For the year 2026, the USDA loan limit in Columbia, situated in the county of Monroe, IL, is set at $336,500, while the FHA limit for a single-family home is $472,030.
Take advantage of the Lendersa® USDA loan calculator to evaluate today's optimal USDA versus FHA rates, and identify the necessary income, credit, reserves, and documentation required for eligibility. With our sophisticated mortgage calculator, you can compare USDA, FHA, Conforming, and VA loans side by side, helping you assess which option in
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| Loan Type | Loan Limit | Down Payment |
| USDA | $336,500 | 0% |
| FHA | $472,030 | 3.5% |
| Conventional Conforming | $726,200 | 3% |
Lendersa® aims to promptly secure the most favorable USDA or FHA loans without any complications. Start with one of the three approaches below to connect with lenders and access USDA loan programs.
A USDA home loan is a government-guaranteed mortgage facilitated by the Department of Agriculture, also known as a USDA rural development loan or mortgage. It's specifically designed for rural areas. Unlike FHA loans, which require at least a 3.5% down payment, a USDA mortgage requires no down payment, making it more accessible.
Enter your location to find out if it qualifies for USDA rural housing loan?
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