USDA Loan Vs. FHA loan for Forsyth, IL [ best of 2023]

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

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

Get top 10
USDA LENDERS
customized to yout needes

USDA and FHA loan options in Forsyth, IL

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in Illinois?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

(586) 799-0000 361 miles Lender's profile and map Reviews Mortgage 1 43456 Mound Rd., Sterling Heights, MI, 48314 Mortgage 1 is dedicated to providing a world-class team with innovative tools to better serve our customers. Our mission is to deliver unique financing options tailored to each individual’s situation. Family is the foundation of Mortgage 1 and providing exceptional service to lifelong customers is our goal.
(586) 254-8435 361 miles Lender's profile and map Reviews R-B Financial/Mortgages, Inc. 44028 Mound Rd, Suite 3, Sterling Heights, MI, 48314 R-B Financial/Mortgages, Inc was established in 1992. A lot about the mortgage industry has changed over that time. However, our core principles established 30 years ago still remain the same today. Honesty. Integrity. Accountability.Founded by Ralph Buccinno, R-B Financial/Mortgages, Inc.
(989) 244-7156 361 miles Lender's profile and map Reviews United Financial Credit Union 1026 W. Midland Road, Auburn, MI, 48611 Welcome to United Financial Credit Union, established in 1964, your full-service, not-for-profit financial cooperative. We are owned and operated by members – so we comprise a family-like organization. Credit Union, established in 1964, your full-service, not-for-profit financial cooperative.
(586) 944-3608 362 miles Lender's profile and map Reviews Hassarloans 12315 E 14 Mile Rd, Sterling Heights, MI, 48312 Our mission is to serve all customers with honesty, integrity, and competence. Our goal is to provide home loans to our clients with more options while providing them with the lowest interest rates and closing costs. Everyone can obtain Mortgage financing whether you have the best or worst credit situations.
(586) 630-6747 362 miles Lender's profile and map Reviews New Inception Mortgage LLC 33887 Oakwood Drive, Sterling Heights, MI, 48312 At New Inception Mortgage, you can expect friendly, professional advice and clear explanations of all of our available mortgage products, including our ARMs. We will walk you through the advantages and risks associated with each loan option and provide the guidance you need to help you make the right decision.
(989) 497-1600 362 miles Lender's profile and map Reviews Frankenmuth Credit Union 580 N. Main Street, Frankenmuth, MI, 48734 In 1964 Frankenmuth Credit Union was organized by the employees of Carling Brewery of Frankenmuth. They were looking for an alternative option for their financial needs. In the beginning only the employees of Carling Brewery, Zeilinger Beverage, Geyer’s Brewery and Star of the West Milling could join the credit union – the brewers and millers.
(989) 497-1651 362 miles Lender's profile and map Reviews Neighborhood Mortgage Solutions, LLC 975 North Main St, Suite D, Frankenmuth, MI, 48734 Neighborhood Mortgage Solutions is a Credit Union Service Organization (CUSO) providing mortgage services to fellow credit unions. We are credit union owned and were founded in 2008 by three credit union partners in Michigan: Frankenmuth Credit Union, Alpena Alcona Area Credit Union and Team One Credit Union.
(423) 447-2931 362 miles Lender's profile and map Reviews First Farmers & Commercial Bank 441 Spring Street, Pikeville, TN, 37367 First Farmers and Commercial Bank, (formerly First National Bank of Pikeville) has strived and grown to meet community needs. Some 70 prominent Bledsoe Countians organized the community bank and today there are over 201 community minded people involved in the bank’s ownership. First Farmers and Commercial Bank, charter on September 30, 1913.
(313) 887-1919 362 miles Lender's profile and map Reviews Citizens Home Loan LLC 18468 Mack Grosse Pointe, Farms, MI, 48236 Citizens Home Loan Specialize in purchase and refinance transactions in Michigan and Colorado. Loan Types: Jumbo, Conventional, FHA, VA and USDA (rural development) NMLS 142908 Jay Wojciechowski 14 years of experience in Residential Mortgage Lending for purchase and refinance transactions. Conventional, FHA, VA, USDA & Jumbo
(313) 636-3700 362 miles Lender's profile and map Reviews Hill Mortgage 81 Kercheval Avenue, Suite 204, Grosse Pointe, MI, 48236 Hill Mortgage is based in Grosse Pointe Farms, Michigan. Founded by Jason Kaleta, Brendan Fossee & Dane Fossee. We are one of Michigan’s fastest growing mortgage brokerages. Our number one priority is customer service and creating meaningful and lasting relationships with our clients
(586) 997-2529 362 miles Lender's profile and map Reviews Lakeside Advantage Mortgage Inc 50712 Van Dyke Avenue, Shelby Township, MI, 48317 Lakeside Advantage Mortgage is focused on helping clients with their home financing needs throughout the state of Michigan. We’re committed to educating the client on the best loan programs available in an ever changing market place. Whether you are looking for a new home, refinancing your existing home or changing the loan term.