USDA and FHA Pro and Con in Gillespie, Macoupin County, IL
For 2025, the USDA loan limit in Gillespie, Macoupin county, IL is set at $336,500. In comparison, the FHA limit for a single-family home is $472,030.
Utilize the Lendersa® USDA loan calculator to effectively compare today's top rates for USDA versus FHA options. This tool helps assess the income, credit, reserves, and documentation needed for qualification. Using our enhanced mortgage calculator, you can view USDA, FHA, Conforming, and VA plans side by side, supporting your choice of the best program in for your financial situation.
2025 Loan Limits and Down Payment Requirements in Gillespie, Macoupin, 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 Gillespie, IL
The mission of Lendersa® is to rapidly secure the best USDA or FHA loan for you without hassle. Take one of three initial paths to align you with matching lenders and appropriate USDA loan programs.
The USDA home loan, a government-guaranteed mortgage offered by the Department of Agriculture, known as a USDA rural development loan, is accessible in rural areas only. Unlike FHA loans that demand a 3.5% down payment, USDA mortgages require none, easing the path to homeownership for qualified rural applicants.
Mountain Heritage Federal Credit Union has been open since 1958. It's the 22nd largest credit union in West Virginia with assets totaling $48.94 Million and providing banking services to more than 8, 000 members as of March 2022.
The credit union is a member-owned financial cooperative providing financial banking services to multiple member gr
WV Central Credit Union is to get you settled in to your new home sooner. Buying a home can be stressful but we will walk you through a simple step by step process to ease any worry. We will help you determine the right loan and terms to find your needs, whether you're purchasing, refinancing, constructing, or remodeling.
Traverse Catholic Federal Credit Union begins in 1950, when a group of employees at Parts Manufacturing Company in Traverse City, received a federal charter to form a credit union for their company. One employee, Lawrence Weber, and his wife, Ann, willingly took on the large responsibility of running the credit union out of their own home.
"Madison County Bank takes pride in still having the friendly personal touch that has been our hallmark since we began in 1888.
Today, our tellers still know most of their customers on a first name basis, and the bank is stronger and more secure than ever. We pride ourselves on our personalized approach to community banking
We are a not-for-profit financial cooperative, owned by its members. Our mission is to build lifelong relationships that enhance the financial lives of our members and Catholic communities. At the turn of the 21st century, the Board of Directors of Catholic United Financial approved the establishment of a member-owned credit union.
Since establishing business in 1887, the bank has built its reputation on personal service and community promotion. Family owned and locally operated in the communities of Tescott, Lincoln, Salina, and Lindsborg, The Bank of Tescott strives to provide customers with a competitive array of loan and deposit products that aid in their financial succes
159 Crocker Park Blvd, Suite 400, Westlake, OH, 44012
Eagle Bend Capital Financing is an Ohio-based commercial finance and real estate capital intermediary. We provide funding solutions to businesses and real estate investors all over the country. Our extensive portfolio of financing options can provide a great alternative to traditional banks.
Financial One Credit Union is a not-for-profit financial cooperative.We've been guiding our members to financial health since 1933. We listen to each member's life goals & provide financial solutions bringing value to their lives.Financial One Credit Union provides financial services to people who live, work, attend school, worship, or do business.
Ladysmith Federal Savings and Loan Association first opened its doors in 1934. We began with a small staff of only one whose main charter as an association was to provide mortgages, savings accounts, certificates of deposit and share loans.Today, Ladysmith Federal is a thriving, full-service financial institution with a staff of 12 and an active Bo
The Choctaw Federal Credit Union is a nonprofit, cooperative financial institution owned and run by its members. Organized to serve, democratically controlled credit unions provide their members with a safe place to save and borrow at reasonable rates. Members pool their funds to make loans to one-another.
The Citizens Bank of Philadelphia has locations throughout Mississippi, from Starkville to the Gulf Coast. With an emphasis on community banking and banking on the communities we serve, we hope to grow dreams and improve the areas within our footprint. With over a century of service, The Citizens Bank stands on a past of strength and stability
