Island Capital Service is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage simple
  • The First National Bank of Absecon
  • 106 New Jersey Avenue, Absecon, NJ, 08201
  • The First National Bank of Absecon combines old neighborhood values with proven technology offerings to provide customers with reliable services. Our strength is providing core-banking services in a very personal, stress free and ethical manner along with maintaining a complete understanding of the ever-changing markets, which we serve.