USDA Loan Vs. FHA loan for Decatur, IL 2026

For 2026, the USDA loan limit in Decatur, within Macon, IL, is $336,500. Meanwhile, the FHA limit for single-family homes is $472,030.

Utilize the Lendersa® USDA loan calculator to compare the current best rates of USDA versus FHA and understand the income, credit scores, reserves, and paperwork necessary to qualify. Our advanced mortgage calculator shows USDA, FHA, Conforming, and VA loans side by side, assisting you in selecting the most suitable program for your financial situation, especially in .

Options for USDA and FHA Loans in Decatur, IL

Lendersa® aims to quickly provide the best USDA or FHA loan without complications. You can begin with one of three steps to connect with matching lenders and USDA loan packages.

Lendersa USDA request and matching findings

What Exactly is a USDA Loan in IL?

The USDA home loan, supported by the Department of Agriculture, is also known as a USDA rural development loan or mortgage, and it is exclusive to rural areas. Unlike FHA loans requiring at least a 3.5% down payment, a USDA mortgage requires none.

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(217) 632-3241 Lender's profile and map Reviews Alliance Community Bank 321 N. Sixth Street, Petersburg, IL, 62675 Alliance Community Bank is a $325 million financial institution operating four full service bank locations in Menard and Sangamon Counties. Trust services as well as the non-insured ACB Wealth Management division compliment the full array of traditional FDIC insured banking products offered through the bank.
(217) 229-3701 Lender's profile and map Reviews The First National Bank of Raymond 403 East Broad, Raymond, IL, 62560 Our success is no secret. Since our founding in 1903, the First National Bank of Raymond has dedicated itself to our customers and communities. Below you will find important milestones in our history that have led to our hundreds of years of total combined experience and commitment to excellence in all five of our locations.
(217) 356-2265 Lender's profile and map Reviews First Federal Savings Bank of Champaign Urbana 1311 S. Neil St., Champaign, IL, 61820 We’re a community bank, and we want it to show. Whether it’s sponsoring little league teams, local children’s theater, or funding local charities, we’re tied to the place we live and work and are invested in its success. First Federal offers everything you’d expect from a financial institution.
(217) 351-2870 Lender's profile and map Reviews BankChampaign 2101 South Neil St, Champaign, IL, 61820 BankChampaign has over 30 years of experience providing financial products and services for personal, commercial and investment customers in the community. We are a true community bank, providing exceptional relationship-based service to each customer. Our staff have unparalleled expertise in commercial banking, investment management
(217) 278-7700 Lender's profile and map Reviews U of I Community Credit Union 2201 S First St, Champaign, IL, 61820 we began serving hourly wage earners from a janitor room at the U of I Power Plant in October 1932. At the end of that first year, the credit union had 37 members, two borrowers, & $116.97 in assets. By 1935, the credit union moved off campus to Urbana, expanded its charter to include faculty, & was renamed University of Illinois
(217) 832-2631 Lender's profile and map Reviews Villa Grove State Bank 10 N Main St, Villa Grove, IL, 61956 Villa Grove State Bank opened for business on November 1, 1919. Our story began at 10 N. Main Street in Villa Grove, in what was then known as the Combs building and had been previously occupied by the Morrison Grocery Store, and we are still there today to serve our customers and community. As the bank has continued to grow
(217) 684-2600 Lender's profile and map Reviews Philo Exchange Bank 102 W Washington St, Philo, IL, 61864 Philo Exchange Bank's history spans six generations of customers across East Central Illinois. Started in 1883 by Dr. Calvin Ebeneezer Parker, the bank was purchased by Elisha Hazen, a local grain and implement dealer in 1899. The bank took over Philo State Bank in 1933. Nathan Rice succeeded the Hazen family leadership in 1952.
(217) 897-1136 Lender's profile and map Reviews Fisher National Bank 102 E. Division, Fisher, IL, 61843 The Fisher National Bank opened for business November 18, 1955 at a small office in downtown Fisher, IL. With numerous additions and renovations, this facility served our needs very nicely over the years. In the late 1990s, due to steady growth and the loyalty of our many clients, the board realized it was time to make another investment.
(309) 433-3408 Lender's profile and map Reviews NCEFCU 100 East Phoenix Avenue, Normal, IL, 61761 Our mission is to provide a sound financial foundation for our member-owners by providing the best products and caring professionalism to meet their needs now and in the future and we offers a wide variety of loans. You made need a personal loan for car repairs, to pay taxes, medical expenses or take a vacation.
(309) 451-8400 Lender's profile and map Reviews Illinois State Credit Union 1309 S. Center Street, Normal, IL, 61761 Illinois State Credit Union was founded in 1960 to serve employees of Illinois State University. We now serve more than 12, 000 of your closest friends and neighbors who live or work in McLean, Logan, DeWitt, Livingston, Stephenson, Winnebago, or LaSalle County. We are federally insured.
(217) 337-0240 Lender's profile and map Reviews Urbana Municipal Employees Credit Union 1606 N Willow View Road, Suite 1-O, Urbana, IL, 61802 The mission of the Urbana Municipal Employees Credit Union is to provide a member owned financial institution to encourage thrift among its members and create a source of credit at a reasonable rate of interest. The Urbana Municipal Employees Credit Union will provide members with the opportunity of borrowing money while at the same time saving mon
(309) 925-2121 Lender's profile and map Reviews The First National Bank in Tremont 134 S. Sampson St, Tremont, IL, 61568 We’re a “community” bank, and we take that role to heart. Our success depends on the strength of the people and organizations in the communities we serve. To that end, we believe volunteering is vitally important. Experience the real difference in banking with "A Real Community Bank." Our people know your name, and make a real effort.