USDA VS FHA in Shorewood, Will County, IL

For the year 2025, the USDA loan limit in Shorewood, found in Will county, IL, is set at $336,500. Conversely, for a single-family home, the FHA limit is $472,030.

Use the Lendersa® USDA loan calculator to compare today's best rates between USDA and FHA loans, evaluating the income, credit, reserves, and documentation necessary for eligibility. Our sophisticated mortgage calculator allows you to view programs like USDA, FHA, Conforming, and VA side by side, assisting in selecting the best option in for your specific financial needs.

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2025 Loan Limits and Downpayment Requirements in Shorewood, Will, IL

Loan Type Loan Limit Down Payment Requirement
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Options for USDA and FHA Loans in Shorewood, IL

Lendersa® aims to provide you with the most advantageous USDA or FHA loan quickly and straightforwardly. Begin with one of three starting paths that help match you with lenders and USDA loan options.

Results for Lendersa USDA loan request matching

What is a USDA Loan in IL?

The USDA home loan, endorsed by the Department of Agriculture, also called the USDA rural development loan or USDA mortgage, is offered exclusively in rural areas. Unlike FHA loans that need a minimum 3.5% down payment, USDA loans require none.

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



  • Paragon Financial Group Inc
  • 4250 Veterans Memorial Highway, Suite 420E, Holbrook, NY, 11741
  • We are committed to maintaining the highest standards of integrity and professionalism in our relationship with you, our client. In a financial services world so recently tarnished by misinformation and even outright fraud we strive to continue to be your reliable source for accurate financial information and trustworthy account services.
  • First National Bank Mortgage
  • 201 E. Debbie Ln, Mansfield, TX, 76063
  • First National Bank has been a community partner since opening our first location in Wichita Falls in 1986. In the years since, we have grown to seven banking centers and five mortgage offices. Our asset size has increased to over $892 million and we have over 150 employees in the communities we serve.
  • Minter Mortgage, Inc.
  • 2409 Hillary Trail, Mansfield, TX, 76063
  • Minter Mortgage are you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
  • Mansfield Mortgage Company
  • 208 East Broad Street, Suite 101, Mansfield, TX, 76063
  • "At Mansfield Mortgage, we understand the home-buying experience can be both exciting and stressful. After all, it’s probably your biggest investment. Let our experts help take the stress out of the mortgage process. From application to closing, we’ll work hand in hand to make your financial decisions easier and smarter."
  • American Bank & Trust Company
  • 307 East Landry Street, Opelousas, LA, 70570
  • The American Bank & Trust Company opened in Opelousas, Louisiana on September 22, 1958. The Bank was founded by Frank J. Diesi, who was determined to implement his vision of what banking should be. That vision became a tradition that is still alive and flourishing today at American Bank & Trust Company.
  • ST. LANDRY HOMESTEAD FEDERAL SAVINGS BANK
  • 235 N Court St, Opelousas, LA, 70570
  • St. Landry Homestead Federal Savings Bank is a community bank that’s proud to offer good, ol’ fashioned service combined with the technology tools you expect from a cutting-edge financial partner. At The Homestead, we are focused on fueling business and improving lives across our region.
  • First National Bank
  • 729 West 7th Avenue, Spearman, TX, 79081
  • A group of investors led by current CEO/Chairman Bill Pittman founded First National Bank in April, 1985. Since the bank has opened, Bill has repeatedly said, "The only difference between banks is the people. At First National Bank, we strive every day to treat our customers the way we want to be treated.
  • Gulf Mortgage Group, LLC
  • 38034 Post Office Road, Suite A, Prairieville, LA, 70769
  • Gulf Mortgage Group, LLC, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
  • NRCS FCU
  • 501 West Felix Street, Building 24, Fort Worth, TX, 76115
  • Natural Resources Conservation Service Federal Credit Union (NRCS FCU) was chartered in 1937, just one year after the Soil Conservation Service (SCS) established its presence in Fort Worth, TX. Originally, the credit union membership was only open to the employees of SCS who worked in Fort Worth. Subsequent field of membership .
  • FSU Credit Union
  • 2520 N Monroe St, Tallahassee, FL, 32303
  • FSU Credit Union our members' financial well-being" is what we do every day. As a secure, not-for-profit financial cooperative, our true value comes from returning proceeds back to our member-owners in the form of competitive products and services. You'll also discover a customer-service experience that puts its members.
  • Florida First Capital Finance
  • 1351 N. Gadsden Street, Tallahassee, FL, 32303
  • Florida First Capital is Florida's original statewide certified development company promoting economic development and job creation. Under the SBA 504 Loan Program, Florida First Capital works with private-sector lenders to provide eligible small business owners in Florida and Alabama and Georgia.