USDA Vs. FHA your options comparison in Round-Lake-Beach, Lake County, IL
During 2025, the USDA loan limit in Round-Lake-Beach, located in Lake County, IL, stands at $0, compared to the FHA limit of $379,500 for single-family homes.
By using the Lendersa® USDA loan calculator, you can evaluate the best current rates between USDA and FHA options. Determine the necessary income, credit score, reserves, and documentation to qualify. Our innovative mortgage calculator permits a side-by-side view of USDA, FHA, Conforming, and VA loans, guiding you to select the best program for your specific financial circumstances in .
2025 Loan Limits and Down Payment Details in Round-Lake-Beach, Lake County, IL
Type of Loan
Maximum Loan
Required Down Payment
USDA
$0
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
Options for USDA and FHA Loans in Round-Lake-Beach, IL
Lendersa® strives to secure you the best possible USDA or FHA loan quickly and with minimal hassle. Begin by choosing one of three pathways that link you to lenders and comprehensive USDA loan programs.
The USDA home loan is a mortgage backed by the U.S. Department of Agriculture, commonly known as a USDA rural development loan. Exclusively available for rural locales, this loan does not require a down payment, unlike FHA loans that necessitate at least 3.5% down. This offers an attractive option for those qualifying in designated rural areas.
Secured Advantage Federal Credit Union was first organized in 1959 by a group of Cryovac employees. In 1998, when the brand packaging solutions company was acquired by Sealed Air Corp, the credit union expanded to serve the larger multinational corporation specializing in food care, product protection and healthcare solutions.
SC Home Loans is a local, family owned company with a mission to serve our community. We believe the rates and fees offered by banks and other financial institutions can be excessive. Our desire is to help you navigate the complexity of today's mortgages, because we understand the needs of South Carolina families.
Lion's Share Federal Credit Union is a full-service financial cooperative that was established in 1982 as Food Lion Credit Association CU. In 2007 our name changed, but our purpose remained the same; to serve only one common bond, the hard working employees and retirees of Delhaize America, along with their family members.
Artisan Mortgage was formed in 2005 as a full service mortgage company with headquarters in Bay Shore, NY and branch office in Hershey, PA to serve the needs of new and existing homeowners through individualized service, a variety of lending programs, and a simplified, efficient loan closing process.
In 1955, several employees of the Anniston, Alabama, Post Office agreed that it would be a benefit for all of the employees to form a credit union. They assembled a group of twenty-five, and in July 1956, were chartered as the Northeast Alabama Federal Credit Union. In the years since, we have grown to 1186 members, with over $15 Million in assets.
Affinity Home Lending continues to be the go to Mortgage Lending company in the Marietta, GA area. Whether you are a first time home buyer, experience home buyer, or are looking to refinance your home, we have the expertise to assist you. Our strong communication to all parties and with our average mortgage approval process of 14 days.
8300 Dunwoody Place, Suite 210, Atlanta, GA, 30350
We specialize in unconventional commercial hard money loans on real estate, equipment, and aircraft. Our expertise and depth of lending knowledge allows us to consider loans that are outside of the core competency of conventional lenders. With several decades of experience, we are able to quickly understand the value of an asset.
8601 Dunwoody Pl, Suite 406, Sandy Springs, GA, 30350
Our company is a leading provider of short-term consumer loans, operating since 1994.
Building strong relationships, by providing a valuable service to the communities in which we serve by offering access to short-term financial solutions in the form of Title, Payday and Signature Installment Loans that fit our client's immediate financial needs
