USDA Vs. FHA your options comparison in Aledo, Mercer County, IL
In the current year of 2025, the USDA loan cap for Aledo, situated in the county of Mercer, IL, is set at $336,500. On the other hand, the FHA limit for a single-family residence stands at $472,030.
Utilize the Lendersa® USDA loan calculator to juxtapose today's USDA and FHA top rates. Assess the income, credit, reserve requirements, and documents needed to qualify. With our sophisticated mortgage calculator, you can compare USDA, FHA, Conforming, and VA options side by side, aiding you in selecting the best program in suited to your financial scenario.
2025 Loan Caps and Down Payment Requirements in Aledo, Mercer, IL
Loan Category
Limit
Initial Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Choice of USDA and FHA Loans in Aledo, IL
The aim of Lendersa® is to swiftly secure the most favorable USDA or FHA loans for you with minimal inconvenience. You have the flexibility to choose from three initial options that connect you with matching lenders and USDA loan offerings.
A USDA home loan is a government-backed mortgage offered by the Department of Agriculture, known as a USDA rural development loan or USDA mortgage, available only in rural areas. It contrasts with FHA loans which have a minimum down payment requirement of 3.5%, as the USDA loan does not need any down payment.
5401 South Kirkman Road, Suite 208, Orlando, FL, 32819
TMG MORTGAGE GROUP a TD Home Loans, Inc company Wade Darius Senior Loan Officer, a Real Estate Broker at TD Homes Real Estate, a Private Real Estate Wealth Client Advisor, a former Senior Mortgage Underwriter with some of the top U.S. Banks, and a former Candidate for Congress – Florida Congressional District 10.
7208 West Sand Lake Road, Suite 305, Orlando, FL, 32819
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.
8810 Commodity Circle, Suite 36, Orlando, FL, 32819
For the past 17 years in the Orlando mortgage market, Christina Santana has helped customers get mortgage approvals. Her extensive experience in the lending industry and her vast network of lenders and realtors, is the backbone of Mile Marker's ability to provide quick and excellent results.
Flow America is located in Orlando and serves all of Central Florida. Our team is highly qualified with extensive experience in real estate and financial markets. You can finance different types of real estate: houses, apartments, townhomes or commercial developments. We work Transperantly, avoiding Surprises.
Moneyhouse has been the # 1 non-depository mortgage bank in closings in Puerto Rico for the past 11 years. We are a full-service direct lender mortgage banking company offering a diverse array of products for home loan needs. Moneyhouse is committed to families. Moneyhouse understands the sensitivity that comes with making big family.
My Florida Real Estate Group is an affiliate of My Florida Mortgage Solutions and may receive a financial benefit by working together. We are here to help you and guide you during the process of the purchase or refinance of your house or commercial business. Call us and make your appointment today
"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."
9100 Conroy Windermere Road, Suite 200, Orlando, FL, 32819
Homespire Mortgage is an award-winning mortgage lender, proudly operating branches across 36 states. Whether you’re buying a home or refinancing, you’ve come to the right place. At Homespire Mortgage, we’ve completely re-invented the mortgage process to create a worry-free and hassle-free mortgage experience for you.
