USDA Vs. FHA your options comparison in Volo, Lake County, IL

In 2024, USDA loan limit in Volo, county of Lake, IL is $0 while FHA limit is $472,030 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.

Compare loan offers from 100 lenders

2024 loan limits and downpayment requirments in Volo, county of Lake, IL

Loan Type Loan Limit Down payment
USDA $0 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Volo, 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.

Lendersa USDA loan request and matching results

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.

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



  • Trust Tennessee Home Mortgage, Inc
  • 445 Marilyn Lane, Alcoa, TN, 37701
  • TENNESSEE HOME MORTGAGE, INC. We are a full-service mortgage company based in Alcoa, Tennessee. We specialize in FHA Home Loans, VA, USDA, New Homebuyer Loans in Alcoa. We also serve the surrounding cities in Blount County, Loudon County, Knox County, Monore County, Anderson County, Sevier County, Union County.
  • Heartland Bank - Nebraska
  • 896 G Street, Geneva, NE, 68361
  • Heartland Bank is a family-owned, community bank serving the financial needs of Central Nebraska for over a century. We specialize in Personal, Business and Agricultural Banking. Our vision is to be a growing organization providing leadership that improves the lives of customers, associates and communities.
  • Valley Premier Bank
  • 416 Sixth Street, Hawley, MN, 56549
  • Valley Premier Bank continues to be locally owned and operated by the same people in the same locations. Both offices offer traditional bank products, which include commercial, real estate and consumer loans, checking and savings accounts, certificates of deposit, safe deposit boxes
  • Kimberly Clark Credit Union
  • 1520 N Second Street, Memphis, TN, 38107
  • Kimberly Clark Credit Union, chartered in 1947, serves the employees of Kimberly Clark Corporation across the country. KCCU is a not-for-profit financial institution where you, our member-owner, come first. After expenses and legal reserves are set aside, all profits are returned to members as higher dividends on savings, lower rates on loans.
  • Bank of Bartlett
  • 678 N Germantown Parkway, Cordova, TN, 38018
  • "Bartlett Mortgage, Inc., will help. The Bartlett Mortgage team loves helping individuals and families throughout greater Memphis hang their hat in their new home. We’re one of the largest mortgage companies in the greater Memphis area. The number of people we’ve helped obtain or build their homes is something we’re incredibly proud of.
  • Community Mortgage
  • 142 Timber Creek Drive, Cordova, TN, 38018
  • Community Mortgage; our name says it all. Mortgages are all we do, and we are experts at it. We're committed to serving you with on time closing, local underwriting/decision making, expert support personnel and exceptional communication. We know your neighborhoods, understand your needs and we're here for you, every step of the way.
  • White Earth Reservation Federal Credit Union
  • 785 Highway 59 South, Mahnomen, MN, 56557
  • White Earth Reservation Federal Credit Union has been open since 1966. The credit union has assets totaling $3.15 Million and provides banking services to more than 1, 000 members. White Earth Reservation Federal Credit Union Federally Insured Credit Union. Offering Savings, Checking, Christmas Accounts & More.
  • First State Bank
  • PO Box 65, Hordville, NE, 68846
  • First State Bank was established almost as soon as the town of Hordville started. The bank’s charter is dated September 10, 1906. The building materials were all hauled from Stromsburg by team and wagon. While the building was in progress, the bank operations were transacted in the drug store building as was the post office.
  • National Employees FCU
  • 3140 East Cumberland Road, Bluefield, WV, 24701
  • National Employees Federal Credit Union has been open since 1948. The credit union has assets totaling $14.44 Million and provides banking services to more than 3, 000 members as of March 2022. The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups
  • Mercer County Teachers FCU
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  • The Mercer County WV Teachers Federal Credit Union (MCWVTFCU) has as its mission the responsibility for providing an efficient, effective, and well-managed financial institution that meets the needs of its membership. In order to accomplish this mission, MCWVTFCU will continue a sound yet progressive.
  • Henderson State Bank
  • 1040 North Main Street, Henderson, NE, 68371
  • Henderson State Bank seeks to better our communities in many ways. We offer lending products, with a focus on Ag and Commercial businesses. We have various types of deposit accounts, and other related services, to help anyone with their banking needs. We also are heavily involved in our communities through various service projects, donations.
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  • 220 Liberty Street, Warsaw, NY, 14569
  • We provide our customers a dedicated team of over 600 employees who work together in an environment of trust, integrity, and mutual respect. Our customers are at the heart of our organization, where every interaction is an opportunity for us to deliver a friendly, professional, relationship building experience.