USDA Loan Vs. FHA loan for Spring-Grove, IL [McHenry County Rates 2023]

In 2025, USDA loan limit in Spring-Grove, county of McHenry, IL is $303,600 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.

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USDA and FHA loan options in Spring-Grove, 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.

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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.

(636) 665-5601 277 miles Lender's profile and map Reviews The Bank of Old Monroe 2100 Highway C, Old Monroe, MO, 63369 In 1906 a group of local farmers gathered to talk about a vision they had of opening a local community bank. In September of 1906, their dream became reality when they opened the doors for business to the Bank of Old Monroe. Today, the Bank of Old Monroe serves Lincoln, Pike, Warren and St. Charles counties with 5 locations in Old Monroe,
(419) 294-2351 277 miles Lender's profile and map Reviews The First Citizens National Bank of Upper Sandusky 100 N Sandusky Ave, Upper Sandusky, OH, 43351 During the period of the 1860's, President Lincoln with the aid of the Congress and armed forces strove to preserve the union. To finance the War Between the States and lay a sound foundation to the economic future of the nation, Congress enacted the National Bank Act in 1863, which provided for the national chartering of banking institutions.
(833) 357-0004 277 miles Lender's profile and map Reviews Paramount Bank 90 Village Square Shopping Center, Hazelwood, MO, 63042 Paramount Bank history started as an independent mortgage company in 1970. Paramount Bank was recently re-imagined and rebuilt by a group of St. Louis investors. The Bank’s commitment to deliver market-leading deposit rates, product depth, best-in-class technology and superior service to help clients meet their financial goals
(937) 354-3171 277 miles Lender's profile and map Reviews The Mt. Victory State Bank 103 S Main St, Mount Victory, OH, 43340 We’re Mt. Victory State Bank, a community bank located in the heart of Mt. Victory, Ohio. We pride ourselves on delivering professional and personalized banking solutions for every individual financial situation. Take a look around and don’t be shy. Or, stop by and learn why Mt. Victory State Bank is a more personal way to bank!
(641) 923-2801 278 miles Lender's profile and map Reviews Reliance State Bank 175 E. 3rd St., Garner, IA, 50438 Reliance State Bank is a local, full-service bank proudly serving Story City, Garner and the surrounding communities. We offer all the traditional banking products and services you need, along with the latest on-the-go banking options you want. Our commitment is to deliver the highest quality service to each and every customer.
(515) 331-3100 278 miles Lender's profile and map Reviews Community State Bank - Des Moines, IA PO Box 127, Ankeny, IA, 50021 At Community State Bank, our name says it all. As a premier banking and financial services organization in central Iowa, we put our employees, clients and communities first - in everything we do. We strive to exceed this standard and care for the unique needs of our customers by providing industry-leading knowledge
(937) 845-3636 279 miles Lender's profile and map Reviews NCF Savings Bank 400 N Main St, New Carlisle, OH, 45344 NCF Savings Bank has been serving our customers and community. As a small, locally owned community bank we are in a unique position to respond to your needs quickly and efficiently, with all the great products and services that our customers need and want. NCF is extremely proud to be a locally focused bank that builds into the communities serve.
(636) 528-7001 279 miles Lender's profile and map Reviews Peoples Bank & Trust 430 East Wood St., Troy, MO, 63379 The Great Depression, expansion and breakthroughs in technology; Peoples Bank & Trust has survived and experienced it all since we opened our doors as Peoples Bank of Hawk Point in 1924. There have been peaks and valleys along the way, but we have never stopped in our commitment to providing the best banking and lending products
(515) 262-1630 280 miles Lender's profile and map Reviews Iowa State Bank 3818 Hubbell Ave, Des Moines, IA, 50317 Iowa State Bank is proud to have called Des Moines home for 80 years. Our mission is to serve customers, prosper, have fun and remain an independent bank. We are confident you will find that Iowa State Bank is able to provide the perfect mix of convenience banking and traditional services.
(937) 223-2828 280 miles Lender's profile and map Reviews Freedom 1st Credit Union 1645 Webster Street, Dayton, OH, 45404 As a not-for-profit financial cooperative, Freedom 1st is owned by the folks who save and borrow money at their credit union...the members. Unlike a bank, credit union profits are returned to the members in the form of higher dividends on savings, lower interest rates on loans, lower fees...and many other money saving services.
(660) 665-6161 280 miles Lender's profile and map Reviews Northeast Missouri State Bank 600 South Baltimore, Kirksville, MO, 63501 The Northeast Missouri State Bank was originally chartered as Schuyler County State Bank in 1933. The name was changed to Northeast Missouri State Bank in 1988, to better reflect our area of customer service, and the main bank moved to Kirksville, MO. In 2004, the bank expanded by purchasing the LaPlata State Bank.