USDA Vs. FHA your options comparison in Winthrop-Harbor, Lake County, IL

In 2025, USDA loan limit in Winthrop-Harbor, county of Lake, IL is $0 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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2025 loan limits and downpayment requirments in Winthrop-Harbor, county of Lake, IL

Loan Type Loan Limit Down payment
USDA $0 0%
FHA $379,500 3.5%
Conventional Conforming $548,250 3%

USDA and FHA loan options in Winthrop-Harbor, 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?



  • 1st Community Credit Union
  • 1000 W Wisconsin St, Sparta, WI, 54656
  • 1st Community Credit Union is a not-for-profit organization owned by its members...people like you. Our purpose is to provide a source of credit at a fair and reasonable rate. As a member, you are one of the owners of your Credit Union. We take pride in serving our members in the best way we know how: with friendly, personalized service.
  • Northwestern Federal Credit Union
  • 234 North Main Street, Bryan, OH, 43506
  • Northwestern Federal Credit Union has been open since 1950. The credit union has assets totaling $13.72 Million and provides banking services to more than 2, 000 members. The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member
  • Northpark Community Credit Union
  • 450 South Lebanon Street, Lebanon, IN, 46052
  • Our purpose is simple, to make your life better. From our people, to our products and our Members, that's what we strive for every day. We serve Central Indiana and while we may be virtual (the one and only virtual credit union in the United States!) we put a lot of resources into serving our community, especially the underserved.
  • Central State Bank
  • 102 North Main Street, Elkader, IA, 52043
  • Central State Bank is a family-owned and locally operated financial institution serving eastern Iowa. With locations in six communities: CSB offers a wide variety of personal and commercial products/services, a strong staff and a personal touch and We aim to become a total solution for individuals and businesses who want more from their bank.
  • The Gerber State Bank
  • 110 East Elm Street, Argenta, IL, 62501
  • The Gerber State Bank, Argenta, Illinois, was founded by James W. Brown and Samuel Gerber as a partnership under the names of “Brown and Gerber Bankers”, in 1887. The bankers opened for business in a wooden frame building just north of the railroad tracks along North Street. Eventually, that wooden structure burned to the ground.
  • Farmers and Merchants Saving Bank
  • 101 E Main St, Manchester, IA, 52057
  • F&M Bank was established in 1925 in Manchester, Iowa. F&M Bank continues to be a locally owned and operated financial institution. In 1994, F&M Bank expanded into the Cedar Rapids metro market area and in 2004, established an office in Anamosa. In 2010, F&M became an interstate bank with the addition of the Vadnais Heights.
  • Mason City National Bank
  • 104 W Pine St., Mason City, IL, 62664
  • We are very proud to be a part of this great community! We are dedicated to providing our customers with the very best of personalized service by offering a wide array of financial products that can be tailored to fit your needs. As our track record shows, we have always felt the people of our community are the best investment we can make.
  • Longview Bank and Trust
  • 121 S Pennsylvania St, Chrisman, IL, 61924
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  • The First National Bank of Bangor
  • 1798 Commercial Street, Bangor, WI, 54614
  • Established in 1903, First National Bank of Bangor is independently owned and is proud to be your “Community Bank.” We offer a wide range of products and services to satisfy both your business and personal financial needs. We support and partner with our local communities in activities to improve the quality of life for their residents.
  • Bank Michigan
  • 417 S. Main St., Brooklyn, MI, 49230
  • Bank Michigan originated in 1907 in Onsted, MI. We have since evolved from a one town, one location Bank to three locations, with our Founding Lenawee County office in Onsted, one location in Brooklyn, one in Ann Arbor, servicing customers primarily in these market areas. We are a Community Bank with a team who take the word very serious.
  • Exchange State Bank
  • 253 Broadway, Springville, IA, 52336
  • At The Exchange State Bank, we enjoy being a banking option for people from all walks of life. Serving the communities of Springville and Martelle and their surrounding areas, we work with customers with a variety of banking needs. The Exchange State Bank Offering a variety of banking services, from deposit accounts and online banking services.
  • Intercity State Bank
  • 962 Grand Avenue, Schofield, WI, 54476
  • Intercity State Bank is an independent community bank where we approach things differently. We have been serving Schofield & the surrounding areas for 60 years.Originally chartered in the 1952, Intercity has continued to provide the best personal attention to the needs of the citizens & local business community through the changing decades.