USDA Vs. FHA Pro and Con comparison in Auburn, Sangamon County, IL
In 2025, the USDA loan limit for Auburn, which is located in the county of Sangamon, IL, is set at $336,500. In contrast, for a single-family home, the FHA limit is established at $472,030.
Access the Lendersa® USDA loan calculator for a comprehensive comparison of today's most competitive USDA versus FHA rates. This will help you determine not only the income needed but also the credit requirements, reserves, and documents necessary for your qualification. Our advanced mortgage calculator gives a side-by-side view of USDA, FHA, Conforming, and VA loan options, which assists in deciding the best program available in tailored to your financial situation.
2025 Loan Limits and Downpayment Requirements for Auburn, in Sangamon County, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Available USDA and FHA Loan Options in Auburn, IL
The primary aim of Lendersa® is to secure for you the most suitable USDA or FHA loan swiftly and with utmost convenience. You have the option to select from one of three initial pathways that ensure you match with the best lenders and USDA loan programs available.
The USDA home loan, guaranteed by the governmental Department of Agriculture, is often referred to as a USDA rural development loan or USDA mortgage. It's primarily available for rural regions only. Unlike the FHA loans, which require a minimum down payment of 3.5%, the USDA mortgage does not necessitate any down payment at all.
39555 Orchard Hill Place, Suite 600, Novi, MI, 48375
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. We've been helping customers afford the home of their dreams for many years and we love what we do.
9810 Grand River Ave, Suite C-200, Novi, MI, 48375
We are a privately owned, Michigan Corporation, licensed as a First Mortgage Broker and Lender in the State of Michigan. We are also registered as a Second Mortgage Broker and Lender. Our in-house mortgage team expedites the process and our technology keeps you informed and connected all the way through closing and beyond.
A membership in the Fort Smith Dixie Cup Federal Credit Union is available to you after you become employed by Dixie Cup of Fort Smith or Rock-Tenn of Fort Smith. You may then participate with other credit union members who share in its benefits. You can save and borrow through the credit union.
As a Professional Mortgage Advisor, We will help you achieve the results you desire. Together, you and we will define your needs and formulate a plan for achieving your financial objectives. We pledge that we will work hard to find you the perfect loan to meet your financial goals, and we won’t quit until the job is to your satisfaction.
Shore to Shore Community Federal Credit Union serves individuals who live, work or worship in the communities of Trenton, Woodhaven, Grosse Ile, Allen Park, Brownstown, Ecorse, Flat Rock, Rockwood, Gibraltar, Lincoln Park, Melvindale, River Rouge, Riverview, Southgate, and Wyandotte.
I have been serving my clients for 15 years now and truly love what I do. After graduating from the University of Michigan I worked in several industries until I was fortunate enough to be introduced to the mortgage business by a friend of my families. I have never looked back as I love what I get to do every day.
We are mortgage professionals who started our careers in the industry at a Fortune 500 Company. We have been helping our clients achieve home ownership and manage their financing for over two decades in the great state of Michigan. We have brought over the focus of compliance, integrity, and privacy of a world class organization.
We are a community bank located in Greenup County, Kentucky. We offer traditional banking services including deposit accounts and loans. We recently partnered with MasterCard for our First & Peoples Bank and Trust Company credit card. We also provide Estate Planning, Trust Administration, Custodial/Managed IRA accounts.
