USDA Loan Vs. FHA loan for Wauconda, IL [ best of 2023]

In 2025, USDA loan limit in Wauconda, 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.

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USDA and FHA loan options in Wauconda, 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.

(844) 230-6679 648 miles Lender's profile and map Reviews South River Mortgage 1 Park Place, Suite 540, Annapolis, MD, 21401 At South River Mortgage we put our customers first. We are a trustworthy broker who will help our senior citizens find the best reverse mortgage plan to benefit their unique situation. Unlike a lender, we will compare different options that best fit our borrower’s needs. It is our goal is to give seniors the peace of mind
(888) 699-1769 648 miles Lender's profile and map Reviews Bay Rock Home Loans LLC 839 Bestgate Road, Suite 131, Annapolis, MD, 21401 BlackRock Home Loans works with a strong portfolio of private lenders that help borrowers with unique financial situations to provide them with niche lending products that meet their needs. There are great products available for borrowers who can't qualify for loans with traditional documentation.
(443) 808-8432 648 miles Lender's profile and map Reviews Wynn Point Mortgage LLC 888 Bestgate Road, Suite 401, Annapolis, MD, 21401 "Over the years, we have found that a team approach can be an effective method to help clients who have a wide variety of needs as they maneuver through a complex financial-services world. We invite you to discover and experience the power of our services. We believe it has far-reaching benefits for our clients to get opinions"
(800) 351-5755 648 miles Lender's profile and map Reviews Heritage Financial, Inc. 175 Admiral Cochrane Dr, Suite 101, Annapolis, MD, 21401 At Heritage Financial, we are committed to putting our clients first and to find the best loan to finance your home. Heritage Financial is a full-service, residential lender, licensed in Washington D.C., Maryland and Virginia. Our experienced loan officers will guide you through the entire mortgage process.
(410) 703-9028 648 miles Lender's profile and map Reviews Redwood Mortgage Services 180 Admiral Cochrane Dr., Annapolis, MD, 21401 Established, in 1999, Redwood Mortgage Services is a full-service mortgage lender that has served thousands of clients in Maryland, Virginia, District of Columbia, Delaware and Florida. From day-one, we have been providing exceptional customer service while exceeding the industry's critical regulation standards.
(410) 974-6044 648 miles Lender's profile and map Reviews Bay Capital Mortgage Corporation 2553 Housley Road, Suite 200, Annapolis, MD, 21401 "Since 1994 we have been building a strong reputation as an outstanding mortgage banking firm, serving the lending needs of real estate professionals, builders and individual homebuyers throughout the Mid Atlantic Region, Georgia and Florida. We’re a full service mortgage banker with an experienced staff offering expertise in every area"
(410) 266-2544 648 miles Lender's profile and map Reviews Fidelity First Home Mortgage Company 707 Bestgate Rd, Annapolis, MD, 21401 Get to know the management team and loan specialists that make our mortgage company in Annapolis, MD, a vital part of the Mid-Atlantic communities we serve. We provide each client with a mortgage marketplace that includes a multitude of options. Tell us more about the financial challenges you face,
(888) 444-3160 648 miles Lender's profile and map Reviews Navigator Private Capital LLC 1910 Towne Centre Blvd, Suite 250, Annapolis, MD, 21401 Navigator Private Capital, LLC (NavCap) believes in the power of capital investment to transform neighborhoods and improve lives. We fund short-term, low-risk development projects throughout under served communities across the country. NavCap meets a critical need not satisfied by traditional commercial investment vehicles.
(804) 756-5000 648 miles Lender's profile and map Reviews Connects Federal Credit Union 7700 Shrader Road, Richmond, VA, 23228 Connects Federal Credit Union is an independent, not-for-profit financial cooperative. Connects FCU is owned by its members, who are shareholders. Member share deposits provide the funds for loans to members and the income from loan interest is used to meet expenses and pay dividends on member accounts.
(804) 836-9580 648 miles Lender's profile and map Reviews Direct Mortgage Brokers, LLC. 2103 East Parham Road, Suite 210, Henrico, VA, 23228 Whether 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.