USDA Vs. FHA Pro and Con comparison in Willow-Springs, Cook County, IL

In 2025, the USDA loan limit in Willow-Springs, situated in Cook county, IL, is $0. The FHA limit for a single-family home, however, is $379,500.

Use the Lendersa® USDA loan calculator to contrast today's leading USDA versus FHA rates, and determine the required income, credit, reserves, and documents for eligibility. Our advanced mortgage calculator displays USDA, FHA, Conforming, and VA options side by side, enabling you to select the best program in tailored to your financial needs.

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2025 Loan Limits and Down Payment Requirements in Willow-Springs, County of Cook, IL

Type of Loan Ceiling Amount Initial Payment
USDA $0 0%
FHA $379,500 3.5%
Conventional Conforming $548,250 3%

Options for USDA and FHA Loans in Willow-Springs, IL

At Lendersa®, our goal is to ensure you receive the most suitable USDA or FHA loan with speed and ease. Start your journey by selecting one of three points that connect you to the right lenders and USDA loan programs.

Lendersa USDA loan request and matching results

What is a USDA Loan in IL?

A USDA home loan, supported by the U.S. Department of Agriculture, is often referred to as a USDA rural development loan or mortgage. This type of loan is exclusively available in rural areas. Unlike FHA loans requiring a down payment of at least 3.5%, USDA loans have no down payment requirement, offering significant advantages for those who qualify.

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



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