USDA Loan Vs. FHA loan for Champaign, IL [ best of 2023]

In 2024, USDA loan limit in Champaign, county of Champaign, IL is $336,500 while FHA limit is $472,030 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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USDA and FHA loan options in Champaign, 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.

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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.

(701) 847-2600 https://firststatebanks.com/ 686 miles Lender's profile and map Reviews First State Bank & Trust Company 612 Broadway, Thompson, ND, 58278 Officially known as First State Bank since 1938, our five locations in Buxton, Grand Forks, Mayville, Portland and Thompson are centrally located in the heart of North Dakota’s legendary Red River Valley. Known for our commitment to the communities we serve, our respected business, agricultural and mortgage lenders
(912) 354-8100 https://www.memorialhealthcu.org/ 686 miles Lender's profile and map Reviews Memorial Health CU 901 East 65th Street, Savannah, GA, 31405 Memorial Health Credit Union is a 48 year-old not-for-profit financial cooperative established in 1972. Our team works hard for each & every member by answering interest rates questions, qualifying new members, assembling due diligence on loans, setting up customized savings accounts, establishing direct deposits and helping with new credit cards.
(620) 275-0131 https://www.gctcu.org/ 686 miles Lender's profile and map Reviews Garden City Teachers Federal Credit Union 1601 E Kansas Avenue, Garden City, KS, 67846 Garden City Teachers Federal Credit Union is a Full Service Financial Institution serving you since 1952. We have a closed membership, and to qualify for membership you have to be one of the following: Employee of Deerfield School District, Employee of High Plains Educational Cooperative, Employee of the Boards of Education for Finney County.
(620) 275-4128 https://www.wsbks.com/ 686 miles Lender's profile and map Reviews Western State Bank (Garden City) 1500 E. Kansas Avenue, Garden City, KS, 67846 Accomplish your financial goals with help from your community banking partner—Western State Bank in Garden City. Our family-owned, local bank proudly serves seven Western Kansas communities. Through our first-class personal and business banking solutions, we have the products, services and expertise our customers need to achieve their goals.
(620) 275-2151 http://www.gpcu.org 686 miles Lender's profile and map Reviews Golden Plains Credit Union 1714 E. Kansas Ave, Garden City, KS, 67846 We make our loans convenient for our members with competitive rates and flexible terms. Loans are available for a wide range of purposes including, auto loans and leases, motorcycles, signature loans, overdraft protection, consolidation and many other uses. Apply in person, by phone, mail or online.
(610) 595-2929 https://bhcu.org/ 686 miles Lender's profile and map Reviews BHCU 501 Industrial Highway, Ridley Park, PA, 19078 Founded in 1952 in Ridley Park, Pennsylvania, BHCU is a federally insured credit union that provides comprehensive banking services to its members. Originally established to serve employees of Boeing (formally Vertol) and their family members, BHCU recently expanded to a community-based credit union, exclusively serving Delaware County, PA.
(972) 400-8258 http://www.fainc.com/ 686 miles Lender's profile and map Reviews Finance America Inc. 113 N. Poydras Street, Suite 202, Lewisville, TX, 75057 At Finance America, we believe that home loans should be simple, personal and able to meet a borrowers’ changing financial needs. Our customers come from all walks of life, so instead of trying to fit them into predefined boxes, we assess their application on a case by case basis to find the loan that best suits their needs.
2147695091 https://www.blacktielending.com 686 miles Lender's profile and map Reviews Black Tie Lending LLC 6300 Samuel Blvd Suite 105, Dallas, TX, 75228 Black Tie Lending caters solely to residential real estate investors that buy, fix, and flip single family houses. Our innovative hard money loan products were designed for real estate investors that require fast and efficient access to money for deals that makes sense. Great HML Terms 90% LTV on Purchase and 100% of Repair Funds. Low interest ra
(214) 327-9367 https://www.lonestarcu.org/ 686 miles Lender's profile and map Reviews Lone Star Credit Union 7508 Ferguson Road, Dallas, TX, 75228 We believe if it’s good for you, it’s good for us. This good-business philosophy is lived out in how we treat each other, our Members & the communities we live in. Proud to be Texas-based since 1967, we always honor the credit union credo of “people helping people.” While we deliver a variety of financial services, we are driven by respect & fairne
(214) 515-0100 https://www.citycu.org/ 686 miles Lender's profile and map Reviews City Credit Union TX 7474 Ferguson Road, Dallas, TX, 75228 City Credit Union formerly the City Employees Credit Union - was issued a State of Texas charter in 1942. While our beginnings were serving only City of Dallas employees, today we serve the Dallas-Fort Worth-Arlington Metropolitan Statistical Area: anyone who lives, works, worships or attends school in Dallas.
(843) 990-5510 https://www.beacon.bank/ 686 miles Lender's profile and map Reviews Beacon Community Bank 578 East Bay Street, Suite D, Charleston, SC, 29403 In the spring of 2017, the concept of Beacon Community Bank was developed by a group of local businessmen and women to fill a void created by recent mergers and acquisitions of a number of locally owned banks. At that time, only one local bank remained, when a decade prior there had been as many as seven.