USDA Vs. FHA Pro and Con comparison in Carlinville, Macoupin County, IL
In 2025, the USDA loan limit for Carlinville, situated in Macoupin county, IL, is $336,500. The FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to compare today's best rates between USDA and FHA options. Understand the income, credit, reserves, and documentation needed for qualification. Our advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA options side by side, helping you decide which program in is best suited to your financial needs.
2025 Loan Limits and Down Payment Requirements in Carlinville, Macoupin County, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Carlinville, IL
Lendersa® aims to quickly secure the best possible USDA or FHA loan for you without hassle. Select one of three starting paths to connect with lenders offering USDA loan programs that match your needs.
A USDA home loan, supported by the U.S. Department of Agriculture, is often called a USDA rural development loan or mortgage. It is exclusively available in rural neighborhoods. Unlike FHA loans that require a minimum down payment of 3.5%, USDA loans do not require any down payment, offering substantial benefits to eligible borrowers.
Founded in 2005, Castle Hills Mortgage was created to deliver the best possible interest rates, in conjunction with the lowest closing costs, while providing the highest level of customer service. In the past two years alone, we have closed over fifty transactions totaling over $20 Million in purchases where other mortgage companies.
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. More Importantly, our main niche is to provide mortgage loans with no out of pocket closing costs for the borrower.
At TLC Mortgage, we build long-term relationships with our clients. Our goal is to help empower every client to make informed financing decisions. We go the extra mile to ask detailed questions to understand the short and long-term goals of the client. TLC Mortgage guides borrowers every step of the way through the mortgage loan appproval process.
AmeriDream Mortgage Group LLC specializes in residential home loans with excellent customer service and extensive product knowledge We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending purchase to refinance to construction lending.
Membership in HEA Federal Credit Union provides you with great services and zero or low fees. We offer free checking, ATM cards, Low Interest Rate Loans, Direct Deposit; 24-Hour Audio Response; and much, much more!
This is where you will find up-to-date and useful information on services and products we offer.
Combined Employees Credit Union is a not-for-profit financial cooperative that has enjoyed a long, remarkable history of serving our members. On October 6, 1969, what started with just 6 men and $200 has turned into a place of financial services opportunity for more than 3, 300 members.
The First National Bank of Coleraine is proud to be a part of the local community. Since 1906 we have been committed to understanding the needs of the community and working with our friends and neighbors. By taking the time to know you, we believe we will be better able to meet all your financial needs.
The Bank of Wiggins opened on December 4, 1916, after the former Peoples Bank in Wiggins was liquidated. According to an article in the Stone County Enterprise, December 1, 1966, Murphy Cooper arrived in Wiggins on the night of December 3, 1916, by train with the necessary cash with which to open the bank.
We believe people come first.
We believe exceptional customer service can be expected.
We believe that starting your day with free coffee, cookies, or even movie-theater popcorn, makes for a great day.
We believe offering a full range of innovative commercial and personal financial products
