USDA Vs. FHA your options comparison in Round-Lake-Beach, Lake County, IL
In 2025, USDA loan limit in Round-Lake-Beach, county of Lake, IL is $0 while FHA limit is $379,500 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.
2025 loan limits and downpayment requirments in Round-Lake-Beach, county of Lake, IL
Loan Type
Loan Limit
Down payment
USDA
$0
0%
FHA
$379,500
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA loan options in Round-Lake-Beach, 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.
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?
Sioux Valley Community Credit Union has been open since 1952. The credit union has assets totaling $31 Million and provides banking services to more than 3,000 members. Sioux Valley does not support or recommend using Zelle pay or any other cash transfer app to purchase anything.
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Security National Bank was chartered in 1884 in Sioux City, Iowa, founded on the time-tested principles of integrity, honor, open-mindedness, efficiency, good humor, respect, duty and human connection These principles served as guideposts that enabled SNB to withstand the economic panic of the late 1800s, the Great Depression.
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Shotbolt Mortgage! My name is Jack Shotbolt, and I am an Independent Mortgage Broker and Planner located here in Omaha, Nebraska.
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Wilhelm Mortgage Inc. (NMLS Lic. #1974080) Is an equal housing lender. This is not a commitment to lend or extend credit. Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply. All rights reserved. Contact us for details. Consult your accountant about tax deductions.
