USDA Vs. FHA your options comparison in Waukegan, Lake County, IL
As of 2025, the USDA loan cap in Waukegan, within the county of Lake, IL, is set at $0, while the FHA ceiling for a single-family dwelling stands at $472,030.
By employing the Lendersa® USDA loan calculator, you can juxtapose today's prime USDA and FHA rates, and ascertain the necessary income, credit score, reserves, and documents to qualify. Our sophisticated mortgage calculator enables you to examine USDA, FHA, Conforming, and VA options side by side, making it easier to pinpoint which program in aligns best with your financial needs.
Explore 2025 loan limits and down payment criteria in Waukegan, Lake county, IL
Loan Type
Loan Limit
Down Payment
USDA
$0
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA borrowing choices in Waukegan, IL
The mission of Lendersa® is to swiftly and smoothly secure the most advantageous USDA or FHA loans for you. You can start with any of our three entry points to match you with lenders and USDA loan options.
The USDA home loan, ensured by the government and sometimes known as the USDA rural development loan, is accessible solely in rural locales. Contrary to FHA loans, which necessitate at least a 3.5% down payment, the USDA mortgage requires no down payment.
Clarksville Mortgage Corporation, where we specialize in residential mortgages. At Clarksville Mortgage Corporation, we will find a loan that fits each borrower. Unlike big banks that have "order takers" helping you with your loan, we have highly skilled loan consultants. Our consultants know what it takes to get through underwriting quickly.
555 North Point Center, 4th Floor, Suite 491, Alpharetta, GA, 30022
Kindred Mortgage Group is a mortgage broker in Atlanta Georgia specializing in personalized mortgage planning and mortgage financing for the unique needs of homebuyers, investors, realtors, CPAs and financial advisors seeking optimized mortgage solutions for their individual and business goals. We provide a diverse range of mortgage loan products
SR Mortgage LLC is a mortgage broker company serving the mortgage needs for people of Georgia. We offer the best product and solutions tailored to individuals' goals and needs. broker company serving the mortgage needs for people of Georgia. We offer the best product and solutions tailored
Our mission is to serve our customers with honesty, integrity, and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
3060 Kimball Bridge Road, Suite 155, Alpharetta, GA, 30022
Summerfield Mortgage, LLC is a young company with deep roots, founded on over 25 years of experience. We offer top service because we have your best interest at heart and also Mortgages made easy. Whether this is your first home purchase, refinance, a vacation home, or investment property.
4640 Valais Court, Suite 204, Johns Creek, GA, 30022
Magnum Home Loan is one of the preferred brokers for the top ten lenders nationwide. We are partnered with many major investors/lending sources in the nation including Amerisave, MB Financial, NYCB, and United Wholesale Mortgage. The partnerships with many of the top lenders in the nation have enabled.
11380 Southbridge Parkway, Suite 227, Alpharetta, GA, 30022
Damian Warwick is a Mortgage Banker with over 24 years of experience in the financial services and mortgage industries. His financial experience includes running his own mortgage company and managing large financial institutions/banks, as well as midsize corporations. He prides himself in providing excellent customer service for his clients
5755 N Point Pkwy, Suite 58, Alpharetta, GA, 30022
Crushing rates and beating other lender's turn times with personalized attention to detail to make the mortgage process as stress-free and quick as possible. Quick closings for both purchases and refinances. Loan products: Conventional, FHA, VA, USDA, Non-traditional recent foreclosure/bankruptcy
