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.
Auburn University Credit Union is here to help you navigate life's milestones. From education expenses, auto loans, vacations, home purchases, AU Credit Unions is built around where you live, work, study & play. We're locally owned for our local neighbors. We’re always on your team because we understand the importance of being stronger together.
We have 3800 members and approximately $14 million in assets. The credit union was founded in 1961 and originally served Lee County Hospital employees. Since then, Lee County Hospital has been renamed East Alabama Medical Center & is still a major sponsor group. EAC Federal Credit Union has expanded to include the following select employee groups.
Martinsville First Savings Bank came to life in 1924 when local businessmen saw a need for mortgage lending to help the growing city of Martinsville prosper. We have thrived through decades of change and have been a source for mortgages and banking in the community since day one – supporting local organizations and initiatives along the way.
Fedmont FCU was formed by eight original members working in the old Federal Courthouse in 1960 to serve the employees of federal agencies also working in the courthouse at that time. After meeting strict standards, the National Credit Union Administration issued Charter #14026 to what was then known as Alabama Fedmont FCU.
MAX is a not-for-profit financial cooperative serving central and east Alabama and west Georgia. MAX is a full-service institution with several branch locations, myMAX.com, and MAX Online & Mobile banking services. See myMAX.com for our branch locations. As a full service financial institution, MAX offers business &, savings, home mortgages
The Real Estate Funding team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
2340 Justin Rd, Suite 206, Highland Village, TX, 75077
At Parkmont Lending, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use "common sense" and will help you obtain the best loan possible. We represent a wide range of "A" rated lenders with first quality rates to private "hardship" lenders.
Highland Village Mortgage, LLC is a Texas Domestic Limited-Liability Company (Llc) filed On October 28, 2019. The company's filing status is listed as In Existence. The Registered Agent on file for this company is Angus Harrup & is located at 206 Malibu Drive, Highland Village, TX. The company's principal address is 206 Malibu Dr Highland Village
