USDA and FHA Pro and Con in East-Peoria, Tazewell County, IL
During 2025, within East-Peoria, located in Tazewell county, IL, the USDA loan ceiling is $285,000, while the limit for FHA loans is $356,362 for a single-family home.
Utilize the Lendersa® USDA loan calculator to compare leading USDA against FHA rates currently available and evaluate the income, credit score, reserves, and paperwork necessary to qualify. Our advanced mortgage calculator showcases USDA, FHA, Conforming, and VA loans in parallel, assisting you in selecting the program that best suits your specific financial scenario in .
2025 Loan Limits and Down Payment Requirements in East-Peoria, Tazewell, IL
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Explore USDA and FHA Loan Options in East-Peoria, IL
Lendersa® strives to quickly find you an optimal USDA or FHA loan without hassle. Choose one of three entry points for connecting with lenders and USDA loan programs.
The USDA home loan is a government-backed loan by the Department of Agriculture, also known as a USDA rural development loan, available exclusively in rural communities. Unlike FHA loans that demand a minimum of 3.5% down payment, USDA mortgages require no down payment.
Blue Dolphin Capital is a mortgage brokerage that specializes in residential and commercial loans. As a company, we understand the benefits of new technology and work closely with some of the most innovative lenders in the industry, to provide an array of loan programs that can best suit our clients. As a leader
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BR Funding is here to assist you with solid solutions and the best wholesale rates and programs to accomplish your personal goals. Never pay retail again. With your help BR Funding will design savings strategy personalized to accomplish your financial needs so you can live the life you deserve.
South Shore Bank is a full-service mutual bank with approximately $2 billion in assets. As a locally managed mutual bank, we believe the most valuable & enduring success is success that is shared. Together, we work to help our people, clients and communities thrive. With an extensive set of financial products, the Bank serves as a trusted advisor.
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