USDA Vs. FHA your options comparison in Forsyth, Macon County, IL

In 2025, the USDA loan limit in Forsyth, within Macon county, IL, is $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.

Use the Lendersa® USDA loan calculator to compare today's best USDA versus FHA rates and determine the necessary income, credit, reserves, and documents needed for qualification. Our advanced mortgage calculator allows you to see USDA, FHA, Conforming, and VA options side by side, helping you decide which program in suits your financial situation best.

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2025 Loan Limits and Down Payment Requirements in Forsyth, Macon County, IL

Loan Type Loan Limit Down Payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

Exploring USDA and FHA Loan Options in Forsyth, IL

Lendersa® aims to provide you with the best USDA or FHA loan quickly and effortlessly. Choose from three options to align with matching lenders and USDA loan offerings.

Lendersa USDA loan request and matching outcomes

Understanding USDA Loans in IL

A USDA home loan, backed by the U.S. Department of Agriculture and known as a USDA rural development loan or mortgage, is available only in rural areas. Unlike FHA loans requiring a minimum of 3.5% down payment, USDA loans have no down payment requirement.

Enter your location to find out if it qualifies for USDA rural housing loan?



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