USDA VS FHA in Georgetown, Vermilion County, IL

In the year 2025, the USDA loan limit for Georgetown in the county of Vermilion, IL, amounts to $336,500. Meanwhile, the FHA limit for a single-family home is $472,030.

Take advantage of the Lendersa® USDA loan calculator to thoroughly compare the current USDA and FHA rates. This tool helps you evaluate income, credit, reserves, and the necessary documents for qualification. Our advanced mortgage calculator presents a side-by-side comparison of USDA, FHA, Conforming, and VA loans, assisting you in determining the most suitable program for your financial situation in .

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2025 Loan Limits and Downpayment Requirements in Georgetown, Vermilion, 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 Georgetown, IL

Lendersa® aims to streamline the process of securing the optimal USDA or FHA loan for you, emphasizing speed and convenience. Start with one of the three options to connect with suitable lenders and USDA loan programs.

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Defining USDA Loans in IL

The USDA home loan, guaranteed by the Department of Agriculture, is also known as a USDA rural development loan or USDA mortgage. This type of loan is exclusively for properties located in rural neighborhoods. Unlike FHA loans, which mandate a minimum down payment of 3.5%, USDA loans do not require any down payment, offering a significant advantage to qualified borrowers.

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



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