USDA Vs. FHA your options comparison in Fairfield, Wayne County, IL
In 2026, the USDA loan limit for Fairfield in Wayne county, IL is $336,500, while the FHA limit for a single-family home is $472,030.
Use the Lendersa® USDA loan calculator to compare the leading USDA vs. FHA rates available today. This tool helps evaluate the necessary income, credit, reserves, and documentation for qualification. With our sophisticated mortgage calculator, you can view USDA, FHA, Conforming, and VA options together, aiding your decision on the most suitable program in for your financial situation.
2026 Loan Limits and Down Payment Requirements in Fairfield, Wayne, IL
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Explore USDA and FHA Loan Options in Fairfield, IL
The aim of Lendersa® is to swiftly secure the best USDA or FHA loan available, without hassle. Choose one of three pathways, leading you to compatible lenders and suitable USDA loan options.
A USDA home loan, supported by the Department of Agriculture and also known as a USDA rural development loan or mortgage, is exclusively offered for rural areas. Unlike FHA loans that require at least a 3.5% down payment, USDA loans do not require any down payment, making them more accessible for eligible rural applicants.
Citizens National Bank of Albion is one of the leading privately-held financial institutions in Southern Illinois and this area's most trusted lender. We offer personalized customer care and the newest in banking technologies. Headquartered in Albion, Illinois and operating banking centers in Olney, Bridgeport, Lawrenceville, Crossville.
Our Banking Team understands the value that local ownership brings to the community. We support community organizations, partner with projects, and remain sensitive to community needs. At Flora Savings Bank, you will receive the "personal touch" that is missing in many financial institutions.
In 1977, a group of area business people noticed that Flora, Illinois had limited choices when it came to financial institutions. These business leaders from Flora and the surrounding communities came together and, on January 19, 1978, Flora Bank & Trust opened for business in a temporary banking facility located at 1010 West North Avenue in Flora.
First Bank, an entity of Southern Illinois Bancorp, Inc. headquartered in Carmi, Illinois, has been serving businesses and families in Southeast Illinois and Southwest Indiana since 1893. We represent a return to the old-fashioned way of banking, where the staff knew everyone by name and treated you like a person instead of a number.
First Community Bank, Xenia-Flora is a community bank operating in Central Illinois serving Xenia-Flora and surrounding communities. We take pride in giving friendly, efficient, and personal service. Decisions about our policies and customers needs are made by people living in your own community.
The First National Bank in Olney is an independent, locally owned and managed provider of financial services that is dedicated to serving Richland, Clay, Crawford and Jasper Counties with quality products and services designed to maintain a profitable relationship with its customer base, and to support our role in attracting.
With hundreds of mortgage branch and loan officer employment opportunities out there, making a choice on who to sign up with is not an easy task! MBN SERVICES CORP, Inc is here to help save you time, energy and money trying to find the best mortgage branch and/or loan officer employment opportunity that will fit YOUR needs at NO COST to you!
Since 1906, our bank has been serving Jefferson County, Illinois. From 1906 to 2008, we operated as First National Bank which was originally chartered in Woodlawn, IL. We are proud to have been the only national bank to survive the Depression in Jefferson County, and we’re proud of our history of service to Jefferson County.
Established in 1910 we are a community bank located in Southern Illinois, locally owned and managed by people you can trust. The luka State Bank offers the integrity and stability of a Five Star rated financial institution — the highest rating awarded by Bauer Financial Rating Service and proof that we rank among the strongest banks in the country.
