For the year 2025, the maximum loan limit set by the USDA for properties in Rockford, within Winnebago County, IL, stands at $336,500. In contrast, the FHA sets its limit at $472,030 for homes designed for single-family units.
With the Lendersa® USDA loan calculator, you can effectively compare the most competitive rates available today between USDA and FHA options. This tool helps you understand the income required, alongside necessary credit scores, financial reserves, and detailed documentation needed to meet qualification criteria. Our state-of-the-art mortgage calculator presents USDA, FHA, Conforming, and VA loans side-by-side, empowering you to make an informed decision regarding the most suitable loan program for your specific financial requirements in , tailored precisely to your unique circumstances.
2025 Loan Limits and Down Payment Specifications in Rockford, Winnebago County, IL
Loan Type
Loan Limit
Down Payment Requirement
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Understanding USDA and FHA Loan Opportunities in Rockford, IL
The mission at Lendersa® is to swiftly connect you to the most beneficial USDA or FHA loan options, minimizing hassle and optimizing efficiency. Initiate your process by selecting one of three tailored starting pathways, each leading you to match with relevant lenders and comprehensive USDA loan programs.
A USDA home loan is a distinctive mortgage option guaranteed by the U.S. Department of Agriculture. Commonly referred to as the USDA rural development loan, this mortgage is specifically available in rural neighborhoods. It stands apart from FHA loans, which require a minimum down payment of 3.5%, as USDA loans demand absolutely no down payment. This makes them incredibly appealing to individuals seeking housing opportunities in designated rural areas.
At Citizens State Bank, we are committed to being your full service, independent, locally-owned community bank. Our customers rely on our expertise, professional staff and diverse products and services, many of which can be customized to suit your specific needs. All business decisions are made locally by people who live and work where you do.
Union National Bank opened its doors for the first time. Although that makes us one of the oldest banks in the Chicagoland area, we pride ourselves on being innovators within both our local and national banking communities. One of the first banks to provide an option for a 1% loan, we consistently put our clients needs first to make sure we can fin
Banquet Financial was opened to provide customers with a viable alternative to dealing with payday loans and banks, to help those who are in need of short-term loans.
We offer title loans along with consumer installment loans to Illinois residents. Banks are becoming tougher to deal with, and payday loans are just too expensive.
Senior Reverse Mortgage Group is local, not an online based company. Since we are located in the area, we are able to meet face to face in your home, or in our office. Closings may be arranged to be conducted in your home Please contact us for a free consultation so all your options can be discussed, allowing you to make the choice to best meet you
421 N Northwest Highway, Suite 22, Barrington, IL, 60010
Our mission at Fidelity Mortgage Capital is to serve our customers with honesty, integrity, and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
421 North Northwest Highway, Suite 16, Barrington, IL, 60010
We are dedicated to making the loan process a satisfying experience. We use up-to-date technology to provide you with the tools necessary to research the loan right for you, find answers to mortgage questions, and complete the mortgage application process. Our goal is to help the you find a loan that fits your unique needs.
840 S Northwest Highway, Suite 202, Barrington, IL, 60010
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing the lowest interest rates and closing costs possible. Futhermore, we pleadge to help borrowers overcome roadblocks that can arise while securing a loan.
10 Executive Court, Suite 2, South Barrington, IL, 60010
ClearPath Financial Mortgage, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
The year 1945 marked the official end of World War II, the founding of the United Nations and on December 8th, The State Bank of Pearl City was established. The bank has been an independently owned community bank since that day.
Our focus continues to be on you and your financial needs, our local families, businesses and farmers.
We work with several lenders to compare the best rates for your unique journey. Rates are constantly changing, so an open line of communication will ensure you get the rate and loan program that's best for you. we'll be there to offer you advice and the best rate for your situation. we provide customer care every step of the way.
We are a relationship-based bank with ideas to drive your business forward. We live and work in the communities we serve, so our bankers understand the local market – and your industry. With $21.2B in assets, we have the resources to partner with our clients to provide customized solutions. Currently, we serve nearly 25, 000 commercial clients
The State Bank of Geneva is committed to being your first choice for financial services. We are locally owned and managed with experienced staff and management who are engaged and focused on excellence. Community banking at SBG means we know all our customers and provide the same products and services as our much larger brethren.
